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Philadelphia


$21M Renovation Breaks Ground On Franklin Court

$21M Renovation Breaks Ground On Franklin Court

By Veronica Grecu, Associate Editor A complex renovation project at Philadelphia’s Franklin Court located in the historic Old City neighborhood was announced last week by the National Park Service. Totaling $21 million, the renovations are scheduled to complete in 18 months, [...]…

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Liberty Property Trust Unrolls Plans for City Center LEED Medical Building

Liberty Property Trust Unrolls Plans for City Center LEED Medical Building

By Veronica Grecu, Associate Editor Malvern-based Liberty Property Trust and Parkway Corporation will develop a LEED-certified, high-rise building atop an existing parking structure at the corner of 8th and Walnut Streets. The new 153,242-square-foot facility will house Pennsylvania Medicine, which already [...]…

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Over 400 Philadelphia Housing Authority Properties at Auction

Over 400 Philadelphia Housing Authority Properties at Auction

By Veronica Grecu, Associate Editor The Philadelphia Housing Authority (PHA) announced last week that more than 400 vacant properties throughout the city will be auctioned on November 16 starting 1 p.m. at PHA’s finance office building at 1800 S. 32d St. [...]…

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Liberty Property Trust Brings New Marriot Hotel to Navy Yard

Liberty Property Trust Brings New Marriot Hotel to Navy Yard

By Veronica Grecu, Associate Editor The Philadelphia Inquirer reports that real estate investment trust Liberty Property Trust is close to completing the financing for a new Marriot hotel that would be located in the city’s Navy Yard complex. The announcement is [...]…

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Philly Welcomes Teva Pharmaceuticals Facility, Home2 Suites Hotel

Philly Welcomes Teva Pharmaceuticals Facility, Home2 Suites Hotel

By Veronica Grecu, Associate Editor Last Tuesday Teva Pharmaceuticals USA broke ground on its new warehouse and distribution center in Northeast Philadelphia. Teva officials gathered at the site at One Red Lion Road for an official opening ceremony for the $300 [...]…

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Hotel Monaco Breaks Ground in Philly; Cooper University Hospital Opens New Condo for Employees

Hotel Monaco Breaks Ground in Philly; Cooper University Hospital Opens New Condo for Employees

By Veronica Grecu, Associate Editor The Philadelphia Inquirer reports that one of the city’s historic buildings located at Fifth and Chestnut Streets will be converted into a luxury hotel. During the groundbreaking ceremony that was held at the site last week, [...]…

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South Philly Growth Attracts Hundreds of New Jobs

South Philly Growth Attracts Hundreds of New Jobs

By Veronica Grecu, Associate Editor City officials announced this week that Philly Live!—Philadelphia’s destination retail, dining and entertainment district located on the former site of the Spectrum arena—is expected to create over 500 construction jobs during the first phase of the [...]…

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Toll Brothers Eye Neglected Society Hill Site for New Condos

Toll Brothers Eye Neglected Society Hill Site for New Condos

By Veronica Grecu, Associate Editor A new residential development is ready to break ground on the east end of Philadelphia’s Society Hill, between Front and Second, Pine and Lombard Streets, informs PlanPhilly.com. According to the proposal submitted by the real estate [...]…

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Philly Is Getting Ready for New Hilton Garden Inn and Other Major Developments

Philly Is Getting Ready for New Hilton Garden Inn and Other Major Developments

By Veronica Grecu, Associate Editor During an official event held this Tuesday Mayor Michael Nutter and city officials hinted at some major economic developments that would be announced over the next month. Though no further specific details were revealed, the Philadelphia [...]…

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$45 million Redevelopment Project Begins at Old Recreation Center

$45 million Redevelopment Project Begins at Old Recreation Center

By Veronica Grecu, Associate Editor A complex redevelopment project estimated to cost around $45 million began this Monday when the site was cleared from trees and massive weeds at the neglected Venice Island Recreation Center located between Manayunk Canal and the [...]…

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Historic Landmark Turns Into New Hotel; Doylestown Inn For Sale Now

Historic Landmark Turns Into New Hotel; Doylestown Inn For Sale Now

By Veronica Grecu, Associate Editor The historic Warner Theater located at 120 N. High Street in downtown West Chester is undergoing a complex renovation and is set to become the borough’s first hotel in decades, informs the Daily Local News. The construction [...]…

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$17M Renovation for Marriott Downtown Hotel Meeting Space; Inquirer Building Sold

$17M Renovation for Marriott Downtown Hotel Meeting Space; Inquirer Building Sold

By Veronica Grecu, Associate Editor In a press release issued last week, management of the Philadelphia Marriott Downtown Hotel announced the completion of a $17 million renovation project of the building’s 92,000-square-foot meeting space. The hotel features 1,408 guest rooms and [...]…

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