Philadelphia Real Estate News
The area to the east of the York-Dauphin El Station continues to develop. There are multiple new construction projects and rehabs happening in the area. There are also a bunch of massive vacant lots and under-utilized industrial buildings in the neighborhood. We see these as huge opportunities for future development. We recently told you about Read more about 19 Unit Mixed-Use Building Breaks Ground in Kensington[…]
At the end of April, we told you about a warehouse in Norris Square that was approved for a 31 unit mixed-use project. Check out that article for some background information on the property. We mentioned that the warehouse at 2155-61 N 2nd St. was purchased for $350,000 in 2018 and noted that we thought this Read more about Development Opportunity: $2.9M for 31 Unit Plan in Norris Square[…]
We have told you about multiple, large, residential and mixed-use projects rising on Chestnut St. in West Philadelphia. A 420 mixed-use tower is rising at 38th and Chestnut St. We also wrote about a 141 unit modular construction building that is under construction at 42nd and Chestnut. Today, we bring you another project just west Read more about Church Demolished, 278 Units to Rise at 43rd & Chestnut[…]
Harrowgate is a neighborhood surrounding the Tioga El Station that abuts the big box commercial strip of Aramingo Avenue. Artisans have begun to move to the neighborhood and set up shop in converted warehouses nearby. Supporting amenities are beginning to sprout in the area. Many people think that development pressure from East Kensington may jump Read more about Old School Getting Converted to 29 Residential Units + Offices in Harrowgate[…]
Francisville is booming. We recently told you about a 48 unit project replacing a garage on N. 19th St. We also told you about 2 mixed-use buildings rising at 16th and Ridge. Residential density is being brought back to this neighborhood and its commercial corridor is being rebuilt. Today, we bring you multiple projects on Read more about 82 Units + Multiple Commercial Spaces Rising or Recently Completed on the 1700-1800 Blocks of Ridge Ave[…]
The Hispanic Association of Contractor & Enterprises (HACE) is a non-profit community development corporation (CDC) founded in 1982 to jumpstart economic development in Philadelphia’s Latino neighborhoods. Their mission is to “combat community deterioration through economic development initiatives that address commercial revitalization, employment opportunities, the creation of safe affordable housing, and the provision of support services Read more about 30 Unit Mixed-Use Project Planned for 5th and Lehigh[…]
Stakeholders including the Fairmount Park Conservancy, Philadelphia Parks & Recreation, and the William Penn Foundation, recently released a $200 million redevelopment master plan for FDR Park in South Philly. The stakeholders stated that “FDR’s popularity, years of heavy use, and regular flooding have taken a toll on its infrastructure and environmental integrity.” Philadelphia-based architecture firm, Read more about Golf Course Not Included in $200 Million FDR Park Redevelopment Master Plan[…]
Some people love movie stars. Others love musicians or athletes. We at PhilaRising love Frank Furness. Furness was a daring, unorthodox, Victorian-Gothic architect and Civil War veteran who was born in Philadelphia. Most of his work was built in our great city and the surrounding area. You may recognize some of his masterpieces from your Read more about Frank Furness Bank at 6th & Spring Garden to be a Nightclub Again?[…]
Outside of the two Comcast buildings, we have not seen any new office towers rise in the central business district for a long time. The most recent significant office development on west Market St. was Aramark’s new office on the top five floors of 2400 Market St. The whale mural on the riverside building gave Read more about New 18-Story Office Tower to Replace a Parking Lot at 23rd and Market[…]
West Philly has seen an explosion of job growth and development over the last decade. University City alone now boasts over 80,000 jobs in health care, education, technology, finance, hospitality, and supporting industries. As mega-projects such as uCity Square, the 30th Street District, and Schuylkill Yards come to market in the coming years, we can Read more about 343 Foot, 420 Unit, Mixed-Use Tower Rising in West Philly[…]