Is it too soon for Parkside?

[Roman Melnyk]

Hello BP, 

I am local agent in the Philly area and have been working with some investors in different areas throughout the city. Heard about some development going on in the West Philly neighborhood Parkside. The neighborhood is still seems a little rough, but I feel that there is some investment potential...Thoughts??

Thanks! 

Roman

[Joseph Platyan]

My insurance office use to be on 50th and Parkside near the Lowes and McDonalds over there. It was rough when I was there but noticed there is a Good Will there now and you can see some reconstruction going on currently.

There is a recovery/behavioral health building down there that seems to be holding the neighborhood back a bit. It brings in a good amount of people per day and from what I heard they are well passed the legal limit of people they are supposed to be helping. All day long people wonder around the street down there because they have no where else to go.

Parkside back in the 50s was the place to live, it was a high class neighborhood, obviously that has changed. It would be great to see that neighborhood turn into a glimpse of what it once was.