Bart Blatstein’s Tower Investments has acquired Piers 38 and 40 along the Delaware River along with the land in between the two structures for $18 million. The properties at 775 S. Christopher Columbus Ave. include two buildings on Piers 38 and 40 that each total 180,200 square feet and a 120,000-square-foot surface lot on Pier… Read more »
A development team for 109 acres at the Philadelphia Navy Yard has fine tuned its initial plan for the site that involves $6 billion in new investment over the next two decades. The build out is expected to result in 12,000 new jobs at the South Philadelphia property and continue its transformation. The plan calls… 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 »
Philadelphia Suburban Development Corp. has put up for sale 700 Packer Ave., a 13-acre parcel in South Philadelphia it had floated as an alternative location for the 76ers when the team was in search of a new arena. While the basketball team didn’t go to the property, referred to as Stadium Square, it has remained a potential… Read more »
