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 »
Wolf Commercial Real Estate, the foremost Philly commercial real estate broker that specializes in Philly commercial real estate listings and services, is now offering highly visible Philly land for lease at 1862 East Lincoln Highway in Langhorne. This land for lease in Philly is a one-acre leveled and paved lot and there is 120 feet… Read more »
More than a year after Goldenberg Group proposed a new $150 million mixed-use development at the site of a former Philadelphia health center at Broad and Lombard streets, the sale of the property has not closed and the project’s timing remains unknown. The Blue Bell development firm announced in October 2019 its plan to build a… Read more »
PRDC Properties anticipates breaking ground this spring on 650 Fairmount, a $100 million mixed-use project that will continue to reshape a part of Philadelphia that has seen an onslaught of development activity over the last decade. When completed, the project will usher in a dramatic change to a nearly 5-acre parcel and create a new… Read more »
Pennrose Properties has dramatically revamped its plans for a highly visible site at 8th and Vine streets in Philadelphia’s Chinatown neighborhood after plans for the development of an Equal Justice Center fell through. The Philadelphia real estate company is now exploring developing an affordable senior housing project on a portion of what is now a… Read more »
