Rising Real Estate

Philadelphia Real Estate News

Penn Home Fishtown

Fishtown’s Penn Home to be Converted into 45 Residential Units + Restaurant

Penn Home at 1401 E. Susquehanna Avenue in Fishtown opened in 1848 and provided shelter for women older than 59 years of age until it closed in September of 2020. The abrupt closing caused concerns across the community about what would become of the property and its structures dating from 1769 to the 1950s. Shortly Read more about Fishtown’s Penn Home to be Converted into 45 Residential Units + Restaurant[…]

1900 South 16th Street

Point Breeze Church to be Converted into 45 Apartments

We’ve seen way too many churches around Philadelphia get demolished or left to sit and rot. These buildings are typically difficult to convert into apartments, especially when they have been neglected and maintenance has been deferred for decades. However, there have been more than a handful of success stories where churches have been converted into Read more about Point Breeze Church to be Converted into 45 Apartments[…]

2202 E Allegheny Avenue Rendering

189 Apartments + 70 Townhomes + Commercial Planned in Port Richmond

There’s a vacant lot along the train tracks in Port Richmond that has caught our eye for quite some time. The 124,744 square foot parcel is zoned Industrial Residential Mixed-Use (IRMX), which allows for a dense residential use by-right. For years, it has sat vacant as development has creeped into Port Richmond. More recently, it Read more about 189 Apartments + 70 Townhomes + Commercial Planned in Port Richmond[…]

211 Vine Street Rendering

6-Story, 46-Unit Structure to Replace Old City Building

We’ve seen multiple parking lots in Old City developed recently and heard about plans to develop others. It looks like there’s another significant project in the works. Developers are planning to demolish a 3-story building at 211-213 Vine Street that has a surface parking lot in its rear. In its place, a 6-story, 61,694 square Read more about 6-Story, 46-Unit Structure to Replace Old City Building[…]

3748-52 Lancaster Avenue

40-Unit Building Planned on Triangular West Philly Parcel

If you’ve been by 37th Street and Lancaster Avenue over the last couple of years, you have definitely noticed that it’s a massive construction zone. uCity Square, a 6.5 million square foot mega development on the site of the old University City High School, is already well underway with multiple buildings currently under construction. Hundreds Read more about 40-Unit Building Planned on Triangular West Philly Parcel[…]

7619 Germantown Ave. Rendering

114-Unit, Mixed-Use Project Planned on Trolley Car Diner Site

The beloved Trolley Car Diner right on the border of Mount Airy and Chestnut Hill closed two years ago after being in business for nearly 20 years. Around the time that the restaurant’s closure was announced, we heard rumors of plans to develop the property. However, we haven’t heard much other news about the site Read more about 114-Unit, Mixed-Use Project Planned on Trolley Car Diner Site[…]

150 W. Berks Street Rendering

152-Unit, Mixed-Use Building Proposed Next to the Berks El Station in Kensington

Development momentum surrounding the Berks El Station has not slowed down. Take a walk from Front Street to 2nd Street along Berks and you’ll see a 28-unit building that is nearly completed and has started pre-leasing, another 28-unit building that is also nearing completion, and a 30-unit adaptive reuse project underway. Another 45 units are Read more about 152-Unit, Mixed-Use Building Proposed Next to the Berks El Station in Kensington[…]