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 »
Children’s Hospital of Philadelphia (CHOP) continues its city expansion with the acquisition of a 3.2-acre property in Grays Ferry. City records indicate CHOP paid $24.75 million for the property located at 3000 Grays Ferry Ave. The site includes a nearly 18,000-square-foot building, previously a Bottom Dollar food store, now leased by delivery company GoPuff according… Read more »
A nearly 1-acre parcel in Fishtown is now on the market for $8.5 million, offering a rare opportunity in one of Philadelphia’s bustling hubs for new construction. Located at 53-67 Laurel St., this CMX-3-zoned property sits between Frankford Avenue and Front Street. Zoning permits various commercial, residential, or mixed-use developments. Positioned adjacent to Other Half… Read more »
In recent decades, a growing number of companies have established themselves at the Navy Yard. Presently, developers aim to transform the area into a brand-new neighborhood, attracting thousands of residents and businesses. NBC10’s Tim Furlong delves into the details of this ambitious plan. *Courtesy of NBC10 Philadelphia For more information about Philadelphia land sites for… Read more »
E. Kahn Development recently acquired 15.7 acres of undeveloped land in Chester County, specifically at 1401 Phoenixville Pike in West Whiteland Township. The Malvern-based developer intends to construct approximately 150,000 square feet of industrial space on the site. The purchase price for the land was $3.1 million, and the seller was Johnson Matthey, a company… Read more »
Parkway Corp. CEO Rob Zuritsky unveiled intentions for a lavish 31-story luxury apartment tower at 21st and Ludlow streets last October, yet uncertainties around escalating construction costs and surging interest rates hindered the project’s kickoff timeline. A year later, these economic hurdles persist, prompting Zuritsky to revise Parkway’s plans for the Center City location to… Read more »
The City of Philadelphia has released three potential design concepts to cap the Vine Street Expressway as part of the second phase of the Chinatown Stitch project. The long-discussed project to better connect Chinatown’s core with the northern section of the neighborhood long severed by Vine Street and the Vine Street Expressway was originally detailed… 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 »
Two social impact-oriented developers have acquired a long-neglected site next to Amtrak’s North Philadelphia train station for $11.8 million and plan to build 2 million square feet of commercial, residential, retail and community space. Philadelphia-based Shift Capital and New York-based Essence Development, led by former Philadelphia Eagles safety Jamar Adams, partnered to buy the 5-acre… Read more »
The property formerly home to Downey’s Irish Pub and Restaurant, a landmark South Street establishment that shuttered in 2016, has been put up for sale with zoning approvals for a new mixed-use development. The Headhouse Square property, located at 526 Front St. and 105-11 South St., was listed on Tuesday without an address for an asking price… Read more »
