Comcast Spectacor unveils plans for a substantial mixed-use development at the South Philadelphia Sports Complex, aiming to optimize underutilized land. Amid potential changes at the Wells Fargo Center, the proposal includes 500,000 sq ft of offices, 460,000 sq ft of retail, a 5,500-seat concert venue, 2,000 residential units, 500 hotel rooms, and 10,000 parking spaces,… 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 »
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 »
