Philadelphia Real Estate News
It must be about 5 years since Bobby’s Bar at the corner of Frankford Avenue and Dauphin Street closed down. The dive bar, once known as Bob’s Happy Hour Tavern, was a long time neighborhood staple. It’s closure left the northeast corner of Dauphin and Frankford feeling abandoned and blighted for years. However, we’re now Read more about Bobby’s Bar in Fishtown to Become 7 Units + Commercial[…]
Over the last five or so years, we’ve seen development from Fishtown make a strong push outward into South Kensington, East Kensington, Olde Richmond, and even further. Only a few years ago, there was not a ton of new construction north of York Street in Kensington. Now, hundreds of units are under development and more Read more about For Sale: 132-Unit Development Opportunity in Kensington[…]
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[…]