Philadelphia
Eagles to Spend $125 Million for Linc Revitalization
Lincoln Financial Field, the Philadelphia Eagles’ home for ten years, is on track for a two-year long revitalization process that aims to create an improved fan experience for the South Philadelphia venue, officials announced recently.
CardioNet to Relocate Headquarters to Class A Office Building in Malvern
Here North America, LLC, formerly known as NAVTEQ, a Chicago-based provider of Geograpfic Information Systems (GIS) data and electronic navigable maps, has recently closed on a sublease transaction with CardioNet.
Health Centers Industry Sees Improvement in Suburban Philadelphia
A 43-acre retirement community in Doylestown is only weeks away from embarking on an extensive $11 million renovation project, PhillyBurbs.com reports.
New Philadelphia Family Court Building Celebrates Milestone; Old Building Becomes Hotel
Philadelphia City officials and representatives of the Tishman Construction Corporation gathered last week to attend a topping off ceremony for the new Family Court building that is under development at the northwest corner of 15th and Arch streets.
Realen Properties to Continue with Phase II of Edgewater Apartments
Construction is heating up in Center City Philadelphia as real estate developer Realen Properties of Berwyn, PA, and its finance partner Northwest Mutual Life are planning to break ground on Phase II of Edgewater Apartments, an upscale multifamily complex that was partially completed in 2006 before the economic downturn.
Beneficial Bank Inks 15-Year Lease in Philly High-Rise
Beneficial Bank, the oldest bank in Philadelphia, has signed a 15-year lease at 1818 Market St., taking four floors and 95,764 square feet in the million-square-foot high-rise owned by Sovereign Capital Management Group.
Ardmore Township OKs Dranoff Properties’ $56 Million Luxury Project
The first phase of a complex revitalization effort in Ardmore is now closer to fruition as the developer, Dranoff Properties, unveiled the project’s official name: One Ardmore Place.
Fishtown Neighbors Association Approves Wynn Resorts’ $925M Casino Proposal
The Fishtown Neighbors Association on April 8 voted in favor of a casino / resort development project that was pitched by representatives of Wynn Resorts Ltd., one of the six casino operators and developers who applied for a gaming license in Philadelphia.
GlaxoSmithKline Sets Up Shop in New 208 KSF Home in Philly’s Navy Yard
A mere 18 months after Liberty Property Trust and Synterra Partners broke ground on GlaxoSmithKline’s new 208,000-square-foot office building, located in the Navy Yard Corporate Center at the Philadelphia Navy Yard, the pharmaceutical giant has settled into its new digs.
Developer Plans Mixed-Use Complex on Vacant Brownfield in South Kensington
A 2.5-acre vacant site in Philadelphia’s South Kensington that once housed the Absco Inc. steel plant could be redeveloped into an energy efficient mixed-use community. The development proposal comes from Canus Corporation, a local company that has already invested over $8 million in cleaning and decontaminating the site located at 2nd and Thompson Streets.