Philadelphia
Over 400 Philadelphia Housing Authority Properties at Auction
By Veronica Grecu, Associate Editor
The Philadelphia Housing Authority (PHA) announced last week that more than 400 vacant properties throughout the city will be auctioned on November 16 starting 1 p.m. at PHA’s finance office building at 1800 S. 32d St. […]
Liberty Property Trust Brings New Marriot Hotel to Navy Yard
By Veronica Grecu, Associate Editor
The Philadelphia Inquirer reports that real estate investment trust Liberty Property Trust is close to completing the financing for a new Marriot hotel that would be located in the city’s Navy Yard complex. The announcement is […]
Philly Welcomes Teva Pharmaceuticals Facility, Home2 Suites Hotel
By Veronica Grecu, Associate Editor
Last Tuesday Teva Pharmaceuticals USA broke ground on its new warehouse and distribution center in Northeast Philadelphia. Teva officials gathered at the site at One Red Lion Road for an official opening ceremony for the $300 […]
Hotel Monaco Breaks Ground in Philly; Cooper University Hospital Opens New Condo for Employees
By Veronica Grecu, Associate Editor
The Philadelphia Inquirer reports that one of the city’s historic buildings located at Fifth and Chestnut Streets will be converted into a luxury hotel. During the groundbreaking ceremony that was held at the site last week, […]
South Philly Growth Attracts Hundreds of New Jobs
By Veronica Grecu, Associate Editor
City officials announced this week that Philly Live!—Philadelphia’s destination retail, dining and entertainment district located on the former site of the Spectrum arena—is expected to create over 500 construction jobs during the first phase of the […]
Toll Brothers Eye Neglected Society Hill Site for New Condos
By Veronica Grecu, Associate Editor
A new residential development is ready to break ground on the east end of Philadelphia’s Society Hill, between Front and Second, Pine and Lombard Streets, informs PlanPhilly.com. According to the proposal submitted by the real estate […]
Philly Is Getting Ready for New Hilton Garden Inn and Other Major Developments
By Veronica Grecu, Associate Editor
During an official event held this Tuesday Mayor Michael Nutter and city officials hinted at some major economic developments that would be announced over the next month. Though no further specific details were revealed, the Philadelphia […]
$45 million Redevelopment Project Begins at Old Recreation Center
By Veronica Grecu, Associate Editor
A complex redevelopment project estimated to cost around $45 million began this Monday when the site was cleared from trees and massive weeds at the neglected Venice Island Recreation Center located between Manayunk Canal and the […]
Historic Landmark Turns Into New Hotel; Doylestown Inn For Sale Now
By Veronica Grecu, Associate Editor
The historic Warner Theater located at 120 N. High Street in downtown West Chester is undergoing a complex renovation and is set to become the borough’s first hotel in decades, informs the Daily Local News. The construction […]
$17M Renovation for Marriott Downtown Hotel Meeting Space; Inquirer Building Sold
By Veronica Grecu, Associate Editor
In a press release issued last week, management of the Philadelphia Marriott Downtown Hotel announced the completion of a $17 million renovation project of the building’s 92,000-square-foot meeting space. The hotel features 1,408 guest rooms and […]