Philadelphia
Hersha Hospitality Trust Buys Rittenhouse Hotel in Philadelphia for $42M
By Veronica Grecu, Associate Editor
Philadelphia’s famous Rittenhouse Hotel, one of the finest hotels globally according to a Travel + Leisure 2011 ranking, and the 10th Business Hotel in the World, is no longer a part of the Rittenhouse Development Corp. portfolio.
Hersha Hospitality […]
Philadelphia Promotes Sustainable Energy Through New Biogas Facility and Website
By Veronica Grecu, Associate Editor
Following a $47.5 million agreement between Framingham, MA-based Ameresco and the Philadelphia Water Department (PWD), a new biogas-to-energy facility will be designed, built and maintained at the Northeast Water Pollution Control Plant (NEWPCP) located at 3895-3899 […]
Mysterious Buyer Could Save Divine Lorraine Hotel
By Veronica Grecu, Associate Editor
Almost one week after Mayor Michael Nutter assured the Greater Philadelphia Chamber of Commerce that the city will actively pursue redevelopment alternatives for the dilapidated Divine Lorraine Hotel, the property’s owners announced that a sale is […]
Drexel University to Break Ground on New Student Housing Development
By Veronica Grecu, Associate Editor
On February 21 Drexel University and Texas-based American Campus Communities (ACC) will break ground on a 361,200-square-foot mixed use complex that will serve as a vibrant gateway for Drexel University and University City. Scheduled for completion […]
A $50 Million Make Over for Dilworth Plaza
By Veronica Grecu, Associate Editor
City officials gathered earlier this week to celebrate the start of renovations at Dilworth Plaza, now known as the hot spot of the Occupy Philadelphia movement. Located on the west side of City Hall, Dilworth Plaza’s […]
Aquinas Realty Partners Appointed Redeveloper of Former YWCA Building
By Veronica Grecu, Associate Editor
The Philadelphia Redevelopment Authority (RDA) has selected Aquinas Realty Partners as redeveloper of the former YWCA building located within the Center City Redevelopment Area, at 2017-23 Chestnut Street. It is only a matter of time until […]
New Headquarters for Endo Pharmaceuticals in Malvern
By Veronica Grecu, Associate Editor
Chadds Ford-based Endo Pharmaceuticals will relocate to a new headquarters building in Chester County. Designed by L2 Partridge, the 320,000-square-foot facility will be developed by Trammel Crow Co. for IMC Construction on Route 29 in Malvern, […]
Carpenter Square Mixed-Use Project Gets the Green Light, Roxborough Project Still Pending Approval
By Veronica Grecu, Associate Editor
The Philadelphia Redevelopment Authority (PRA) selected an affiliate of the Goldenberg Group to build a $6.38 million mixed-use complex on a vacant property located at 1001-1035 S. 17th Street. Once the City Council approves the design […]
New Headquarters for Philadelphia Media Network
By Veronica Grecu, Associate Editor
The owner and publisher of Philly.com, The Philadelphia Inquirer and Daily News has leased 125,000 square feet of office space at 801 Market Street, in a vibrant spot in Center City Philadelphia that provides workers, shoppers […]
Onion Flats to Develop Net Zero Energy Mixed-Use Community in East Falls
By Veronica Grecu, Associate Editor
Local developer Onion Flats was chosen by the Philadelphia Redevelopment Authority (PRA) to build a 128,444-square-foot mixed-use complex in East Falls. “The Ridge” is projected to be the first Passive House Certified and Net-Zero-Energy mixed-use community […]