The Enterprise Center has placed a 3-acre development site on the market along the western edge of University City, marking a shift in strategy for the nonprofit organization.

The property, located on the south side of Market Street between 46th and 48th Streets, was acquired three years ago as part of a broader plan to revitalize the surrounding commercial corridor. However, with recent federal funding reductions and a realignment of organizational priorities, the Enterprise Center has opted to sell the parcel.

Zoned CMX-3, the site permits a variety of uses, including multifamily, office, retail, and mixed-use development, making it a prime opportunity for investors looking to tap into one of Philadelphia’s most active growth corridors.

Positioned just west of University City’s core, the property sits near an area that has seen significant redevelopment in recent years, driven by expanding education, healthcare, and technology sectors.

*Article courtesy of Philadelphia Business Journal

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