Another one bites the dust

The Philadelphia Inquirer's Suzette Parmley reported tonight that developer Donald Trump has postponed construction of his $300 million Trump Tower Philadelphia project. The project was first stalled due to under water development rights that Trump needed to get from the city, and it has now ben further stalled due to the credit crisis and crumbling economy. Click on the front page of the paper to read the story:I never thought the waterfront was the right location for this project. As I said in the article, a Trump project belongs on or around Rittenhouse Square. City living is about walkability, and the waterfront just isn't there yet.