Archive for the ‘Philadelphia real estate’ Category

Lunchtime Quick Hits

Thursday, July 31st, 2014

Four Elfreth’s Alley homes for sale at the same time? That’s a rare development. What they look like on the inside is an even bigger surprise; While it waits for its second office tower to be finished, Comcast hunts for more Center City office space; Donald Trump couldn’t make the owner of this Atlantic City rooming house budge, but age did, and now her old home is for sale – at a steep discount; and after what seems to be an eternity, the end for the Queen Lane Apartments may finally be in sight:

Four separate historic homes for sale on America’s oldest street (Zillow Blog via Yahoo! Homes)
Exclusive: Comcast scouring Center City office market for more space (Philadelphia Business Journal)
Homeowner who fought off Trump is moving on (MyFoxPhilly.com)
Crews clearing way for impending Queen Lane Apartments implosion (Plan Philly)

New rental townhomes nearly ready in Old City

Thursday, July 31st, 2014

7-13 Bank St, view from Market St

While it too cooled down a bit in the previous quarter, the rental housing market in Center City and adjacent areas has also been hot lately. One of the more noteworthy developments is the rapid growth in the supply of new construction homes for rent in some desirable neighborhoods.

The company managing most of these new rental properties is Premier Access Property Management. That firm has been on a tear in Northern Liberties of late with the Pressman Commons,Twenty at North Third and Townhomes at the Rye projects all recently completed or nearing completion now.

But, as with any good developer and property manager, Premier is seeking opportunity wherever it pops up. One of those places is on Bank Street in Old City. (more…)

The lay of the land (and buildings) at 8 on Race

Wednesday, July 30th, 2014
What the corner of 21st and Race streets looked like in mid-June

What the corner of 21st and Race streets looked like in mid-June

Last month, we gave you a progress report on an eight-unit townhome development called 8 on Race, at 21st and Race streets in Logan Square.

When we visited the site, four of the eight units had reached the finished shell stage, and work on the remaining four had yet to begin.

We now have architects’ renderings and floor plans of the JKR Partners-designed project and offer them to you here. (more…)

The Gallery to get extreme makeover into “accessible luxury” mall

Wednesday, July 30th, 2014
The Gallery interior

Philadelphia’s Gallery mall will become an “accessible luxury” shopping destination, according to an announcement from PREIT that the Macerich Co. was acquiring a half-interest in the downtown shopping center.

Shortly after the Pennsylvania Real Estate Investment Trust (PREIT) announced it has acquired full control of The Gallery mall, there was much speculation but little in the way of details about the transformation it said it would put in place.

Those details were made public today. (more…)

Ground being prepped for planting new crop in Spring Garden

Wednesday, July 30th, 2014

1713-27 North St, viewed from Melon St

After we spotted the work in progress on a patch of five new townhomes at 16th and Melon streets in Spring Garden, which we reported on yesterday, we continued our stroll down the formerly gated street into the 1700 block, where we ran across construction equipment on a large plot of land at the end of the block. (more…)

Homes growing at 16th and Melon streets

Monday, July 28th, 2014

636-44 N 16th St, soon to be 1601-09 Melon St

A recent swing through the Spring Garden section of the city revealed a new patch of townhomes being planted on Melon Street at 16th.

The five four-story townhomes under construction in these photos are designed by Cope Lindner Architects.

The homes will be fully sprinklered, according to permit information on file with Licenses and Inspections. (more…)

Lunchtime Quick Hits

Monday, July 28th, 2014

The big real estate search engine deal everyone’s been talking about is official; the Inquirer’s real estate writer takes another stroll through the Land of the Undead; Contrary to common assumptions, John Longacre, head of the local bar owners’ trade group, doesn’t want to squash the pop-up beer gardens – he wants everyone, bar owner and nonprofit alike, to be able to get in on the act; and at least one native Philadelphia misses the gritty, grimy, decaying city of her youth:

Zillow to buy Trulia for $3.5B (Philadelphia Business Journal)
On the House: Tracking zombie houses (The Philadelphia Inquirer|Philly.com)
How the Pop-Ups can actually prop up their neighbors (Plan Philly)
Growing Up in Philadelphia: The Lost City (Philadelphia)

French expat expands colony in Wash West

Monday, July 28th, 2014

Petit Roti window sign

The area around the intersection of 16th and Sansom streets, anchored by the Sofitel hotel, may be the city’s official “French Quarter” – or at least so the street signs say – but a case could be made that there are other quarters in this city that are even more French than that.

One is the northwest corner of 9th and Federal streets, where Rim Café has been offering a taste of the Riviera to delighted fans and customers for nearly a decade.

Another is now expanding on the southern half of the 200 block of South 11th Street in Washington Square West’s Midtown Village-Gayborhood section. (more…)

Cella Luxuria goes to work on its new addition

Monday, July 28th, 2014

photo 1 (3)

In the spring, we reported that Cella Luxuria, the “metropolitan, modern, mindful” furniture retailer at 1214 Chestnut Street in Washington Square West’s Midtown Village-Gayborhood section, was giving itself a birthday present in the form of an expanded retail store.

We were on the 1200 block of Chestnut recently and noticed that work on the expanded space had gotten under way. (more…)

Phabulous Philly Home of the Week, II: 123 Church St.

Sunday, July 27th, 2014

Now that we have the latest renderings for this spectacular new home from the architect, we’d like to reintroduce you to this new construction home in Old City.

Living Room

Our second featured home of the week is a real stunner – a large, luxurious, elegant and stylish modern townhome in the neighborhood where Philadelphia was born.

This Old City home really does merit the phrase “it has to be seen to be believed.” But right now, the only place where you can see it is online, for it’s under construction, with completion scheduled for the end of the  year. (more…)

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