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110 Luxury Apartments Under Construction at 2021 Chestnut Street

110 Luxury Apartments Under Construction at 2021 Chestnut Street

By Veronica Grecu, Associate Editor The wave of residential projects that hit the vibrant Center City neighborhood of Philadelphia continues with yet another upscale development at 2021 Chestnut Street near Rittenhouse Square. In less than one week Aquinas Realty Partners is set to officially break ground on AQ Rittenhouse, a…

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Philadelphia Advances Strategic Plan to Create 1,500 New Low-Income Apartments

Philadelphia Advances Strategic Plan to Create 1,500 New Low-Income Apartments

A new housing plan that is expected to create more affordable units in gentrifying neighborhoods throughout Philadelphia was announced recently by the City Council.…

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Scannapieco Reveals Plans for $150 Million Ultra-Luxury Residential Tower in Old City

Scannapieco Reveals Plans for $150 Million Ultra-Luxury Residential Tower in Old City

Plans for an ultra-luxury residential tower in Philadelphia’s historic Old City neighborhood were announced this week by Scannapieco Development Corporation, the developer behind the highly successful condos at 1706 Rittenhouse Square in Center City.…

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Penn’s South Bank Master Plan To Include 200,000 Sq. Ft. Innovation Center

Penn’s South Bank Master Plan To Include 200,000 Sq. Ft. Innovation Center

The University of Pennsylvania (Penn) revealed plans for a research park anchored by a new innovation center that will be built on the former DuPont Marchall Research Laboratories site, a large industrial property along the Schuylkill River that will house the planned South bank campus.…

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LGBT-Friendly Affordable Seniors Community Opens in Philly

LGBT-Friendly Affordable Seniors Community Opens in Philly

Pennrose Properties and dmhFund have opened John C. Anderson Apartments, the first LBGT-friendly affordable seniors housing community in Philadelphia, to great fanfare.…

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New Owners Announce Luxury Apartments for Avenue of the Arts Building

New Owners Announce Luxury Apartments for Avenue of the Arts Building

MRP Residential, a division of MRP Realty of Washington, D.C., and Des Moines-based Principal Real Estate Investors recently acquired the full, 209,000-square-foot residential component of the Avenue of the Arts Building in Center City Philadelphia, with plans to redevelop the asset into high-end apartments.…

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Mormon Church Reveals Plans for Apartment Tower, Meeting House in Center City

Mormon Church Reveals Plans for Apartment Tower, Meeting House in Center City

With construction at a new temple in Center City Philadelphia advancing according to plans, Mormon Church officials recently revealed renderings of another development that will be located just one block from the future temple, on an existing surface parking lot immediately north of Vine Street and 16th Street.…

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Apartments and Boutique Hotel Coming to Queen Village

Apartments and Boutique Hotel Coming to Queen Village

An entire that comprises 13 buildings spanning from the corner of 5thand Bainbridge to Kater Street in the neighborhood of Queen Village immediately south of Center City will soon be replaced by an interesting mix of apartment buildings and an upscale boutique hotel.…

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Southern Land Company Breaks Ground in Philly

Southern Land Company Breaks Ground in Philly

Southern Land Company breaks ground on a $110 million, 28-story residential tower at 3601 Market Street in Philadelphia. It is the first residential building in the 50-plus-year history of University City Science Center.…

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Australian Energy Efficiency Company to Open U.S. Headquarters at the Philadelphia Navy Yard

Australian Energy Efficiency Company to Open U.S. Headquarters at the Philadelphia Navy Yard

Business is thriving in South Philadelphia as a new tenant was officially added to the long list of companies at the growing Navy Yard campus.…

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Parkway, Hanover JV Unveils Design Plans for Massive Mixed-Use Project at Broad and Callowhill

Parkway, Hanover JV Unveils Design Plans for Massive Mixed-Use Project at Broad and Callowhill

A joint venture between the Parkway Corporation, one of the biggest parking space owners in Philadelphia, and The Hanover Company of Houston, TX has plans to transform the large public surface parking lot—a 60,140-square-foot grouping of parcels, to be more exact—between Callowhill and Wood Streets with Broad Street into a…

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Philadelphia Listed Among Top 10 Cities for Green Meetings

Philadelphia Listed Among Top 10 Cities for Green Meetings

Though in recent years the meetings and events industry was badly impacted by the economic downturn, this sector is trying to regain its well-deserved place among the best performing industries in the country. To underscore these efforts, GreenBiz.com recently announced the Top Ten U.S. Cities for Green Meetings, a list…

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