Philadelphia Real Estate News
Yesterday, we told you about a 48 unit building replacing a garage in Francisville. This area is really booming. There are construction projects down almost every street you walk. Ridge Avenue, a commercial corridor that has been getting rebuilt after years of neglect, has seen a ton of new development over the last ten years. Read more about Two Mixed-Use Buildings Rising at 16th and Ridge[…]
We are seeing auto-oriented businesses and garages eliminated in pedestrian-focused neighborhoods across the city to make way for residential units and mixed-use projects. We recently brought you a development opportunity at Berks and Frankford at the site of an auto garage, a car wash that will be demolished soon in Fishtown, a 141 unit building Read more about 48 Units to Replace Auto Garage and 3 Houses in Francisville[…]
Last week, we brought you the 14-story hotel project being built at the site of the former Midtown II diner. It looks like Jefferson Hospital workers have lost another cheap lunch option. Demolition permits have been pulled for the Wendy’s building at 11th and Walnut St. The Wendy’s is now closed. This site is just Read more about Demolition on the Horizon for Center City Wendy’s[…]
The Midtown II Restaurant closed up shop at 11th and Sansom in 2016 after 32 years in business. The owner blamed the publication of health code violations for a steep drop in business, which forced the diner to close. This closing was definitely a loss for old Philadelphia. The Midtown II’s 24-hour service and retro Read more about 14-Story Hotel Replacing Midtown II Restaurant in Center City[…]
It seems like we’re bringing a massive development project in the Riverwards to your attention 8 days a week. Development is everywhere in this section of the city. Housing prices and rents have only gone in one direction over the last decade; up. We thought the prices in Fishtown were getting ridiculous a few years Read more about 155 Unit Mixed-Use Project Rising at Frankford and Lehigh – Kensington Courts[…]
We thought development was already getting crazy in the Riverwards. One of the biggest proposals in recent memory just got released for the vacant waterfront parcel next to Graffiti Pier. This gigantic CMX-3 zoned, 138,321 square foot parcel at 2001 Beach St. will give way to 1,336,689 square feet of development. You heard that right – Read more about 1,096 Unit Mixed-Use Project Proposed Next to Graffiti Pier in the Riverwards[…]
The building at 1208 Chestnut St. once stood proudly at 8 stories tall and housed the offices and retail storefront of the Hamilton and Diesinger silver company. In 1942, a fire decimated the building and the top 5 floors were removed. The second floor has remained stucco’d over with only the third floor giving a Read more about 49 Unit Mixed-Use Building Replacing Decimated Old Building in the Gayborhood[…]
It looks like another parcel on Frankford Avenue in Fishtown will change hands in the near future. 1831-33 Frankford Ave. just hit the market last Friday for $1.2 million. This 2,934 square foot, CMX-2 zoned corner lot sits at Frankford Ave. and Berks St. within a federal Opportunity Zone. There is a one-story garage on Read more about Development Opportunity at Corner of Berks and Frankford in Fishtown[…]
We apologize if we are being repetitive, but Kensington is booming. Vacant and underutilized parcels are getting snapped up and redeveloped in every direction you look in this neighborhood. Today, we will be focusing on a project west of American St. in South Kensington. We recently brought you a 120 unit mixed-use project on Germantown Read more about 40 Micro-Unit Mixed-Use Project Progressing Slowly in Kensington[…]
Last night, we were eating dinner at Jerry’s Bar, one of our favorite spots in Northern Liberties. We looked across the street and noticed that an old warehouse was no longer there and there was heavy machinery on the lot. 1018-30 Germantown Ave. was the home of Leo Razzi’s metal fabrication studio up until his Read more about 49 Unit Mixed-Use Building Coming to Northern Liberties[…]