Category Archive

Opportunity Zone

66 articles in this category

1901-East-York-St-rendering

127-Unit Project to Replace Parking Lot in East Kensington

Apr 22, 2021Kyle McShane

The amount of development happening around the York-Dauphin Station is incredible. In the last few years, the area has gone from a sea of vacant lots to a massive construction zone sprinkled with completed new buildings. We’ve covered nearly 600 units worth of large projects that are already under construction or are in the pipeline.

Rendering of the redevelopment of the Delaware Generating Station

Renderings of Fishtown Power Plant Redevelopment + Future Phases Released

Apr 19, 2021Kyle McShane

We’ve reported on several occasions about the ongoing redevelopment of the former Delaware Generating Station at 1325 Beach Street along the Delaware River in Fishtown. Every time we pass by the site, it seems like more progress is happening on the exterior of the existing building. Back in February, zoning permits were issued for a

1817 E. York St. under construction

106-Unit, Mixed-Use Building Rising in East Kensington

Feb 25, 2021Kyle McShane

Back in October of 2019, we told you about a 106-unit proposal for a 31,527 vacant IRMX parcel at 1817-41 E. York St. in East Kensington next to the York-Dauphin El Station. The project is now well underway with 4 stories already framed out and windows beginning to be installed. The building will rise 5

1801-59 N. American St. rendering

110 Units + Commercial Proposed in Kensington on American Street

Dec 3, 2020Kyle McShane

North American Street from Girard Avenue to Berks St. and beyond has seen countless projects proposed and constructed over the last several years. This momentum has been fueled by the corridor’s prime, transit accessible location and the TIGER grant that transformed American St. from a wide industrial road to a more pedestrian friendly thoroughfare with

676 N Broad St Divine Lorraine Drone Photo

Development Opportunity: 67 Units + Retail at Broad and Ridge

Nov 17, 2020Kyle McShane

It seems like at least once a month we’re covering a significant project on North Broad Street. Just about 10 days ago, we told you about a 50-unit proposal that will replace the gas station at Broad and Parrish. Alterra Property Group currently has a 410-unit mixed-use building under construction at Broad and Spring Garden.

rendering of the project at 1828-42 N. Front St.

70 Units + Retail Planned Next to Berks El Stop

Jan 24, 2020Kyle McShane

Blink and there will be no developable land within reach of the Berks El Stop. It seems like every week we are hearing about or writing about a new project in this vicinity. Residential density in transit accessible locations is the new slam dunk in the real estate industry. It really feels like, at least

town center east falls

27 Units + Retail Rising at Ridge and Allegheny

Jan 23, 2020Kyle McShane

The area surrounding Ridge Avenue, Allegheny Avenue, and Hunting Park Avenue is starting to feel like an extension of East Falls. We recently told you about Dobson Mills Phase II, a 134-unit project at Ridge and Scotts Lane. We also told you about a 176-unit mixed-use plan at Ridge and Indiana. East Falls has become

Front-and-Diamond-under-construction-1

39 Units + Retail Rising Under the El in Kensington

Jan 20, 2020Kyle McShane

Just last week, we covered a 24-unit building that is under construction on the 2000 block of Dreer Street. Right behind this project, a 14-unit mixed-use project is planned. 17 units are also topped out, but not yet completed, a half of a block south on Front St. This isn’t even the tip of the

Billy Penn Studios is Bringing Offices and Retail to Kensington

Jan 16, 2020Kyle McShane

The popular narrative about emerging neighborhoods is that the artists come, the residents move in, and then the coffee shops, bars, and restaurants open up shop. One important factor in a neighborhood becoming successful and sustainable that is missing from this timeline is the introduction of offices and other non-service-related employment centers. Without jobs being

2020-Dreer-St-Under-Construction

24-Unit Building Rising in Kensington

Jan 14, 2020Kyle McShane

Another mid-rise apartment building is coming to Kensington, hoping to supply pent-up demand for transit-accessible units in Philadelphia’s Riverwards. As we’ve mentioned many times before, the area surrounding Front St. and the El is exploding. Momentum has pushed from the Girard Station, to Berks, and is now moving towards the York-Dauphin stop. Just east of

63 Units + Retail Proposed for Kensington Under the El

Dec 12, 2019Kyle McShane

The area surrounding the York-Dauphin Station continues to see project proposals and developments move forward. We’ve told you about a 147-unit proposal on Boston St., a 107-unit proposal on York St., a 106-unit proposal on York St., and a 19-unit mixed-use project that has broken ground on York St. Big things are planned for 2315