A $69 million apartment development could bring 129 new residential units to a largely vacant North Philadelphia property. The Philadelphia Housing Authority is partnering with Jonathan Rose Companies on the project at 1915 North 11th Street. The 1.4-acre site borders Temple University’s campus and sits near the Temple University Regional Rail station. Consequently, the location… Read more »
A long-vacant former Rite Aid site in Philadelphia could become a new residential development. Patriot Development Associates LP plans to construct a 118-unit apartment building at 2301 Walnut Street. The property sits at 23rd and Walnut streets and currently includes the former pharmacy building. Patriot Development Associates is affiliated with Philadelphia-based parking lot operator Patriot… Read more »
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 »
A surface lot planned for the development of a seven-story, 144-unit apartment building in Philadelphia’s Callowhill neighborhood has been acquired for $7.9 million. An affiliate of Patriot Parking Inc. recently sold the 0.46-acre parcel at 1201-15 Callowhill St. to an undisclosed buyer. The property is on the northwest corner of North 12th and Callowhill streets,… Read more »
