Rising Real Estate

Philadelphia Real Estate News

1359 Frankford Ave Rendering

61-Unit, Mixed-Use Project Breaks Ground in Fishtown on Frankford Avenue

It’s been a long road to construction for the former surface parking lot at 1351-59 Frankford Avenue just north of La Colombe in Fishtown. A zoning permit was issued for a 33-unit, mixed-use development on the site way back in 2015. Then, in 2019, plans shifted to a 5-story project with ground floor commercial space Read more about 61-Unit, Mixed-Use Project Breaks Ground in Fishtown on Frankford Avenue[…]

4001-03 Market Street

46-Unit Building Planned Next to 40th Street El Station

West Market Street has seen a plethora of development over the last decade. The majority of projects we’ve seen constructed on Market Street west of the Schuylkill River have been located between 30th Street and 38th Street and have been focused on life sciences, higher education, and office uses with a handful of similar developments Read more about 46-Unit Building Planned Next to 40th Street El Station[…]

2301 Walnut Street Rendering

172-Unit Building to Replace Rite Aid in Center City

Word broke late last year that the Rite Aid at 2301 Walnut Street in Center City would be replaced by a new residential building after the pharmacy announced the closing of the location. Now, in anticipation of the project’s hearing with the Civic Design Review (CDR), we have more information available about the plans. The Read more about 172-Unit Building to Replace Rite Aid in Center City[…]

416 Spring Garden Street Rendering

12-Story, 329-Unit Project Under Construction at 5th and Spring Garden

A couple of weeks ago, we told you about roughly 1,400 units that are currently under construction amongst 3 projects on Delaware Avenue between Spring Garden Street and Frankford Avenue. Well, from Delaware Avenue to 5th Street along Spring Garden Street, a very similar situation is unfolding. There’s the 470-unit Festival Pier redevelopment happening at Read more about 12-Story, 329-Unit Project Under Construction at 5th and Spring Garden[…]

1325 Lee Street Construction

20-Unit, Mixed-Use Building Under Construction in Fishtown

Just over two years ago, we told you that developers were seeking a variance to build a 21-unit, mixed-use building along Lee Street on the back part of the parcel at 1324 Frankford Avenue. At the time, they were building a 50-unit project at 1324 Frankford. The development team ended up getting the variance for Read more about 20-Unit, Mixed-Use Building Under Construction in Fishtown[…]

1705 North 7th Street

Historic Synagogue’s 22-Unit Residential Conversion Underway

Our favorite types of projects to see in Philadelphia involve the adaptive reuse of beautiful old buildings. Too often in this city, we see these structures demolished to make way for new development. However, we’re hoping a program created a few years ago that is available to developers working on historic buildings continues to provide Read more about Historic Synagogue’s 22-Unit Residential Conversion Underway[…]

1538-44 Frankford Ave Construction

12-Unit, Mixed-Use Building Under Construction on Frankford Ave in Fishtown

Back in April of 2019, we told you that four buildings at 1538 through 1544 Frankford Avenue were being sold as a package and imagined that they would be purchased by a developer and demolished to make way for a new mixed-use building. The buildings sold shortly after that and the development team went through Read more about 12-Unit, Mixed-Use Building Under Construction on Frankford Ave in Fishtown[…]