Tracking Philadelphia Real Estate
It was only about 5 years ago that Front St. seemed like the unsettled western frontier of Fishtown. No one wanted to live under the noisy El train tracks and the retail scene was sparse. Pioneers gradually started developing along the thoroughfare, enticed by its prime location and dense mixed-used zoning classification (CMX-3 and CMX-2.5). Read more about 7-Story, 36-Unit Building Proposed Under the El in Fishtown[…]
Last week, we told you about the 18-unit apartment building rising at 43rd and Ludlow. Across the street from that building, a 278-unit modular construction project is well underway (see our Instagram feed for construction update pictures of this project from the end of September). There are several other new and proposed buildings along this Read more about 88-Unit Building Proposed in West Philly[…]
Major development in University City continues to move westward. We recently told you about a 102-unit mixed-use plan on the 4200 block of Chestnut. That project has not broken ground yet. However, the 278-unit development at the corner of 43rd and Chestnut that we wrote about is now starting to take shape. Right behind the Read more about 18-Unit Apartment Building Rising in University City[…]
Developers are aiming to consolidate 3 industrial parcels surrounding Paoli Ave. and Umbria St. in Roxborough in order to build a mixed-use project. The properties include 5001 Umbria St., which currently holds a small diner, and 115-121 Paoli Ave., which is the home to an industrial business. Combined, the lots total 85,856 square feet (nearly Read more about 178 Units + Retail Proposed in Roxborough[…]
Spring Garden St. on the east side of Broad St. has experienced a ton of development action over the last 5-10 years. New commercial spaces, offices, breweries, residential buildings and restaurants have sprung up along the corridor. The area between 9th St. and 11th St. and the stretch between 5th St. and the river have Read more about 146 Units + Retail to Replace Parking Lot at 8th & Spring Garden[…]
Back at the beginning of the year, a package of 6 properties surrounding the corner of 19th St. and Chestnut St. in Rittenhouse went up for sale. In late May, we received notice that the properties were under agreement of sale for an estimated $25 million with Pearl Properties being the buyer. The properties include Read more about 567 Foot Tall, 183-Unit Tower Proposed in Rittenhouse[…]
If you follow Philadelphia real estate development news, you’ve heard about the saga involving Toll Brothers’ plan to build a condo tower on Jewelers Row. The plan first came to light in 2017. We won’t recount the whole story as there are plenty of articles out there that have covered the details of the situation. Read more about Jewelers Row Tower’s Height Increased, Unit Count Decreased to 63[…]
A few weeks ago, we brought the old hosiery mill at 2400 E. Huntingdon to your attention. We mentioned that demolition permits had recently been pulled for the warehouse and that there had been plans in 2018 to construct a 68 unit building on the site. We now have a cleared picture of what the Read more about 150 Units + Fresh Food Market Planned in Olde Richmond[…]
If you’ve been to Northern Liberties recently, you probably noticed the two cranes towering over the neighborhood. Those cranes are for the 1,000+ units and multiple retail spaces that will become Post Brothers’ Piazza Terminal. Just west of that development, hundreds of more units are under construction or in the planning phases along 2nd St. Read more about 14-Story, 280-Unit Building Proposed in Northern Liberties[…]
We don’t get down to cover projects too often in Point Breeze, but as many of you know, this is an area that has experienced a wave of development over the last decade. Single family homes have been built throughout the neighborhood while larger multifamily and mixed-use projects have been fewer and farther between. Point Read more about 69 Units Proposed in Point Breeze[…]