Lcor Inc. has proposed a seven-story apartment building with 157 units at 5th and Bainbridge streets in South Philadelphia, a by-right plan that may lead to development taking place on what is now a surface parking lot. E-Z Park, a Philadelphia parking operator, owns the site and has been trying to develop the parcel for… Read more »
The multi-billion-dollar redevelopment of a former oil refinery site in Philadelphia, a project touted as what will be one of the largest and most strategically located U.S. logistics hubs, now has a moniker that reflects the times. Developer HRP, formerly known as Hilco Redevelopment Partners, on Monday announced the 1,300-acre South Philadelphia property it acquired… Read more »
PhilaPort has put Piers 38 and 40 up for sale, having decided it no longer needs the properties to support its operations and would be better off using any proceeds from their sale toward funding future operations. The properties at 775 S. Christopher Columbus Ave. are being sold as a pair and combined total nearly… Read more »
A venture between Ensemble Real Estate Investments and Mosaic Development Partners is proposing what would be the first large-scale multifamily development for the Philadelphia Navy Yard. Called 1200 Normandy Place, the mixed-use development would have 611 apartments across two separate buildings that combined would total 704,356 square feet. Of that space, 25,755 square feet would… Read more »
Tower Investments Inc. plans to break ground this fall on what will end up being a $500 million mixed-use development on a high-profile site at Broad Street and Washington Avenue in Philadelphia. The project at 1001 S. Broad St. involves the construction of 1,100 apartments over two to three phases as well as 65,000 square… Read more »
Horizon House, a nonprofit that focuses on mental health services, has sold its former Philadelphia headquarters for $17.92 million to a developer of student housing. Landmark Properties of Athens, Georgia, bought the five-story, 79,200-square-foot building at 119 S. 31st St. and has plans to raze the structure to make way for a new development. The… Read more »
The city is again seeking developers to revitalize the former Family Court building on the Benjamin Franklin Parkway after talks with the Peebles Corp. about turning the property into an upscale hotel ended last year. The Philadelphia Industrial Development Corp. on Friday issued a request for qualifications soliciting interest in redeveloping the nearly 250,000-square-foot building… Read more »
Wolf Commercial Real Estate, the foremost Philly commercial real estate broker that specializes in Philly commercial real estate listings and services, is now offering Philly land for lease just off U.S. Route 1 on PA Route 213 in Langhorne PA. This land for lease in Philly is a paved and leveled one-acre lot with 120… Read more »
Goldenberg Group has put up for sale 727-735 Chestnut St., a five-story parking garage that is viewed as more valuable as a potential development site. The property totals 19,606 square feet and, in addition to the garage, has street-level retail space. It is bound by Chestnut, 8th and Ranstead streets, including corners at both 8th… Read more »
Philadelphia Suburban Development Corp. has put up for sale what is considered one of the largest development sites along South Broad Street. The 3.46-acre parcel at 3200 S. Broad St. sits near FDR Park, across from the Wells Fargo Center and the new Live! Casino & Hotel. It is also in proximity to the South… Read more »
