Posts Categorized: Philly Land Sites

Developer Lists Gretz Brewery Site for $6.6M

Developer Lists Gretz Brewery Site for $6.6M

A Conshohocken developer has listed the Gretz Brewery building in Olde Kensington for $6.6 million and is seeking approval for 200 apartments on the site ahead of a potential sale. The Rufo Companies, which owns the historic property at 1524-1538 Germantown Ave., originally received permits in 2019 for a redevelopment project with 220 units. They… Read more »

Drexel University Purchases 7-Eleven Site

Drexel University Purchased 7-Eleven Site

Drexel University has acquired a prominent parcel adjacent to its campus, securing the opportunity for future redevelopment. Currently occupied by a 7-Eleven convenience store, Drexel has stated the store will remain open for the foreseeable future. The university, through its subsidiary Academic Properties Inc. (API), purchased the site at 3401 Lancaster Ave., located at the… Read more »

National Investor Purchases 235-Acre Private Golf Course

A Philadelphia-area golf course has recently traded hands.

A Fort Worth, Texas-based golf course owner has made its first acquisition in the Philadelphia region, purchasing a 21-year-old private club in Chester County. Escalante Golf, which owns nearly two dozen courses across the U.S., finalized the purchase of French Creek Golf Club in Elverson this July, according to Chester County property records. The deed… Read more »

114-Unit Fishtown Apartment Building to Break Ground After Securing Financing

114-Unit Fishtown Apartment Building to Break Ground After Securing Financing

Amid a nationwide slowdown in new construction, Archive Development is moving forward with its largest project yet after securing innovative financing. The Philadelphia developer will break ground next week on a seven-story, 114-unit apartment building at 1440 N. Front St. in Fishtown, adjacent to the Market-Frankford Line. The $32 million development is funded through a… Read more »

132-Unit Mixed-Income Development Proposed Near Frankford Transportation Center

132-Unit Mixed-Income Development Proposed Near Frankford Transportation Center

A proposed mixed-income housing development, including a grocery store and community health center, is planned near the Frankford Transportation Center in Northeast Philadelphia. The Frankford Community Development Corp. aims to construct a five-story, 132-unit building at 5129-35 Frankford Ave., close to the last stop on the Market-Frankford Line. This development will feature 60 affordable housing… Read more »

Alterra IOS Acquires 5-acre Philadelphia Site for $40M project

Alterra IOS Acquires 5-acre Philadelphia Site for $40M project

A joint venture between Alterra IOS and Eco Materials purchased a 5-acre site at 6110 Passyunk Ave. in Southwest Philadelphia for $5.75 million to build a soil recycling facility. Including the purchase price, the project will cost $40 million. Construction began this month, with the facility set to operate by spring 2025. The clean wash… Read more »

Premier flex/industrial Building & land For Sale

Premier flex/industrial Building & land For Sale

Wolf Commercial Real Estate, the leading commercial real estate and advisory firm in South Jersey has been appointed the exclusive listing agent for 1636 Bridgeboro Road, Edgewater Park, NJ 08010. The Edgewater Park property is available for sale. The property holds +/- 4,000 square feet on 4 acres, that could be utilized by land and… Read more »

Biotech Campus Coming to Schuylkill Riverfront

Biotech Campus Coming to Schuylkill Riverfront

Two years ago, Philadelphia initiated a search for a partner to transform 40 acres of vacant riverfront land in Southwest Philadelphia into a modern biotechnology manufacturing campus. The Philadelphia Industrial Development Corporation (PIDC), a public-private economic development organization spearheading the initiative, is now evaluating proposals from a select group of developers. PIDC believes this project… Read more »

Real Estate Opportunities on South Broad Street

Real Estate Opportunities on South Broad Street

Friday’s sudden announcement of the University of the Arts’ closure this week has cast uncertainty over the future of its real estate holdings in and around South Broad Street. Center City stakeholders remain hopeful about the properties, with local developers and nonprofit leaders expressing optimism that the UArts buildings could be repurposed—potentially as a blend… Read more »

Waterfront and Industrial Projects Lead $1B in New Investments

Waterfront and Industrial Projects Lead $1B in New Investments

The Philadelphia Business Journal’s updated Crane Watch map provides a visual overview of development projects in the region, including those proposed, under construction, or recently completed. Over $1 billion in new investments have been announced or initiated since the last update, spanning industrial projects, recreational spaces, and numerous residential units. Despite challenges in financing, large-scale… Read more »