A Philadelphia developer has acquired a prime Center City site from Parkway Corp., ending Parkway’s stalled plans for a multifamily project. An entity linked to Ryan Kalili purchased the property at 14-30 S. 21st St., on the southwest corner of 21st and Ludlow streets, sources say. Kalili, co-founder of Archive Development, reportedly made the purchase… Read more »
The Philadelphia Parking Authority will demolish a five-story parking garage near Jefferson Health’s Center City campus to make way for a new eight-story garage with 6,500 square feet of ground-floor retail along Chestnut Street. Gilbane, based in Rhode Island, was selected to build the new garage at 10th and Ludlow streets. While the property is… Read more »
Pickleball courts will soon pop up at Dilworth Park. Two outdoor temporary courts will be available to rent from Sept. 7 through Oct. 21, from 10 a.m. to 7 p.m. every day, weather permitting. Courts cost $40 for an hour, and paddles are an additional $6 each, with up to six players permitted per court…. Read more »
Despite already existing congestion on Center City streets at rush hour, the Philadelphia 76ers believe the area’s transportation system doesn’t need upgrades to accommodate the franchise’s proposed arena. The $1.3 billion arena, planned to open in 2031, would be on Market Street between 10th and 11th streets at the site of the Fashion District. It would… Read more »
Parkway Corp. is proposing a 31-story luxury apartment tower at 21st and Ludlow streets, part of an area in Center City experiencing a wave of new development. Plans for the project on the Parkway-owned lot include 304 apartment units, 15,600 square feet of first-floor retail space, and an underground parking garage. The 394,230-square-foot glass tower… Read more »
Two Walnut Street properties that are essentially next door to each other on the western edge of Center City are tied up by active builders of multifamily projects. Dranoff Properties has put under agreement 2201 Walnut St., which is currently a Sunoco gas station, and Trammell Crow Co. has 2301 Walnut St., which is a… Read more »
Southern Land Co. has started construction on its new 27-story multifamily development at 1620 Sansom St. in Center City Philadelphia. The Nashville, Tennessee-based developer’s latest Philadelphia project is set to include 254 luxury rental units, including multiple penthouses with private terraces. Southern Land Co. purchased the site for the development project, which was previously home to an aging parking… Read more »
