Philadelphia Real Estate News
It looks like a new chapter is being written about the infamous blighted parcel on the northeast corner of Broad St. and Washington Ave. From rumors involving Will Smith to Cirque du Soleil and piazzas in the sky, this lot has a long recent history of vacancy, temporary uses and project proposals. Bart Blatstein, the Read more about New Plans for Broad and Washington Entail 1,111 Units + Retail[…]
We’ve covered a few projects in the past surrounding Ridge Ave. and Allegheny Ave. including 27 units + retail, 176 units + retail, and a 134-unit project. This area along the river borders East Falls on the northern side, has a nice existing housing stock, and still has a bunch of large parcels that have Read more about 220 Units Planned on Border of Allegheny West & East Falls[…]
Germantown Avenue has some of the most incredible buildings. Stroll down this commercial corridor, and you’ll find significant structures of all shapes, sizes, and styles. The housing stock surrounding the avenue is incredible as well. Germantown is really one of the most unique and beautiful parts of Philadelphia. In July, we covered the plan to Read more about 50 Units + Retail Planned in Germantown[…]
If you’ve been to The El Bar for a Kensington Happy Meal over the last several months, you may have noticed that the building next door was demolished. Developers purchased the parcels at 1350-54 N. Front St., 1351-55 N. Hope St., and 106-108 Master St. (the lots behind the El Bar’s back patio area) in Read more about 15 Units + Retail to Rise Next to the El Bar in Kensington[…]
We’ve told you about several projects happening at and around the intersection of 2nd St. and Cecil B. Moore Ave. We covered 43 units on the southeast side of the intersection, 93 units + commercial on the northeast corner, 54 units just northeast of the intersection, and another 32-unit project that needed a variance just Read more about 28 Units Planned Near 2nd and Berks in Kensington[…]
More than a year ago, we reported that the law firm Morgan, Lewis & Bockius planned on signing a letter of intent to move its offices to a new construction tower at 23rd and Market St. Since then, the law firm has signed a 20 year lease for the property and renderings for the tower Read more about Permits Pulled, Funding in Place for New Center City Office Tower[…]
It looks like the former St. Edward the Confessor Catholic School at 7th and York St. in the Hartranft neighborhood could finally find a new lease on life. The school building along with the church and other parish buildings on the same block are amazing architectural specimens. We could not be happier to hear that Read more about 50-Unit Adaptive Reuse Proposed for School at 7th and York[…]
Back in November of 2018, developer Pearl Properties purchased the Embassy Suites at 1776 Benjamin Franklin Parkway for $59.8 million. We heard last October that the former TGI Fridays on the ground level of the building would be transformed into a brewpub. Victory Brewing Company of Downingtown announced that they would be opening a 2-story, Read more about Hotel to 289-Unit Residential Building Conversion Planned in Center City[…]
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[…]