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NewCourtland LIFE Center Underway for North Philadelphia Seniors

NewCourtland LIFE Center Underway for North Philadelphia Seniors

n underutilized brownfield in North Philadelphia is being redeveloped by NewCourtland Elder Services, Inc., a non-profit organization providing community services, into a $5.6 million mixed-use complex for seniors. The event was marked by a groundbreaking ceremony held at the site attended by city officials and local representatives.…

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Madison Apartment Group Breaks Ground on Luxury M-F Development in Bucks County

Madison Apartment Group Breaks Ground on Luxury M-F Development in Bucks County

By Veronica Grecu, Associate Editor Madison Apartment Group, the multifamily operating arm of Philadelphia-based BPG Properties, Ltd., recently broke ground on an apartment community called Madison New Britain and located in Chalfont, PA, in the heart of historic Bucks County. Madison New Britain is the first multifamily rental community to…

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First Affordable Housing for Gay Seniors to Break Ground Next Month

First Affordable Housing for Gay Seniors to Break Ground Next Month

By Veronica Grecu, Associate Editor A $20 million affordable housing community for elderly gay seniors will break ground in October thanks to a grant from the Pennsylvania Housing Finance Authority. According to The Philadelphia Gay News, the $12 million low-income tax credits were purchased by Wells Fargo Bank, while the…

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Chestnut Hill Tower Changes Hands for $16.75 M; JV Announces Upscale Multifamily Project in Plymouth Meeting

Chestnut Hill Tower Changes Hands for $16.75 M; JV Announces Upscale Multifamily Project in Plymouth Meeting

By Veronica Grecu, Associate Editor Gebroe-Hammer Associates, a private real estate investment firm based in Livingston, NJ, has closed the sale of an 18-story residential building located at 7600 Stenton Avenue, in the upscale Chestnut Hill neighborhood. The seller, an undisclosed out-of-state private owner, and the buyer, a Gebroe-Hammer client…

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Developer Reveals Tentative Redevelopment Plan for Vacant Ajax Metal Works Site

Developer Reveals Tentative Redevelopment Plan for Vacant Ajax Metal Works Site

By Veronica Grecu, Associate Editor Philadelphia’s waterfront has attracted yet another prominent developer with plans to stir things up in the area. Michael Samschick, who has backed several development projects across the city, wants to turn the vacant Ajax Metal Works site into a sparkling mixed-use complex, according to a…

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Two New Mixed-Use Developments Proposed for the Delaware River Waterfront

Two New Mixed-Use Developments Proposed for the Delaware River Waterfront

By Veronica Grecu, Associate Editor The Philadelphia City Planning Commission received a proposal calling for a four-tower residential and retail complex at the former World Trade Center site, according to PlanPhilly.com. Reportedly, one of the towers would rise 426 feet, two of them would climb 227 feet, and the smallest…

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University City Science Center Announces New $15 Million Mixed-Use Tower

University City Science Center Announces New $15 Million Mixed-Use Tower

By Veronica Grecu, Associate Editor In less than one month the University City Science Center (UCSC) will break ground on a new mixed-use tower located at the corner of 38th and Market Streets in West Philadelphia. A $15 million joint venture between the University City Science Center and Wexford Science…

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Saint-Gobain, YouthBuild Complete First LEED Platinum Renovation Project in Philadelphia

Saint-Gobain, YouthBuild Complete First LEED Platinum Renovation Project in Philadelphia

By Veronica Grecu, Associate Editor A team of YouthBuild Philadelphia students and volunteers from the Saint-Gobain Corporation Foundation completed the renovation in Germantown, the first project of a three-year national partnership that provides professional development opportunities for out-of-school young adults. The project, which envisioned a thorough rehab of 4620 Greene…

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IKEA Plugs In Solar Projects at Three Philadelphia-Area Facilities

IKEA Plugs In Solar Projects at Three Philadelphia-Area Facilities

By Veronica Grecu, Associate Editor Hot on the heels of Community Energy Solar’s groundbreaking for the green energy project in Lancaster, Swedish company IKEA, one of the world’s leading home furnishings retailers, inaugurated solar energy systems installed at two of the company’s Pennsylvania stores in Conshohocken and South Philadelphia, as…

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Community Energy Solar Begins Construction of Pennsylvania’s Largest Green Energy Project

Community Energy Solar Begins Construction of Pennsylvania’s Largest Green Energy Project

By Veronica Grecu, Associate Editor Work has started at Keystone Solar Project located along Lancaster Pike south of the city of Lancaster, PA, soon after Community Energy Solar announced it had closed financing on the six megawatt development. Community Energy Solar’s retail marketing division and Chicago-based Exelon Corporation, one of…

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New Community Center Planned for Chinatown

New Community Center Planned for Chinatown

By Veronica Grecu, Associate Editor Philadelphia’s vibrant Chinatown is one step closer to having a new community center that will replace a parking lot located at the corner of 10th and Vine Streets. In November 2011 the City Planning Commission received a project notification issued by the Philadelphia Chinatown Development…

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Net-Zero Energy Homes Coming to Northern Liberties

Net-Zero Energy Homes Coming to Northern Liberties

By Veronica Grecu, Associate Editor Philadelphia is one step closer to becoming the nation’s greenest city. Maryland-based Nexus EnergyHomes teamed up with Philadelphia officials and private investors to create the city’s first net-zero energy housing development in the Northern Liberties community, on the site of a former fish wholesale market.…

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