Philadelphia Real Estate News
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[…]
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[…]
It’s been a long road for the northeast corner of Broad and Pine Streets. Back in 2015, Dranoff Properties proposed a 23-story hotel with 78 rooms on the site. A couple of years later, the plans shifted to a 28-story building with 56 condominiums and 92 parking spaces. Well, it looks like the plan has Read more about New Plan at Broad and Pine: 91 Units + Commercial[…]
It seems like only about 7 years ago that the western side of Frankford Avenue from Norris Street to York Street in Fishtown was primarily made up of vacant parcels and blighted buildings. Oh how the times have changed. As you are likely well aware of, Fishtown has seen an explosion of development over the Read more about 16 Units + Retail Planned on Frankford Ave in Fishtown[…]
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[…]
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[…]
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[…]
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[…]
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[…]
Rivers Casino should be called River and Sea Casino as it’s bordered on one side by the Delaware River and on the other side by a sea of parking lots. We were hoping that after the casino built the parking garage a few years ago that we would end up seeing plans to develop their Read more about 196-Unit Building to Replace Surface Parking Lot Next to Rivers Casino[…]