Category Archive
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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
We last mentioned Two Cathedral Square to you nearly 2 years ago when One Cathedral Square was going through the Civic Design Review (CDR) process. Since then, One Cathedral Square has broken ground and has risen high into the sky. We’ll have to do an update on that project in the near future, but if
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,
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
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
The Archdiocese of Philadelphia has been exploring developing the parking lots surrounding the Cathedral Basilica of Saints Peter and Paul next to Logan Square since 2016. The Archdiocese has been working with Exeter Property Group and its subsidiary, EPG Urban, to determine the best use of the land and to source capital for the project.
To say that Philadelphia is demolition-happy is an understatement. With the roaring real estate market over the last decade, we have seen developers scoop up valuable parcels and raze buildings that are centuries old. Philadelphia has not taken the necessary steps to protect our historic building stock. Only about 2% of Philadelphia’s buildings are historically