Market Updates

Nov. 16, 2018

Report: Center City housing boom sustainable, at least in the short run

New multifamily rental projects accounted for 68 percent of all new housing construction in Greater Center City last year, and 97 percent of all new construction in the city core. 

A continuing influx of residents, the bulk of them Millennials, has continued to fuel a housing construction boom in ...

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Nov. 22, 2014

ZBA Approves Variances for 117 Spring Garden St. Mixed-Use Project

By Gabriel Gottlieb

The Zoning Board of Adjustment approved a new apartment building at 117 Spring Garden St., a stone’s throw from Delaware Avenue and the Delaware River waterfront in Northern Liberties, in a recent hearing in December.  The developer of this building is Michael Alhaddad and the architect is ...

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Posted in Market Updates
Nov. 21, 2014

Brickstone project digs itself into a hole on Chestnut Street

We've been keeping an eye on the progress of Brickstone Realty's huge mixed-use project in the 1100 block of Chestnut, on which work is proceeding at a steady and rapid clip.

A few weeks ago, the last of the buildings that needed to be demolished for the new ...

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Nov. 17, 2014

Phabulous Philly Home of the Week: 211 S 22nd Street

Here's your opportunity to get in on the ground floor of The Walnut Estates, a spectacular new gated community at 22nd and Walnut streets, convenient to both Rittenhouse Square and University City.

Construction is set to begin in March on this home, one of five striking townhomes filled with ...

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Posted in Market Updates
Nov. 16, 2014

American Studios Project Gets Underway in Old Kensington

Ceremonial groundbreaking crew

Just up the street from the now-rising Liberty Square development in Old Kensington, another new mixed-use development that will continue the momentum in the American Street corridor formally got off the ground yesterday.

Ground was formally broken yesterday for American Studios, a new project that will combine street-level commercial space ...

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Posted in Market Updates
Nov. 15, 2014

Top Development Stories of 2014

It may be a hole in the ground now, but the Comcast Innovation and Technology Center rises head and shoulders above all other developments as the top development story of 2014.

1. Comcast Innovation and Technology Center. This story tops them all—literally: when complete, the 1,121-foot-tall, 59-story tower will ...

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Posted in Market Updates