Construction
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Avenue of the Arts Revival Project On South Broad Street Set to Start This Month
The revival of the ten-block stretch of Avenue of the Arts on South Broad Street will begin this month, following the unveiling of updated designs on January 14, writes Molly McVety for PhillyVoice. Over the next decade, $150 million will be invested in streetscape upgrades along the area, in a project dubbed “AveArts 2.0.” Desaree…
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New $11.5M Project Aims to Beautify Philadelphia in Preparation for 250th Birthday Celebrations
Mayor Cherelle Parker has announced a partnership between the city and various other partners on a new $11.5 million project to beautify key access points into Philadelphia, writes Tom MacDonald for WHYY. The new beautification project is both in preparation to welcome the world to Philadelphia to celebrate America’s 250th birthday and part of the…
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Fairmount to Gain New Mixed-Use Development in Place of Former Rite Aid Location
Yoav Shiffman, a Philadelphia developer, is set to begin construction on a new mixed-use project at the former Rite Aid location in Fairmount, writes Ryan Mulligan for the Philadelphia Business Journal. Shiffman purchased the property at 20th Street and Fairmount Avenue during Rite Aid’s bankruptcy auction. He intends to break ground on a 28-unit apartment…
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Next Phase of Doylestown Barn Plaza Redevelopment Moves Forward with Demolition
The final days of the Regal Cinema at the Barn Plaza in Doylestown have arrived as the demolition phase of the redevelopment project progresses, writes Jeff Werner for Patch. The faux twin silos were demolished after decades, and the former theater is in the process of being taken down. Regal’s Barn Plaza cinema closed at the beginning of 2023…
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Toll Brothers is Doubling Down on 2025 Success
Fort Washington’s Toll Brothers continued an aggressive expansion in 2025 in a housing market still defined by limited supply, writes Ryan Mulligan for The Philadelphia Business Journal. Toll Brothers posted record home sales revenue of $10.8 billion in fiscal 2025 and invested heavily in land acquisitions throughout the Philadelphia suburbs. In Montgomery County, the company…
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City Breaks Ground on Commerce Connector, New Pedestrian Path for Old City Visitors
Construction recently began on Philadelphia’s new Commerce Connector, a pedestrian path that will connect the Independence Visitor Center and Carpenters Hall for visitors, writes Frank Kummer for The Philadelphia Inquirer. The new path in Old City will run along a brick‑lined walkway with seating and ornamental plantings, fully bypassing a congested area. The city has…
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South Street Pedestrian Bridge Over Columbus Boulevard Scheduled for 2026 Construction, 2027 Opening
The South Street Pedestrian Bridge over Columbus Boulevard in Philadelphia is scheduled for 2026 construction, writes Cory Sharber for WHYY. Work on the bridge will begin next summer by the Delaware River Waterfront Corporation, with an opening planned for 2027. The project is part of the $329 million I-95 cap initiative, adding nearly 12 acres…
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New Hope’s Tenna to be Acquired by John Deere in New Agreement
Illinois-based Deere & Company recently entered into an agreement to acquire Tenna in New Hope. Tenna is a technology platform created to optimize and automate construction operations workflow. Through the platform, contractors have access to a complete view of their equipment performance in almost real time and can gain a better understanding of maintenance needs and equipment trends. Tenna also assists with planning, visibility, and jobsite coordination, allowing for reduced costs and an increase…
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Newtown Rabbi Building Recreational Facility for People with Special Needs
Rabbi Yudy Shemtov, a Newtown Township resident, is planning to open a waterpark and recreational facility in Langhorne for individuals with special needs, writes Ryan Mulligan for the Philadelphia Business Journal. The new attraction, named Playa Raya, is being constructed on the site of the former Breezy Point Swim Club in Northampton Township. Shemtov, who is currently raising…
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New Temple University Residence Hall in Works for North Philadelphia, RFP Issued for Project
Temple University plans to build a new residence hall near Broad and Norris streets in North Philadelphia and has issued a request for proposals for the project, writes Noah Zucker for BisNow. “That will allow us, after that’s completed, to use that as swing space to take two of our residences and do a full…
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Logan Circle to Undergo Sidewalk Improvement Work, Temporary Closures to Follow
Logan Circle in Philadelphia will be undergoing improvement work, leading to some road and sidewalk closures, writes Laura Fay for CBS News Philadelphia. When the work begins on Monday, December 8, there will be no public access to the iconic Swann Memorial Fountain. According to the official announcement from the Philadelphia Streets Department, three other…
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Industrial Project in the Works for Ridley Property at I-95, 476
An 81,000-square-foot industrial building is planned in Ridley Township at 130 S. Fairview Road, at the intersection of I-95 and I-476, writes Paul Schwedelson for Philadelphia Business Journal. Greek Real Estate Partners, based out of East Brunswick in North Jersey, has taken out a $12.3 million construction loan to develop the property. The building could…
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Temple University Moving Forward with $35 Million Terra Hall Renovations
Temple University is moving forward with plans to turn Terra Hall on South Broad Street into a vibrant hub for education, collaboration, and innovation, writes Ryan Mulligan for the Philadelphia Business Journal. Temple purchased the landmark former University of the Arts property earlier this year for $18 million and has approved a $35 million renovation…
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Wayne-Based Berger Development Breaks Ground on $40 Million Trolley Square Apartments
Berger Development, based in Wayne and part of Berger Communities, recently broke ground on Trolley Square Apartments in Wilmington, writes Ryan Mulligan for the Philadelphia Business Journal. Located in Wilmington’s bustling entertainment and dining district, the 130-unit project will cost $40 million to complete. The company now has four ongoing projects, following the completion of…
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Philadelphia General Contractor Embarks on First Major Development Project in Rittenhouse Square
MMB Contractors, a longtime Philadelphia general contractor, is starting its first major project with an 84-unit development in Rittenhouse Square, writes Ryan Mulligan for the Philadelphia Business Journal. Targeting an underserved segment in the neighborhood, the 12-story building will offer small studios with a variety of one-bedroom units. Dubbed The Ranstead, the project is currently…
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Meet Alfred D. ‘Fred’ Hagen, the Renaissance Man From Norwood
Alfred D. “Fred” Hagen is a modern-day renaissance man, a carpenter born in Norwood and raised in Delaware County who is among the nation’s most successful corporate builders. He has created sprawling residential developments, corporate headquarters, hospitals, industrial facilities, airports, and museums nationwide. Locally, his company, Hagen Construction Inc., helped complete many prestigious projects, from…
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Familiar Construction Firms Win Bid to Build New South Philadelphia Sports Arena
We now know the construction firms that will be responsible for building the new South Philadelphia arena for the Philadelphia 76ers and Philadelphia Flyers, writes Bret McCormick for the Philadelphia Business Journal. A joint venture between AECOM and Turner Construction will manage the construction of the new arena. They will be aided by Perryman Construction,…
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Philadelphia 76ers, Comcast To Have Market Street Buildings Demolished As Long-Term Plans Remain Unclear
The Philadelphia 76ers and Comcast are planning to raze most of the buildings on the south side of the 1000 block of Market Street within a year, which is the first major step since they acquired the Center City properties for redevelopment, writes Paul Schwedelson for the Philadelphia Business Journal. The Sixers and Comcast aim…
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