Philadelphia Real Estate News
We have been telling you that Norris Square is a neighborhood that should explode with development over the next five to ten years. It is already happening. Vacant lots and under utilized buildings are being converted into residential and mixed-use developments. The largest project we have covered in Norris Square is the $28 million, 142-unit Read more about 102-Unit Proposal would Replace Norris Square Warehouse[…]
The border of Fairmount and Brewerytown contains two large vacant lots between 26th and 27th St. that have prevented a seamless transition between the two neighborhoods. The fields of grass mark the end of the high-end Fairmount and the beginning of emerging Brewerytown. These long-blighted lots create a real barrier between the two neighborhoods. It Read more about 108 Units + Retail Coming to 26th and Poplar[…]
Back in 2015, Powelton Village neighbors were up in arms when they heard that a development company was planning to knock down a full block’s worth of mixed-use brick buildings on the 3600 block of Lancaster Ave. in order to construct a residential-only project. The neighbors gathered together and got the whole row of buildings Read more about 126 Units + Retail Coming to University City[…]
North Broad St. continues to develop. We have covered a ton of projects on or surrounding Broad St. north of Spring Garden. We told you about the 225-unit mixed-use tower planned for Broad and Jefferson, the 521 units rising at Broad and Ridge, the 40-unit plan at Broad and Norris, the 41-unit Stable Lofts project, Read more about 70 Units + Office Space + Retail Proposed for Broad St. Near Girard Ave.[…]
We have told you before and we’ll say it again; Norris Square is primed to explode. The transit-accessible neighborhood is located just across Front St. from Fishtown and East Kensington. It sits between the Berks El stop and the York-Dauphin Station west of the tracks. The neighborhood has one of the most amazing parks within Read more about 20 Units + Retail Replacing Warehouse in Norris Square[…]
The 65,639 square foot, vacant, triangular lot at 19th St. and Wylie St. in Francisville has a ton of history. A paint factory once stood on the property. The property went through foreclosure and was assumed by the City of Philadelphia. There have been multiple development proposals for the site and attempts to rezone the Read more about Development to Finally Proceed on Francisville Triangle Parcel?[…]
East Kensington and Olde Richmond have seen an explosion of new residential development over the last several years as the energy of Fishtown has bled into these two adjacent neighborhoods. Although the area has seen an influx of new residents, the retail scene has lagged behind. We have seen some new businesses open up in Read more about 20-Unit + Retail Project Proposed for Kensington on Frankford Ave.[…]
Fishtown has gotten to the point that developable single family lots are not easy to come by anymore. Developers now need to get creative in order to find places to build new houses. There were never a ton of vacant lots in the neighborhood, but the last decade’s development boom have made them even more Read more about House Being Built on Tiny Triangular Parcel in Fishtown[…]
In the past, you may have walked down the Parkway and wondered what that hulking cement building at 20th and Shamokin St. is. The odd building has no windows in its midsection and has recently sat vacant as the rest of the neighborhood around it has been booming. The building, built in 1925, was originally Read more about 24 Units + Liquor Store Coming to Former Granary[…]
East Kensington is experiencing an influx of investment and residential density as a result of the neighborhood’s industrial past and its designation as an opportunity zone. Old factories and warehouses have been converted to new uses. Other large vacant lots are being developed into dense multi-family and mixed-use new construction projects. There are several Industrial Read more about 56-Unit + Retail Modular Project Rising Quickly in Kensington[…]