Philadelphia
Light of Hope for Philadelphia Multifamily Developments; RDA Approves New Commercial Projects
By Veronica Grecu, Associate Editor
Recent data from IHS Global Insight released last week show a 14.6 percent increase of multifamily housing developments in June as compared to May figures, reports the Philadelphia Inquirer. New apartment and condo developments rose 30.4 […]
New Philadelphia Retail Stores; Multifamily Developments to Break Ground throughout the State
By Veronica Grecu, Associate Editor
King of Prussia Mall, the nation’s largest retail center, will be expanded and redeveloped to make way for new stores. City officials, quoted by the Philadelphia Inquirer, announced last week that the John Wanamaker department store […]
Philly Welcomes Fresh Giant Food Store, Rehabbed Senior Complex
By Veronica Grecu, Associate Editor
With 47 new locations already opened in Southeastern Pennsylvania over the last few years, Giant Food will finally set foot in Philadelphia. The new 74,000-square-foot store is scheduled to open on July 20 in a former […]
Web-Design Company Aims for Platinum LEED
By Veronica Grecu, Associate Editor
Two dilapidated properties in Fishtown are being renovated to qualify for a LEED platinum certification, the highest U.S. Green Building ranking. The buildings located at 204 and 206 E. Girard Ave. were purchased for only $349,000 […]
Mary Howard Health Center Expansion Completed, Newton Athletic Club Follows
By Veronica Grecu, Associate Editor
Last week the Newton Athletic Club broke ground on a $12 million expansion project. According to the plans, the size of the 6,000-square-foot fitness center will double, and new sports facilities will be added to the […]
Major Redevelopment Plan for Chocolate Factory
By Veronica Grecu, Associate Editor
The Hershey School, a Pennsylvania charity founded by Milton S. Hershey and his wife, Catherine, plans to acquire the world’s largest chocolate factory and convert the site into a vibrant residential development. According to The Philadelphia […]
Green Developments and Urban Gardens Boom in Philadelphia
By Veronica Grecu, Associate Editor
During a tree planting event that was held last week at Philadelphia’s Navy Yard Corporate Center, GlaxoSmithKline and Liberty Property Trust/Synterra Partners inaugurated a new 205,000-sq.-ft., environmentally friendly building.
As reported by Citybizlist.com, Deirdre Connelly, president of […]
Philadelphia Real Estate ‘LEEDs’ the Way in Green
By Veronica Grecu, Associate Editor
Finding the right bit of real estate seems to be the perfect recipe for successful shops located in Downtown Philadelphia. A 10,000-sq.-ft. building at 1923 Chestnut Street purchased five years ago by Breakaway Bikes and Training […]
Philly is Redevelopment Heaven
By Veronica Grecu, Associate Editor
After several years of renovation and $150 million, the redevelopment of the former Echelon Mall in Voorhees is almost complete. The site, now known as Voorhees Town Center, was bought by Pennsylvania Real Estate Investment Trust […]
Sluggish Housing Market Encourages Condo Sales
By Veronica Grecu, Associate Editor
A report issued by The Long & Foster Market Minute reveals that the Philadelphia area real estate market reflects mixed trends in April 2011 as compared to the same month last year. The analysis shows mixed […]