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 »
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 »
Jefferson Apartment Group and Haverford Properties have closed on a long-term ground lease of one of the largest parcels fronting the Delaware River as well as secured construction financing that will pave the way for the development of a mixed-use project along the waterfront. In addition to apartments, the development will have a new Sprouts… 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 »
