{"id":1004052867,"date":"2012-01-26T07:01:12","date_gmt":"2012-01-26T15:01:12","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=32837"},"modified":"2022-12-04T03:16:38","modified_gmt":"2022-12-04T11:16:38","slug":"aquinas-realty-partners-appointed-redeveloper-of-former-ywca-building","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/aquinas-realty-partners-appointed-redeveloper-of-former-ywca-building\/","title":{"rendered":"Aquinas Realty Partners Appointed Redeveloper of Former YWCA Building"},"content":{"rendered":"<p style=\"text-align: justify\">By Veronica Grecu, Associate Editor<\/p>\n<p style=\"text-align: justify\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/01\/aquinas-residential-building.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-32882\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/01\/aquinas-residential-building.jpg\" alt=\"\" width=\"300\" height=\"263\" \/><\/a>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 RDA and Aquinas representatives close the $800,000 transaction, reports the <em>Philadelphia Inquirer<\/em>.<\/p>\n<p style=\"text-align: justify\">Once Aquinas Realty Partners \u00a0takes ownership of the property, it will be demolished and replaced by a 12-story residential structure with 4,834 square feet of retail and restaurant space on the ground floor and an interior courtyard. The developer plans to create 110 luxury apartment units with bay windows and small balconies. It is estimated that the redevelopment costs would be more than $32 million.<\/p>\n<p style=\"text-align: justify\">Since the project does not include a parking garage, this space will be substituted by a lower-level storage place and two-car spots that will be shared between residents. Because of this inconvenience\u2014and given the fact that the adjacent buildings are visibly shorter than the structure proposed by Aquinas Realty Partners\u2014the development will most probably require some zoning changes.<\/p>\n<p style=\"text-align: justify\"><em>Philadelphia Business Journal<\/em> reports that Exeter Property recently purchased from Trinity Capital Advisors the six-building office complex known as the Plymouth Corporate Center at an amount yet to be disclosed. The 196,700-square-feet complex will be rebranded as Conshohocken Ridge Corporate Center and will be redeveloped into Class A office buildings.<\/p>\n<p style=\"text-align: justify\"><em>Illustration courtesy of\u00a0Aquinas Realty Partners website<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Veronica Grecu, Associate Editor<br \/>\nThe 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 [&#8230;]<\/p>\n","protected":false},"author":258,"featured_media":1004505433,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1494],"tags":[],"class_list":["post-1004052867","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-philadelphia"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Aquinas Realty Partners Appointed Redeveloper of Former YWCA Building - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/aquinas-realty-partners-appointed-redeveloper-of-former-ywca-building\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aquinas Realty Partners Appointed Redeveloper of Former YWCA Building\" \/>\n<meta property=\"og:description\" content=\"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 [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/aquinas-realty-partners-appointed-redeveloper-of-former-ywca-building\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2012-01-26T15:01:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-04T11:16:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/aquinas-residential-building.jpg?w=1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Veronica Grecu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@VeraGrecu\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/aquinas-realty-partners-appointed-redeveloper-of-former-ywca-building\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/aquinas-realty-partners-appointed-redeveloper-of-former-ywca-building\\\/\"},\"author\":{\"name\":\"Veronica Grecu\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/e8362e8641769829162f16fe58091f62\"},\"headline\":\"Aquinas Realty Partners Appointed Redeveloper of Former YWCA Building\",\"datePublished\":\"2012-01-26T15:01:12+00:00\",\"dateModified\":\"2022-12-04T11:16:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/aquinas-realty-partners-appointed-redeveloper-of-former-ywca-building\\\/\"},\"wordCount\":240,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/aquinas-realty-partners-appointed-redeveloper-of-former-ywca-building\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/aquinas-residential-building.jpg\",\"articleSection\":[\"News\",\"Philadelphia\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/aquinas-realty-partners-appointed-redeveloper-of-former-ywca-building\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/aquinas-realty-partners-appointed-redeveloper-of-former-ywca-building\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/aquinas-realty-partners-appointed-redeveloper-of-former-ywca-building\\\/\",\"name\":\"Aquinas Realty Partners Appointed Redeveloper of Former YWCA Building - 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