A zoning permit was issued for the demolition of the 3-story parking garage at 316-20 S. 11th St. in the Gayborhood today. No additional permits were issued that would shed light on what kind of development is planned on the site once demolition is complete. The roughly 12,000 square foot RM-1 (residential multifamily) zoned property Read more about Permits Issued for Demolition of Gayborhood Parking Garage[…]
Back at the beginning of the year, a package of 6 properties surrounding the corner of 19th St. and Chestnut St. in Rittenhouse went up for sale. In late May, we received notice that the properties were under agreement of sale for an estimated $25 million with Pearl Properties being the buyer. The properties include Read more about 567 Foot Tall, 183-Unit Tower Proposed in Rittenhouse[…]
If you follow Philadelphia real estate development news, you’ve heard about the saga involving Toll Brothers’ plan to build a condo tower on Jewelers Row. The plan first came to light in 2017. We won’t recount the whole story as there are plenty of articles out there that have covered the details of the situation. Read more about Jewelers Row Tower’s Height Increased, Unit Count Decreased to 63[…]
More than a year ago, we reported that the law firm Morgan, Lewis & Bockius planned on signing a letter of intent to move its offices to a new construction tower at 23rd and Market St. Since then, the law firm has signed a 20 year lease for the property and renderings for the tower Read more about Permits Pulled, Funding in Place for New Center City Office Tower[…]
Back in November of 2018, developer Pearl Properties purchased the Embassy Suites at 1776 Benjamin Franklin Parkway for $59.8 million. We heard last October that the former TGI Fridays on the ground level of the building would be transformed into a brewpub. Victory Brewing Company of Downingtown announced that they would be opening a 2-story, Read more about Hotel to 289-Unit Residential Building Conversion Planned in Center City[…]
It seems like we’re seeing massive development proposals come to light in Philadelphia nearly every day due to the Covid-19 backlog, the low interest rate environment, and the need to pull permits before the full 10 year tax abatement ends. Today, we bring you another tower at 23rd St. and JFK Blvd. The site is Read more about 275-Unit + Office Tower Planned for 23rd and JFK[…]
A little more than a year ago, we told you about a 207-room hotel proposed at 1620 Sansom St. in Rittenhouse. It looks like plans have changed for the site. Southern Land Company, the developer behind The Laurel on Rittenhouse Square and 3601 Market St., recently released plans for a mixed-use tower on the 18,816 Read more about 320-Foot, 298-Unit, Mixed-Use Tower Proposed in Rittenhouse[…]
Back in 2019, the Camac Baths building at 204 S. 12th St. was nominated to the Philadelphia Register of Historic Places, two years after being acquired by Midwood Investment & Development, a national real estate development firm. The Camac Baths was deemed historically significant because of its first Jewish and then gay and bisexual clientele. Read more about 448 Units + Commercial Planned for Historic Property in the Gayborhood[…]
You’ve probably queued up waiting to get into the Trader Joe’s parking lot on 22nd St. Lately, you’ve probably waited in line again to get into the supermarket, and then again to check out. It seems like Trader Joe’s is constantly busy, slinging fresh produce, tasty snacks, and frozen products to the masses. The store Read more about 341-Unit Tower Proposed on Trader Joe’s Parking Lot[…]
A 19-story overbuild of the Freeman’s Auction House at 1810 Chestnut St. has been approved by the Philadelphia Historical Commission according to Cecil Baker + Partners, the architect behind the project. The existing 6-story structure was built in 1923 and was the home of Freeman’s until last year, when the company moved into spaces at Read more about 19-Story Overbuild of Freeman’s Auction House Approved by Historical Commission[…]