Philadelphia
Renovated Radisson Plaza-Warwick Hotel Philadelphia to Operate Under Radisson Blu Signature
Carlson Rezidor Hotel Group, a leading hospitality group based in Minneapolis, Minn., and Brussels, Belgium that operates more than 1,300 hotels globally, announced a $17 million renovation that will rebrand the historic Radisson Plaza – Warwick Hotel into a Radisson Blu signature hotel.
Criticized Kingsley Court Development to Kick Off in Roxborough
A 3.5-acre vacant property at 5627 Ridge Avenue in Philadelphia’s Roxborough neighborhood will be replaced with a complex of 32 twin homes, according to a post on NakedPhilly. While the project proposed by local developer Stephen Goldner has stirred much debate among neighbors who were concerned that the development would be too dense for a suburb, the former Ivy Ridge Assisted Living site has won approval from the City’s Planning Commission.
‘Philly Fringe’ Festival to Settle in New Home by Fall
A 10,000-square-foot red-brick structure at the corner of Race Street and North Columbus Boulevard is being transformed into the new home of Philadelphia Live Arts Festival and Philly Fringe, an annual festival that supports local, national and international artists of all disciplines and levels of achievement.
Chambers Closes on Two 300 KSF Suburban Philly Office Buildings
Chambers Street Properties, of Princeton, N.J., recently closed on its acquisition of 1400 Atwater Drive, a pair of five-story Class A office buildings, totaling 300,000 square feet, in Malvern, Pa.
Brandywine, Campus Crest Partner to Build $158M Student Housing in Philly
Two REITs and a real estate private equity firm are teaming up to develop a $158 million, 33-story, 850-bed student housing tower at Cira Centre South in Philadelphia’s University City section.
$160 Million Tower Adds to Student Housing Options in University City
A University of Pennsylvania-owned site located at the corner of 30th and Chestnut Streets in Philadelphia’s University City district is being developed into a 33-story student housing tower in team effort between Brandywine Realty Trust, Campus Crest Communities and Harrison Street Real Estate Capital (HSRE).
New Holiday Inn Express Opens in Bensalem; Philadelphia Area Hospitality Industry Going Strong
The new Holiday Inn Express opening points to at least four new hotels that are under development or in the early stages of design or approval in the city
Penn State Approves Multi-Million Dollar Renovation, Construction Plan for EEB Hub Complex at the Navy Yard
A $39 million renovation and construction plan for the Energy Efficient Buildings (EEB) Hub headquarters building complex at the Philadelphia Navy Yard was approved last week by Penn State’s Board of Trustees.
Bucks County Medical Building Achieves LEED Certification
The U.S. Green Building Council (USGBC) has awarded Leadership in Energy and Environmental Design (LEED) certification to a 12,000-square-foot medical office building owned by Lower Bucks Pediatrics, a family-oriented pediatric medical practice in Bucks County, Pa.
27-Story Apartment Tower Coming to University City
In fall 2013 work will start on a 27-story high-end apartment building located at the northwest corner of 36th and Market Streets in Philadelphia, replacing a parking lot owned by the University City Science Center. The project is backed by the Science Center – the first and largest urban research park in the United States – in a joint venture with Baltimore-based Wexford Equities and Southern Land Company of Franklin, TN, and stands as the first residential development in the Science Center’s 50-year history.