Construction
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Alterra IOS, Eco Materials Purchase Southwest Philadelphia Site, Plans to Build $40M Soil Recycling Facility
Alterra IOS and Eco Materials have collaborated on a joint venture to buy a 5-acre Southwest Philadelphia site, with plans to build a soil recycling facility there, writes Paul Schwedelson for the Philadelphia Business Journal. Including the $5.75 million purchase price, the project is expected to cost a total of $40 million. The facility would…
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Large Self Storage Facility Planned for Northeast Philadelphia
Asset Realty and Construction, a Brooklyn-based developer, is planning to construct a new four-story self storage facility in Northeast Philadelphia, writes Ryan Mulligan for the Philadelphia Business Journal. The proposed facility would be located at the corner of State Road and Cottman Avenue. The 152,720-square-foot facility would feature 77 parking spaces, catering to both commercial…
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PIDC Plans 40-Acre Biotech Campus on Schuylkill Riverfront
PIDC is moving forward with plans to develop a 40-acre modern biotechnology manufacturing campus two years after beginning its search for a partner, writes John George for the Philadelphia Business Journal. The public-private economic development organization is currently evaluating proposals from a select group of developers for the project, which PIDC believes could support thousands…
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New Wawa Convenience Store and Gas Station Breaks Ground in Newtown Township
Construction has commenced for a new Wawa convenience store and gas station on a 4.95-acre site at the corner of Newtown Bypass and Lower Silver Lake Road in Newtown Township, writes Tom Sofield for Newtown PA Now. In recent days, crews have worked diligently to clear the area of brush and trees, preparing the ground…
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Rebuilding Together Philadelphia Renovates 8 Strawberry Mansion Homes As Part of Larger Project
Rebuilding Together Philadelphia, the local nonprofit that revitalizes more than 100 homes each year, has finished renovating eight rowhouses on West Huntingdon in Strawberry Mansion, writes Aaron Moselle for WHYY. The houses were chosen by Strawberry Mansion CDC, the project’s community partners. The work is part of a broader neighborhood effort that includes renovation of…
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Forman Arts Initiative to Transform West Kensington Block Into Community Arts Hub
Forman Arts Initiative is planning to transform a 100,000-square-foot site in West Kensington into a multi-use community arts hub, writes Ryan Mulligan for the Philadelphia Business Journal. Last year, the nonprofit’s leaders quietly bought four properties on the 2200 block of North American Street for $13 million. Plans for their use are starting to be…
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With Influx of New Construction, Philadelphia Could Once Again Become Leader in Manufacturing
While Philadelphia isn’t currently known as a leading manufacturing hub, that could be set to change thanks to the ongoing and upcoming construction throughout the city, writes Sonya Swink for BisNow. According to a new report from Yardi’s Commercial Cafe, the Philly metro area ranks 16th out of 20 major metros across the nation that…
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A New Indoor Sporting Facility Will Soon Open in The Battery in Fishtown
The Battery, the new residential and hotel complex in Fishtown that replaced a former power plant on the Delaware River, has a 45,000-square-foot space that housed the huge turbines that generated the electricity. The developers have decided that the space will be transformed into a state-of-the-art indoor sporting facility called Ballers, writes Jake Blumgart for…
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South Philly Entertainment Complex’s Proposed Music Hall Aims For ‘Different Type of Music Experience’
As part of the proposed South Philadelphia entertainment complex, Comcast Spectacor and the Phillies intend to build a concert hall, writes Jeff Gammage for The Philadelphia Inquirer. Phil Laws, chief operating officer of Comcast Spectacor, said the goal is to make it “a different type of music experience.” Its proposed 5,500- to 6,000-seat arena will…
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Penn’s Landing Development Project Remains on Hold More Than Three Years After Bid
It has been over three years since the Durst Organization submitted its winning bid to develop a 12-acre site at Penn’s Landing, but the project is still on hold, writes Paul Schwedelson for the Philadelphia Business Journal. The New York-based real estate company has not made much progress on the $2.2 billion plan as it…
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Montgomery County Life Sciences Campus To Be Redeveloped By New Owners
The new owners of a 34-acre office and life sciences campus in Montgomery County have launched a major renovation and expansion of the property, writes Paul Schwedelson for the Philadelphia Business Journal. David Werner Real Estate Investments and GreenBarn Investment Group, New York-based partners, plan to add up to 1.4 million square feet of new…
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The African Center, A $23M Mixed-Use Project, Expected To Start Construction Soon in Southwest Philly
The first phase of The African Center, a $23 million mixed-use project in Southwest Philadelphia, is expected to begin construction soon after several years in development, writes Kristen Mosbrucker-Garza for WHYY. With the Black immigrant community having grown considerably in the past two decades, the complex is being dubbed “a beacon of cultural pride” in…
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Philadelphia Housing Authority Unveils First Phase of Southwest Philadelphia’s Bartram Village Redevelopment
The Philadelphia Housing Authority recently unveiled its plans for the initial phase of the sweeping redevelopment of Bartram Village in Southwest Philadelphia, which will include 64 units of mixed-income rental housing, writes Jake Blumgart for The Philadelphia Inquirer. At its peak, the Bartram Village public housing site was home to 500 units constructed in barracks-style…
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Pearl Properties Prepares To Construct New 50-Story Apartment Tower in Rittenhouse Square
Pearl Properties is preparing to start work on a new 50-story apartment tower in Rittenhouse Square, writes Paul Schwedelson for the Philadelphia Business Journal. This project is now set to start four years after it was initially proposed. The building on 19th Street, named Harper Square, will accompany The Harper, a 24-story luxury apartment tower…
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Rebuilding Together Philadelphia Has Repaired and Upgraded Over 2,000 Homes in the Region
Rebuilding Together Philadelphia is a nonprofit that partners with grassroots organizations to identify blocks and residents who would be likely participants in the free home-improvement program. Since it was founded in 1989, RTP has assisted 2,100 homeowners throughout the region, writes Kevin Riordan for The Philadelphia Inquirer. The nonprofit seeks out owner-occupied homes in economically…
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Councilmember Mike Driscoll Advocates For More Development, Affordable Housing in His Northeast Philadelphia District
Councilmember Mike Driscoll recently introduced a package of legislation that would provide incentives to developers who want to build near public transit stations. This is part of Driscoll’s desire to encourage new housing along the Market-Frankford Line in his district and developers to provide affordable housing to combat the threat of displacement, writes Jake Blumgart…
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Once Dilapidated Chester County Barn Finds New Life as Entertainment Venue
A weathered Chester County barn has been renovated and turned into a stunning entertaining space, writes Eileen Smith Dallabrida for the Main Line Today. The barn has a special meaning for its new owner. She used to ride her pony past the barn and adjacent stables as a girl. As an adult, she decided to…
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Massive Mixed-Use Project Planned Near North Philadelphia Amtrak Station
Two social impact-oriented developers are planning to construct a massive mixed-use project at the long-neglected site next to Amtrak’s North Philadelphia train station, writes Paul Schwedelson for the Philadelphia Business Journal. Philadelphia-based Shift Capital and New York-based Essence Development, which is led by former Philadelphia Eagles safety Jamar Adams, acquired the land for $11.8 million…
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