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Major Redevelopment Plan for Chocolate Factory

Major Redevelopment Plan for Chocolate Factory

By Veronica Grecu, Associate Editor The Hershey School, a Pennsylvania charity founded by Milton S. Hershey and his wife, Catherine, plans to acquire the world’s largest chocolate factory and convert the site into a vibrant residential development. According to The Philadelphia [...]…

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Green Developments and Urban Gardens Boom in Philadelphia

Green Developments and Urban Gardens Boom in Philadelphia

By Veronica Grecu, Associate Editor During a tree planting event that was held last week at Philadelphia’s Navy Yard Corporate Center, GlaxoSmithKline and Liberty Property Trust/Synterra Partners inaugurated a new 205,000-sq.-ft., environmentally friendly building. As reported by Citybizlist.com, Deirdre Connelly, president of [...]…

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Philadelphia Real Estate ‘LEEDs’ the Way in Green

Philadelphia Real Estate ‘LEEDs’ the Way in Green

By Veronica Grecu, Associate Editor Finding the right bit of real estate seems to be the perfect recipe for successful shops located in Downtown Philadelphia. A 10,000-sq.-ft. building at 1923 Chestnut Street purchased five years ago by Breakaway Bikes and Training [...]…

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Philly is Redevelopment Heaven

Philly is Redevelopment Heaven

By Veronica Grecu, Associate Editor After several years of renovation and $150 million, the redevelopment of the former Echelon Mall in Voorhees is almost complete. The site, now known as Voorhees Town Center, was bought by Pennsylvania Real Estate Investment Trust [...]…

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Sluggish Housing Market Encourages Condo Sales

Sluggish Housing Market Encourages Condo Sales

By Veronica Grecu, Associate Editor A report issued by The Long & Foster Market Minute reveals that the Philadelphia area real estate market reflects mixed trends in April 2011 as compared to the same month last year. The analysis shows mixed [...]…

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Philadelphia Landmarks Undergo Renovation

Philadelphia Landmarks Undergo Renovation

By Veronica Grecu, Associate Editor A newly restored apartment building for seniors was opened last week in Philadelphia. The 52,248-square-foot historic Presser building was originally commissioned by sheet music publisher and philanthropist Theodore Presser for retired teachers who had dedicated their entire lives [...]…

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