A bold $60 million proposal aims to construct a two-deck structure featuring a public pool, beach, and entertainment venue on the western bank of the Schuylkill River near 30th Street Station. Dubbed the West Philadelphia Waterfront project, it serves as a link between Center City and the rapidly growing University City area, which is experiencing… Read more »
Posts Categorized: Philly Land Sites
CHOP Expands Footprint with $24.75M Philadelphia Site Acquisition
Children’s Hospital of Philadelphia (CHOP) continues its city expansion with the acquisition of a 3.2-acre property in Grays Ferry. City records indicate CHOP paid $24.75 million for the property located at 3000 Grays Ferry Ave. The site includes a nearly 18,000-square-foot building, previously a Bottom Dollar food store, now leased by delivery company GoPuff according… Read more »
Prime Fishtown Parcel for Sale at $8.5M
A nearly 1-acre parcel in Fishtown is now on the market for $8.5 million, offering a rare opportunity in one of Philadelphia’s bustling hubs for new construction. Located at 53-67 Laurel St., this CMX-3-zoned property sits between Frankford Avenue and Front Street. Zoning permits various commercial, residential, or mixed-use developments. Positioned adjacent to Other Half… Read more »
Comcast Spectacor’s Plan Aims to Revamp South Philadelphia Sports Complex by 2028
Comcast Spectacor has revealed its ambitious vision for the South Philadelphia Sports Complex, starting with a $2.5 billion plan set to transform the area by 2028. The initial phase involves a $12 million renovation to Xfinity Live!, the construction of a 5,500-seat concert venue, a 250-key hotel, and various dining and retail establishments. The proposed… Read more »
Former Entertainment Club Property for $7.1M by the City of Philadelphia
The City of Philadelphia acquires the former strip club property at 3001 Castor Ave. in Port Richmond for $7.1 million, as indicated by public records. Situated in an industrial area along the Delaware River, between I-95 and the Port of Philadelphia’s Tioga Marine Terminal, the 3.2-acre lot previously housed The Penthouse Club. The sale reflects… Read more »
Comcast Spectacor Unveils Extensive Mixed-Use Development for South Philly Sports Complex
Comcast Spectacor unveils plans for a substantial mixed-use development at the South Philadelphia Sports Complex, aiming to optimize underutilized land. Amid potential changes at the Wells Fargo Center, the proposal includes 500,000 sq ft of offices, 460,000 sq ft of retail, a 5,500-seat concert venue, 2,000 residential units, 500 hotel rooms, and 10,000 parking spaces,… Read more »
Developers Suggest a Multibillion-Dollar Plan for a New Neighborhood at the Navy Yard in Philly
In recent decades, a growing number of companies have established themselves at the Navy Yard. Presently, developers aim to transform the area into a brand-new neighborhood, attracting thousands of residents and businesses. NBC10’s Tim Furlong delves into the details of this ambitious plan *Courtesy of NBC10 Philadelphia For more information about Philadelphia land sites for… Read more »
Developer Buys 16 Acres in Chester County
E. Kahn Development recently acquired 15.7 acres of undeveloped land in Chester County, specifically at 1401 Phoenixville Pike in West Whiteland Township. The Malvern-based developer intends to construct approximately 150,000 square feet of industrial space on the site. The purchase price for the land was $3.1 million, and the seller was Johnson Matthey, a company… Read more »
Parkway Halts One Project and Reevaluates Another Due to Surging Interest Rates Impacting Developer Plans
Parkway Corp. CEO Rob Zuritsky unveiled intentions for a lavish 31-story luxury apartment tower at 21st and Ludlow streets last October, yet uncertainties around escalating construction costs and surging interest rates hindered the project’s kickoff timeline. A year later, these economic hurdles persist, prompting Zuritsky to revise Parkway’s plans for the Center City location to… Read more »
City Unveils Three Options for Chinatown Project
The City of Philadelphia has released three potential design concepts to cap the Vine Street Expressway as part of the second phase of the Chinatown Stitch project. The long-discussed project to better connect Chinatown’s core with the northern section of the neighborhood long severed by Vine Street and the Vine Street Expressway was originally detailed… Read more »