Philadelphia
Vacant Warehouse in South Kensington to Become Mixed-Use Building
A Philadelphia-based real estate company has plans to transform the former truck repair facility at 1601-23 N. Front Street into a more entertainment-oriented space.
Planning Commission Approves Redesigned Renaissance Plaza Project
The Philadelphia City Planning Commission (PCPC) green lighted Waterfront Renaissance Associates’ massive, $660 million development project that will be built on a currently vacant, 5.3-acre site on the Delaware River waterfront, at the corner of Callowhill Street and Columbus Boulevard.
Penn Announces New College House at Hill Field
The University of Pennsylvania recently announced it will build a new college house at Hill Field as part of PennConnects, a residential program that started back in 1998 and already includes 11 student residences within the larger campus area.
Dermody Property to Create Industrial Park in Central Pennsylvania; Chesterbrook Shopping Center Sold for $8.9 Million
Industrial development company Dermody Partners of Reno, NV, and its financial partner PCCP recently acquired a 107-acre parcel in Central Pennsylvania, from Texas-based builder Trammel Crow Co.
Historic Buildings to Become Mixed-Use Community in Old City
Behind the $20 million project is Alterra Property Group, a locally-based real estate investment, development and management company who has built and/or redeveloped hundreds of housing units in Philadelphia’s historic district.
Green Housing Development Breaks Ground in South Philadelphia
Philadelphia’s commitment to green building and design was highlighted once again last week at an official ceremony that marked the ground breaking of a new, energy efficient residential community.
Chariot Unveils $1B Revitalization Plan for Philadelphia
The local developer is eyeing a technology-centered business hub and a 1,050-unit residential community.
Temple University Switches to Clean Energy
By the end of December one of the buildings located on Temple University’s Main Campus in Philadelphia will be equipped with a 63 kilowatt rooftop photovoltaic system.
Urban Outfitters Receives 10-Year Tax Break for $200 Million Investment in Pennsylvania
Urban Outfitters (URBN Inc.), a global retailer of clothing and decor that was founded in University City in 1970, is planning an unprecedented expansion of two of its production centers in the Philadelphia area. The $200 million investment announced recently by the company will result in a larger headquarters at Urban’s existing facility at the Philadelphia Navy Yard and a new, direct-to-customer fulfillment center in Gap, Lancaster County.
Walmart to Open 1.2 Million Sq. Ft. Fulfillment Center in Bethlehem, Add 350 New Jobs
Liberty Property Trust, one of the biggest commercial landlords which owns and manages more than 15.1 million square feet of space in the Lehigh Valley area, announced a record 1.2 million-square-foot lease in the Lehigh Valley Industrial Park VII in Bethlehem