Philadelphia Suburban Development Corp. has put up for sale what is considered one of the largest development sites along South Broad Street. The 3.46-acre parcel at 3200 S. Broad St. sits near FDR Park, across from the Wells Fargo Center and the new Live! Casino & Hotel. It is also in proximity to the South… Read more »

More than a year after Goldenberg Group proposed a new $150 million mixed-use development at the site of a former Philadelphia health center at Broad and Lombard streets, the sale of the property has not closed and the project’s timing remains unknown. The Blue Bell development firm announced in October 2019 its plan to build a… Read more »

PRDC Properties anticipates breaking ground this spring on 650 Fairmount, a $100 million mixed-use project that will continue to reshape a part of Philadelphia that has seen an onslaught of development activity over the last decade. When completed, the project will usher in a dramatic change to a nearly 5-acre parcel and create a new… Read more »

Pennrose Properties has dramatically revamped its plans for a highly visible site at 8th and Vine streets in Philadelphia’s Chinatown neighborhood after plans for the development of an Equal Justice Center fell through. The Philadelphia real estate company is now exploring developing an affordable senior housing project on a portion of what is now a… Read more »

Southern Land Co. has closed on buying 1620 Sansom St. in the Rittenhouse Square neighborhood of Philadelphia for $24.5 million, clearing the way for the real estate company’s next project. An entity affiliated with Bridge Funding of New York and Ravi Chawla, a Philadelphia real estate investor, sold the property that runs from 1608-1634 Sansom St…. Read more »

Baldor Specialty Foods, a New York-based wholesale distributor of meat, poultry, produce and other comestibles, bought 13 acres in Northeast Philadelphia and will invest $40 million to develop a new cold storage facility. The development is part of the Bronx company’s expansion into Philadelphia and will use the location to grow its business within a… Read more »