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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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First Courtyard by Marriott Hotel Opens at Philadelphia Navy Yard

First Courtyard by Marriott Hotel Opens at Philadelphia Navy Yard

As the Navy Yard Corporate Center keeps growing and adding new businesses, the hospitality industry follows the same positive trend in this thriving business campus in South Philadelphia.…

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Non-Profit Design Center Reveals Renderings of Columbus Square Park

Non-Profit Design Center Reveals Renderings of Columbus Square Park

The neglected Passyunk Square neighborhood park is set for a much-need redesign with the help of a grant coming from a local non-profit organization.…

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FedEx Ground Plans $175 Million Massive Distribution Center in Lehigh Valley

FedEx Ground Plans $175 Million Massive Distribution Center in Lehigh Valley

Just before the end of 2013 a large shipping company submitted plans for a 1.3-million-square-foot package sorting center in Allen Township, in Pennsylvania’s Lehigh Valley region. The project was filed with the Lehigh Valley Planning Commission by Moon Township, PA-based FedEx Ground, a subsidiary of the FedEx Corporation that serves…

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Llenrock Group Secures $50M in Financing for 1845 Walnut Street

Llenrock Group Secures $50M in Financing for 1845 Walnut Street

Philadelphia-based independent real estate finance and advisory firm Llenrock Group has completed $50 million in permanent financing for a 25-story office tower located on Rittenhouse Square in Center City, one of Philadelphia’s most prestigious neighborhoods.…

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