Tracking Philadelphia Real Estate
Back in 2015, Jefferson Apartment Group and Haverford Properties were selected by the Delaware River Waterfront Corporation (DRWC) to develop the 11-acre Festival Pier site at Delaware Avenue and Spring Garden St. At the time, the development team stated that their plans called for roughly 550 residential units and 30,000 square feet of retail on Read more about 500+ Unit Development Moving Forward at Festival Pier Site?[…]
In August of 2019, developers acquired the 12,005 CMX-2.5 zoned site at 1904-22 N. Front St. from the Norris Square Economic Development Corporation for $2.1 million. The parcel currently holds a low-rise building that was formerly a bank and surface parking lot. The development team proceeded to acquire the adjacent corner parcel at 1900-02 N. Read more about 105 Units + Retail Proposed at Front and Berks in Kensington[…]
It seems like we’re seeing massive development proposals come to light in Philadelphia nearly every day due to the Covid-19 backlog, the low interest rate environment, and the need to pull permits before the full 10 year tax abatement ends. Today, we bring you another tower at 23rd St. and JFK Blvd. The site is Read more about 275-Unit + Office Tower Planned for 23rd and JFK[…]
A little more than a year ago, we told you about a 207-room hotel proposed at 1620 Sansom St. in Rittenhouse. It looks like plans have changed for the site. Southern Land Company, the developer behind The Laurel on Rittenhouse Square and 3601 Market St., recently released plans for a mixed-use tower on the 18,816 Read more about 320-Foot, 298-Unit, Mixed-Use Tower Proposed in Rittenhouse[…]
Every so often, we make our way up to enjoy some delicious barbecue at Sweet Lucy’s Smokehouse in the Northeast. Sweet Lucy’s sits on State Rd. in an industrial area between the SEPTA Trenton Line and Interstate 95. However, if you go to the other side of the tracks, you’ll find a residential neighborhood composed Read more about 106-Unit Building Proposed to Replace Parking Lot in Tacony[…]
Its not too often that we read through the plans for a large mixed-use project near the subway line and wind up feeling frustrated. The owners of 1901 N. American St. on the northeast corner of Berks and American St. were pursuing a plan to build a 7-story building with 319 units, 12,559 SF of Read more about 284 Units + Retail Proposed at Berks & American in Kensington[…]
It seems like we’re seeing 100+ unit proposals all across the city these days. This is proof that urbanization is still in full force and developers believe this long-term trend will continue. Philadelphia will emerge stronger after this international health crisis lifts and people will continue to want to live in this great city at Read more about 160 Units + Retail Proposal for Infamous Lot at 27th & Girard in Brewerytown[…]
When we started telling people to buy property on the west side of Front St. near the Berks El Station more than 5 years ago, we could not have imagined that the neighborhood would develop as quickly as it has. We knew it had some great characteristics and was prime for growth, but did not Read more about 103 Units + Commercial Proposed in Kensington Near the Berks El Station[…]
Back in 2019, the Camac Baths building at 204 S. 12th St. was nominated to the Philadelphia Register of Historic Places, two years after being acquired by Midwood Investment & Development, a national real estate development firm. The Camac Baths was deemed historically significant because of its first Jewish and then gay and bisexual clientele. Read more about 448 Units + Commercial Planned for Historic Property in the Gayborhood[…]
You’ve probably queued up waiting to get into the Trader Joe’s parking lot on 22nd St. Lately, you’ve probably waited in line again to get into the supermarket, and then again to check out. It seems like Trader Joe’s is constantly busy, slinging fresh produce, tasty snacks, and frozen products to the masses. The store Read more about 341-Unit Tower Proposed on Trader Joe’s Parking Lot[…]