Archive for the ‘New construction’ Category

Real Estate Auctions Come to Philly

Friday, May 16th, 2008

Sample Home The changing real estate market is now bringing auctions to the mainstream. Historically seen as a way to quickly remove undesirable property from the inventory, Westrum is trying to change that perception, using the auction to close out a round of building at their well-selling development Hilltop at Falls Ridge.

There are three 11 homes being auctioned, split among three models. Minimum bids start between $125,000 and $250,000 with the original prices of the homes between $349,990 and $749,990. All homes have 2-3 bedrooms and 1-2 garages.

The auction will take place on Saturday, June 7th, at 1:00 PM with public open houses before then. If you or anyone you know is interested in taking part of this exciting opportunity, let us know so that we can provide you with all of the necessary registration information.

Signs of strength — Developers vote of confidence #2

Sunday, March 23rd, 2008

Center City Philly Hotel Yet another sign of the strength of Philadelphia and Philadelphia real estate. Developers just announced they will be creating a neighborhood changing boutique hotel smack in the middle of Center City at 12th and Chestnut. No doubt this will become the anchor that attracts high end retail, restaurants, and apartment developments. Expect neighboring property values to rise and look forward to a hipper future for Philly! Get the full scoop at The Illdelph.

Signs of strength — Developers vote of confidence #1

Friday, March 21st, 2008

American Commerce CenterI would like to introduce you to the American Commerce Center, the building that will mark the beginning of a new stage in Philadelphia’s real estate development.  At over 1500 feet, this building at 18th and Arch will be one of the largest buildings in the world, dramatically change Philly’s skyline, and will attract thousands of high-paying jobs the city needs.

I’ll let you read the full details at Philly Sky Line, but let me just say this will be a big boost to the local economy and is a strong sign of the long term value of Philadelphia Real Estate.

The Residences at Two Liberty Place - The new view in Philly

Friday, March 9th, 2007

Though Inga Saffron may have been skeptical a year ago when the project was announced, the recent unveiling of The Residences at Two Liberty Place did a fine job at showing that good design can overcome the difficulties of converting an office building into spectacular residences.

With residences starting at the 42nd floor, the lowest of these condominiums is higher up than any other penthouse in the city.  Simply put, the views will take your breath away.

The interior of the units are just as spectacular.  The kitchens feature Snaidero cabinets and Miele and Sub-Zero appliances.  Spacious living spaces are ornamented with beautiful finishes.

The 37th floor of the building  features a private owner’s club with lounge, theatre, fitness center, yoga room, pool, and a private owner’s dining room in the new signature restaurant.  Residents will have access to white glove concierge and porter services included river-to-river chauffeured town car service.

With introductory prices from $650-$750/sq.ft. and settlement occurring withing 4-6 months, this is truly an opportunity to acquire one of the most sophisticated living spaces in Philly without the wait and uncertainty of new construction.

South Bridge - a breath of fresh air (literally) at 700 Schuylkill Ave

Friday, August 11th, 2006

If you ever find yourself around the South Street Bridge, you’ve no doubt been staring at the blight of a building that used to house some of the administration for the Philadelphia School District. However, thanks to Switzenbaum and Associates (along with Venturi, Scott Brown and Associates), this perpetual eye-sore is being turned into one of Philly’s most exiting renovations.

Aptly named South Bridge, the building is exhibiting some of the most forward thinking and green architecture that Philadelphia has yet to see. Just some of the amenities:

  • 1-car parking included with every unit and you park on your floor
  • A “green” roof garden available to everyone in the building
  • 24-hour concierge with refrigerator and freezer for your grocery deliveries
  • Olympic length swimming pool and 4,000 sq. ft. exercise room

The units themselves are going to have custom teak flooring made from a renewable teak plantation. Every unit has a laundry room and many have separate storage rooms. The ceilings are approx. 11 ft throughout, with floor to ceiling windows. The kitchens and bathrooms will be incredibly high end, on par with projects in the $600+/sq.ft. range.

So what is so interesting about this project? Priced at $400/sq.ft. (including that parking space), you get more for your money here than any other new construction project around. Delivery is aimed for fourth quarter of 2007.

Please, e-mail us with any questions that you might have.