A venture between Ensemble Real Estate Investments and Mosaic Development Partners is proposing what would be the first large-scale multifamily development for the Philadelphia Navy Yard. Called 1200 Normandy Place, the mixed-use development would have 611 apartments across two separate buildings that combined would total 704,356 square feet. Of that space, 25,755 square feet would… Read more »
Tower Investments Inc. plans to break ground this fall on what will end up being a $500 million mixed-use development on a high-profile site at Broad Street and Washington Avenue in Philadelphia. The project at 1001 S. Broad St. involves the construction of 1,100 apartments over two to three phases as well as 65,000 square… Read more »
Horizon House, a nonprofit that focuses on mental health services, has sold its former Philadelphia headquarters for $17.92 million to a developer of student housing. Landmark Properties of Athens, Georgia, bought the five-story, 79,200-square-foot building at 119 S. 31st St. and has plans to raze the structure to make way for a new development. The… Read more »
The city is again seeking developers to revitalize the former Family Court building on the Benjamin Franklin Parkway after talks with the Peebles Corp. about turning the property into an upscale hotel ended last year. The Philadelphia Industrial Development Corp. on Friday issued a request for qualifications soliciting interest in redeveloping the nearly 250,000-square-foot building… Read more »
