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Browse the latest project stories, neighborhood activity, and archived reporting from Rising Real Estate.
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We’ve mentioned in the past that it feels like Philadelphia’s diners are slowly disappearing. Most famously, back in 2017, Little Pete’s diner in Rittenhouse closed to make way for a 13-story hotel. We also recently told you about plans to replace the Broad Street Diner with a 29-unit, mixed-use building. Today, we have news about
The amount of development happening in Northern Liberties is astounding. There are currently thousands of residential units under construction and in the pipeline. It seems like every part of the neighborhood has a major project underway. The two sections of Northern Liberties that are seeing the most development currently are around 2nd Street and Germantown
You may remember plans being released in 2019 for Liberty on the River – a multi-stage, six-building project with a total of 2,002 residential units, a 208 room hotel, 43,000 square feet of retail, and 1,378 parking spaces at 1341 South Christopher Columbus Boulevard. This 3 million square foot development plan never moved forward and
We’ve been following the game changing project at 2nd and Spring Garden Street since back in May of 2021 when it was originally presented to the neighborhood and have been providing construction updates here on the blog, on Instagram, and on Twitter ever since. As a quick reminder, 200 Spring Garden Street, which is being
If you’ve lived around Fishtown or East Kensington for the last several years, you’ve definitely witnessed the evolution of Frankford Avenue. The energy of the commercial corridor has spread from its epicenter surrounding Girard Avenue northward past York Street. As more people have moved into this area, commercial operators have taken notice and opened up
The 1800 block of Ludlow Street in Center City – just west of 18th Street – is nothing to write home about. It’s definitely not one of those small, charming Philadelphia streets. Instead, it’s made up of a small surface parking lot, a bunch of blank walls, and some lowrise brick buildings. Around 4 years
West Philadelphia from the Schuylkill River to 44th Street along Chestnut Street and Market Street has seen a massive wave of development over the last decade. We’ve told you about several dense multifamily and mixed-use projects along this stretch that have been recently completed, are under construction, and that are in the planning phases. We’ve
At the end of last year, beer drinkers in the Fishtown and Olde Richmond neighborhoods were stunned when their coveted beer distributor at York and Almond Streets closed. The 28,374 square foot, CMX-2 zoned parcel, which was also known for its Christmas tree sales during the holidays, was presumed to be sold to a developer
Back in May of 2021, we told you about a plan to redevelop the stretch of North 2nd Street between Spring Garden Street and Callowhill Street. At that time, plans were released for two large, mixed-use projects. One on the northwest corner of 2nd and Callowhill, and the other on the southwest corner of 2nd
In the post-Covid environment, developers in cities across the country are looking for ways to adaptively reuse urban office buildings as work from home has become more prevalent and companies have shrunk their office footprints. Although Philadelphia’s office real estate market is fairing better than other major cities such as San Francisco and Chicago, non
Last week, we told you about PennDot’s plan to make improvements to 4 sites along I-95 in and around Northern Liberties. One of the sites is situated right across 2nd Street from one of Philadelphia’s coolest projects currently under construction. We originally told you about plans for this development in May of 2021 when it
If you live in the Riverwards, you’ve experienced the long rebuilding process of Interstate 95. Recently, the strip of the highway that runs through Fishtown was completed. Unfortunately, the highway was widened. But, the project included some new public spaces surrounding and underneath the interstate. The next stretch of I-95 to be renovated runs through