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Bucks County Medical Building Achieves LEED Certification

Bucks County Medical Building Achieves LEED Certification

The U.S. Green Building Council (USGBC) has awarded Leadership in Energy and Environmental Design (LEED) certification to a 12,000-square-foot medical office building owned by Lower Bucks Pediatrics, a family-oriented pediatric medical practice in Bucks County, Pa.…

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27-Story Apartment Tower Coming to University City

27-Story Apartment Tower Coming to University City

In fall 2013 work will start on a 27-story high-end apartment building located at the northwest corner of 36th and Market Streets in Philadelphia, replacing a parking lot owned by the University City Science Center. The project is backed by the Science Center – the first and largest urban research…

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Iroko Moves into New HQ Building at Philadelphia’s Navy Yard

Iroko Moves into New HQ Building at Philadelphia’s Navy Yard

Iroko Pharmaceuticals hosted a ribbon cutting ceremony, which was attended by Philadelphia Mayor Nutter, local officials and more than 150 attendees.. "Iroko represents a growing presence within Philadelphia and The Navy Yard's business landscape, and provides critical economic momentum to the region by triggering job growth at an important time,"…

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Work Starts on $17 Million Affordable Housing for Seniors in Mt. Airy

Work Starts on $17 Million Affordable Housing for Seniors in Mt. Airy

Philadelphia-based real estate developer Nolen Properties broke ground last week on a new senior housing complex in the Mt. Airy neighborhood. The $17 million investment envisages a brick-and-terra cotta landmark building constructed in 1895 which will be upgraded and transformed into a 57-unit residential facility.…

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Philly Developer Could Expand Ritz Five Movie Theatre, Add Apartments on Top

Philly Developer Could Expand Ritz Five Movie Theatre, Add Apartments on Top

A Philadelphia developer is in the preliminary stages of a redevelopment project at the Ritz Five movie theatre located at 214 Walnut St. in the Society Hill neighborhood.…

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North Philadelphia Data Center Sells for $65 Million to Carter Validus

North Philadelphia Data Center Sells for $65 Million to Carter Validus

Tampa-based Carter Validus Mission Critical REIT, Inc. has purchased a data center located in the Byberry Industrial Park in the Greater North Philadelphia area.…

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$100 Million Student Residence Breaks Ground Near Temple University

$100 Million Student Residence Breaks Ground Near Temple University

 By Veronica Grecu, Associate Editor The former John Wanamaker School building located at 12th Street and West Montgomery Avenue in North Philadelphia is being reconverted into a mixed-use facility that will serve Temple University students. Though the official groundbreaking ceremony was held last week at the site, the project was…

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JBJ Soul Homes is Philly’s Newest Low-Income Housing

JBJ Soul Homes is Philly’s Newest Low-Income Housing

November 13 was the official ground breaking for a new mixed-use project on a half-acre triangular block located at the intersection of Broad Street, Fairmount and Ridge Avenues in the Francisville neighborhood and close to Philadelphia’s iconic Divine Lorraine building.…

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Penn Medicine to Add New Medical Facility in West Philadelphia

Penn Medicine to Add New Medical Facility in West Philadelphia

Penn Medicine, one of the world's leading academic medical centers, has announced plans to move forward with Phase II of an expansion plan of the Penn Presbyterian Medical Center (PPMC) campus located in the University City section of West Philadelphia.…

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Work Beginning on $79 Million Upscale Residential Complex in Conshohocken

Work Beginning on $79 Million Upscale Residential Complex in Conshohocken

A new upscale apartment community called The Courts at Spring Mill Station is coming to Conshohocken, a suburb of Philadelphia. Almost one year after announcing the project, real estate investment trust Home Properties broke ground last week on the $79 million complex during an official ceremony held onsite, at the…

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Philadelphia Navy Yard Adds New Marriott Signature Hotel

Philadelphia Navy Yard Adds New Marriott Signature Hotel

Last week development company Ensemble Hotel Partners, LLC celebrated the groundbreaking of its first Navy Yard Corporate Center project: a new Courtyard by Marriott hotel located at the corner of Rouse Boulevard and Intrepid Avenue.…

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Work Starts on 149-Unit Multifamily Development; Upscale Project in South Philly to Follow Soon

Work Starts on 149-Unit Multifamily Development; Upscale Project in South Philly to Follow Soon

Mayor Michael Nutter, Philadelphia City Councilman Curtis Jones, Jr. and representatives of development company J.G. Petrucci broke ground last week on a new transit-oriented residential community located at 4862 Umbria Street, right next to SEPTA’s Ivy Ridge Rail Station.…

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