Posts Tagged: Development

Philadelphia Youth Basketball Plans $50M Workforce Center

Philadelphia Youth Basketball Plans $50M Workforce Center

Philadelphia Youth Basketball is planning a $50 million workforce development center at its growing North Philadelphia campus. The nonprofit plans to build the 40,000-square-foot facility in the Nicetown neighborhood. The new center will rise next to the organization’s 100,000-square-foot Alan Horwitz “Sixth Man” Center. That facility opened at 4250 Wissahickon Avenue in 2024. Philadelphia Youth… Read more »

North Broad Street Development Site Hits Market With 688,000 SF Potential

A prime redevelopment opportunity has come to market along Philadelphia’s North Broad Street corridor. The 3-acre property at 2509 North Broad Street is listed for $13.5 million. The site offers developers significant flexibility for future mixed-use development. Over the past two decades, owner Victor Gur assembled the property by acquiring 11 separate parcels. During that… Read more »

Elwyn Taps Developer for $100M Campus Plan

Elwyn Taps Developer for $100M Campus Plan

Delaware County behavioral health nonprofit Elwyn plans to build a $45 million school as part of a $100 million redevelopment of its 260-acre Media campus. The project, expected to span a decade, includes demolition and new construction, though timelines and additional details have not been disclosed. Elwyn CEO Charles McLister stated that planning began last… Read more »

Delaware River Pier For Sale with Development Potential

Delaware River Pier For Sale with Development Potential

A Delaware River pier with 33 boat slips is for sale, providing buyers with built-in income and opportunities for waterfront development. “There’s potential to build over the water and explore creative options,” said Ken Wellar of Global Real Estate Advisors, who holds the listing. The Pier 5 marina at 7 N. Christopher Columbus Blvd. is… Read more »

Lender Takes Over Boston Market Owner’s Bensalem Site

Lender Takes Over Boston Market Owner's Bensalem Site

A prominent Bucks County development site, once planned for a large mixed-use project, is returning to the lender after receiving no bids at a sheriff’s sale. The 35-acre property at 2201 Street Road in Bensalem was owned by a company controlled by Jignesh “Jay” Pandya, owner of the Boston Market restaurant chain. Located between Hulmeville… Read more »

169-Unit Development to Form ‘A New Neighborhood’ Between City Avenue and the Schuylkill River

169-unit project will create 'a whole neighborhood' between City Avenue and the Schuylkill River

A major residential development is underway in West Philadelphia, bringing 169 units to Wynnefield Heights. Known as Wynnefield Heights Square, the project at 4050 Conshohocken Ave. began pre-sales last week, offering 142 condos starting at $289,000 and 27 townhomes starting at $499,000. Noah Ostroff, founder of the PhillyLiving real estate team and partner at Keller… Read more »

Developers Prep as 1,700 Apartments Planned for City Ave

City Avenue set to transform with 1,700 new apartments on the way

With more than 1,700 residential units and an influx of commercial development planned along City Avenue, developers and business leaders are aiming for the Northwest Philadelphia corridor to transform from an auto-centric thoroughfare into a regional hub. Marked by major development projects mixing residential, retail, office, hospitality and public space, City Avenue is primed for… Read more »

Development Site at Broad and Spring Hits the Market

Philly 'Premier' development site at Broad and Spring Garden hits the market

A prime development site is hitting the market at Broad and Spring Garden streets, a corridor that has experienced a flood of new projects over the last several years. EB Realty Management Corp. is putting two properties spanning 523-525 N. Broad St. up for sale. The listing comprises a 0.55-acre surface lot in a CMX-4… Read more »

Mixed-Use Development Proposed in Manayunk

Manayunk Philadelphia 3 Building Development

A three-building, 120-unit development is being proposed on the banks of the Schuylkill River in Manayunk. The mixed-use project is planned for 3900 Main St., just outside of the stretch of shops and restaurants that make up the heart of Manayunk’s commercial corridor. The entire project would total close to 150,00 square feet, including nearly… Read more »

Largest Philly Development Project Breaking Ground

Largest Philly Development breaking ground

One of Philly’s largest development projects is on the cusp of breaking ground. What’s happening: Hilco Redevelopment Partners (HRP) will begin the initial phase of its multibillion-dollar project in South Philly, dubbed the Bellwether District, in the coming months. The site spans 1,300 acres along the Schuylkill River and is slated to take 10-15 years to complete. Why… Read more »