Construction
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PIDC Unveils Latest Vision for Lower Schuylkill Innovation Campus in University City
For over a decade, the City of Philadelphia has put forth a plan to revitalize the Lower Schuylkill area of Philadelphia, which has long served as a critical economic vessel for the city. The goal has been to transform the area into a vibrant, more modern industrial campus with diverse businesses and opportunities for work.…
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Malvern-Based Bounce Pickleball Working on Philadelphia Expansion
Malvern-based Bounce Pickleball is expanding to Philadelphia with a new indoor pickleball complex inside a former Di Bruno Brothers warehouse, writes John George for the Philadelphia Business Journal. “We should be able to get 12 courts and two warm-up courts in there,” said Braden Keith, the company’s operations manager. Bounce has already signed a lease…
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Daniel B. Green House Honored as One of Last Year’s 30 Best Real Estate Deals in Greater Philadelphia
The Daniel B. Green House, an affordable housing community for low-income seniors that broke ground last year in Trevose, was recently honored by the Philadelphia Business Journal as one of the 30 Best Real Estate Deals in Greater Philadelphia in 2024. Furthermore, the project earned third place in the Affordable Housing category. Set to welcome…
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Lincoln University to Break Ground on New Residence Hall Next Month
Lincoln University will mark the start of construction on its new 320-bed residence hall with the official groundbreaking ceremony set for next month, writes Ryan Mulligan for the Philadelphia Business Journal. This is the largest of several development projects the university is currently undertaking. Lancaster-based Wohlsen Construction Company will lead the construction. The four-story building will…
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Martin Luther King Drive Bridge Expected to Reopen By September
More than two years since repairs began, the Martin Luther King Drive Bridge is now expected to reopen in September, writes Franki Rudnesky for PhillyVoice. Construction on the bridge began in March 2023, leaving it closed to vehicles, pedestrians, and bicyclists ever since. While the Philadelphia Department of Streets originally estimated the repairs would be…
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Philadelphia Real Estate Developers Bracing for Fallout of Trump Tariffs
Philadelphia real estate developers are bracing for the impact of the Trump administration’s tariffs, which look certain to drive up costs and potentially derail some projects, writes Paul Schwedelson for the Philadelphia Business Journal. According to Mo Rushdy, managing partner of the Riverwards Group and president of the Building Industry Association of Philadelphia, costs are…
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Insufficient New Construction Driving Up Housing Prices in Bucks County
Bucks County – and Pennsylvania as a whole – is not building enough new housing, driving up prices for both homebuyers and renters, writes Michaelle Bond for The Philadelphia Inquirer. A new report by the Pew Charitable Trusts found that the Keystone State was No. 44 for share of homes approved to be built from…
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Hallahan High School’s Former Center City Campus Sells For $15M, Belmont Charter Plans Move
The former campus of John W. Hallahan Catholic Girls’ High School in Center City has been sold to an entity tied to the chairman of Belmont Charter Network for $15 million, writes Ryan Mulligan for the Philadelphia Business Journal. This comes right when Belmont Charter High School plans to move into the property at 19th…
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Market Street Bridge to Begin Long-Term Rehabilitation Project on March 17
With the Market Street Bridge now 93 years old, there is serious work that needs to be done on it and starting very soon, that’s exactly what is going to happen, writes Mike DeNardo for KYW Newsradio. Beginning on Monday, March 17, PennDOT will embark on a $149 million long-term project to rehabilitate the bridge.…
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Autopark at Jefferson, Center City PPA Garage, Set To Be Demolished and Redeveloped
The Philadelphia Parking Authority has announced plans to demolish and redevelop a five-story parking garage in Center City, writes Paul Schwedelson for the Philadelphia Business Journal. The Autopark at Jefferson garage, which sits adjacent to Jefferson Health will be turned into a new garage with retail space along Chestnut Street. The new eight-story garage will…
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After 10 Years, the Former Germantown High School Will Soon Reopen as a Mixed-Use Development
Just over a decade ago, Germantown High School was shut down due to its academic performance, shrinking enrollment, and a financial crisis. However, next year, the space will be converted into a new mixed-use development with about 240 apartments, writes Aaron Moselle for WHYY. The first 45 units are expected to be completed in the…
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Philadelphia Projected to Add 1.5M Square Feet of New Office Space This Year, According to New Report
Philadelphia’s office pipeline is projected to increase its stock of office space by 1.5 million, according to a new CommercialCafe report. This represents a 0.8 percent increase of the city’s office space stock. The Philadelphia market represents one of this year’s top 20 largest office development projects, ranking 11th. It’s also home to one of…
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Kelce Family Looking to Expand in Haverford Township
Jason Kelce showed up at a Haverford Township Zoning Hearing Board meeting last Thursday to testify about changes to his property as he and Kylie construct a new home on the site for their expanding family, writes Max Bennett for Patch. Jason and Kylie Kelce have lived in Haverford since 2018. They have three daughters,…
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$30 Million Andorra Shopping Center Redevelopment to Feature Giant Store As Main Catalyst
Andorra Shopping Center is set to undergo a $30 million redevelopment project, and a new Giant store will be the center of it all, writes Paul Schwedelson for the Philadelphia Business Journal. As part of the redevelopment plans, Federal Realty Investment Trust is downsizing a 30,000-square-foot portion of the Northwest Philadelphia retail property. A 50,000-square-foot…
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McKissack & McKissack, Nation’s Oldest Black-Owned Construction Firm, Is All About Legacy and Excellence
McKissack & McKissack, the nation’s oldest Black-owned construction and design firm, has had a presence in Philadelphia since 1994, writes Noah Zucker for BisNow. Originally founded in New York City in 1905, the local office was founded during a time of stark contrast. While then NYC Mayor Rudy Giuliani was retreating from public contracts with…
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Eagleview in Exton One of 20 Projects to Watch in Philadelphia Region
The Eagleview community in Exton is one of the 20 development projects across the Philadelphia region to watch in 2025, write Ryan Mulligan and Paul Schwedelson for the Philadelphia Business Journal. The Hankin Group currently has its hands full with its 800-acre master-planned project. The developer has already completed several life sciences buildings and a…
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Jeffrey Lurie, Eagles Ownership Team Reportedly Considering Building New Indoor Stadium
The Philadelphia Eagles‘ home stadium at Lincoln Financial Field is one of the oldest venues in the NFL, and while there are no active plans to replace it, the team’s lease will expire in 2032. While the clock ticks toward that deadline, Eagles owner Jeffrey Lurie and other members of the team’s ownership are reportedly…
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Massive New Development Proposed for South Philadelphia’s Stadium District
A massive new development featuring six buildings, an office tower, and an entertainment complex is being planned in South Philadelphia’s stadium district, writes Jake Blumgart for The Philadelphia Inquirer. The proposal would be constructed just to the east of the Live! Casino and Hotel. The site was previously occupied by Parx Casino’s South Philadelphia Race…
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