Philadelphia
HOW Properties Working on New Student Housing Complex in West Philly
A local real estate management company is building a new student housing facility on Woodland Avenue in the west section of Philadelphia.
Rittenhouse Realty Advisors Sells Wyndmoor Gardens Apartment Asset for $7.1 Million
A residential complex in Chestnut Hill, one of the most beautiful neighborhoods of Philadelphia, recently changed ownership in a $7.1 million transaction.
110 Luxury Apartments Under Construction at 2021 Chestnut Street
By Veronica Grecu, Associate Editor The wave of residential projects that hit the vibrant Center City neighborhood of Philadelphia continues with yet another upscale development at 2021 Chestnut Street near Rittenhouse Square. In less than one week Aquinas Realty Partners is set to officially break ground on AQ Rittenhouse, a high-rise luxury apartment building designed […]
Philadelphia Advances Strategic Plan to Create 1,500 New Low-Income Apartments
A new housing plan that is expected to create more affordable units in gentrifying neighborhoods throughout Philadelphia was announced recently by the City Council.
Scannapieco Reveals Plans for $150 Million Ultra-Luxury Residential Tower in Old City
Plans for an ultra-luxury residential tower in Philadelphia’s historic Old City neighborhood were announced this week by Scannapieco Development Corporation, the developer behind the highly successful condos at 1706 Rittenhouse Square in Center City.
Penn’s South Bank Master Plan To Include 200,000 Sq. Ft. Innovation Center
The University of Pennsylvania (Penn) revealed plans for a research park anchored by a new innovation center that will be built on the former DuPont Marchall Research Laboratories site, a large industrial property along the Schuylkill River that will house the planned South bank campus.
New Owners Announce Luxury Apartments for Avenue of the Arts Building
MRP Residential, a division of MRP Realty of Washington, D.C., and Des Moines-based Principal Real Estate Investors recently acquired the full, 209,000-square-foot residential component of the Avenue of the Arts Building in Center City Philadelphia, with plans to redevelop the asset into high-end apartments.
KBS Buys 200 KSF Office Building in Suburban Philadelphia for $63M
KBS Capital Advisors acquired the 205,400-square-foot 1000 Continental Drive in suburban Philadelphia property from private equity real estate fund manager Equus Capital Partners for $63 million.
Mormon Church Reveals Plans for Apartment Tower, Meeting House in Center City
With construction at a new temple in Center City Philadelphia advancing according to plans, Mormon Church officials recently revealed renderings of another development that will be located just one block from the future temple, on an existing surface parking lot immediately north of Vine Street and 16th Street.
Apartments and Boutique Hotel Coming to Queen Village
An entire that comprises 13 buildings spanning from the corner of 5thand Bainbridge to Kater Street in the neighborhood of Queen Village immediately south of Center City will soon be replaced by an interesting mix of apartment buildings and an upscale boutique hotel.