Construction
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Plans for New Wawa in West Goshen Hit Major Roadblock
Plans to build a new 5,330-square-foot Wawa with 16 gas pumps at Parkway Shopping Center have hit a major roadblock after West Goshen supervisors unanimously voted to deny its conditional-use application, writes Bill Rettew for The Daily Local News. Wawa will likely appeal the board’s decision, said township solicitor Kristen Camp during last week’s supervisor’s…
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Chinatown Stitch Project Gains $158 Million in Funding
The Chinatown Stitch project, which will aim to reconnect the north and south sides of the neighborhood through the Vine Street Expressway, recently received a $158 million federal grant, writes Michael Tananbaum for PhillyVoice. The grant came from the U.S. Department of Transportation and Infrastructure Investment and Jobs Act, and is expected to cover the…
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Comcast Spectacor Has A $2.5 Billion Master Plan For the South Philadelphia Sports Complex
Comcast Spectacor executives have unveiled a new $2.5 billion plan to transform the South Philadelphia Sports Complex, writes Emily Rose Grassi and Siobhan McGirl for NBC 10 Philadelphia. The plan will include upgrades at Xfinity Live!, a 5,000-square-foot concert venue, a new hotel, shopping and restaurants. Those plans, considered Phase 1 of the plan, will…
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Cescaphe To Take Over Operations For Ballroom at Bellevue Hotel
Cescaphe, the Philadelphia wedding and events company, will be renovating and transforming the event venue at the Bellevue Hotel, writes Emma Dooling for the Philadelphia Business Journal. The first-floor ballroom will soon become The Grand Belle, as part of a complete reimaging of the Bellevue. “The restoration of The Grand Belle will mark a new…
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New Mixed-Use High Rise Coming To Center City West
A new 307-foot, 23-story mixed-use high-rise is soon coming to 2301 John F. Kennedy Boulevard in Center City West, writes Vitali Ogorodinikov for Philly YIMBY. The curvy tower will rise on a narrow, wedge-shaped lot by the Schuylkill River waterfront and will contain 334,201 square feet of interior space. The development will feature 287 residential…
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New York Hospitality Company Considers West Chester’s Greystone Hall for Luxury Boutique Resort, Spa
Mirbeau Hospitality Services, a New York hospitality company, is considering buying the remaining Greystone Hall property in West Chester and turning it into a luxury boutique resort and spa, writes Emma Dooling for the Philadelphia Business Journal. According to Mirbeau partner Jonathan Dal Pos, the company already has a purchase agreement with Greystone Hall’s longtime…
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Center City Office Building Set to Become Apartment Complex
1701 Market Street in Center City Philadelphia will soon be converted from an office building to an apartment building, writes Jake Blumgart for The Philadelphia Inquirer. After months of negotiations, Alterra Property Group has officially acquired the building and has its sights on transforming its use. Once finalized, it would mark the largest office-to-residential…
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Comcast Expansion is Coming to Philadelphia, Says CEO Brian Roberts
Comcast CEO Brian Roberts has plans to further expand its presence throughout Philadelphia, writes Ryan Mulligan for the Philadelphia Business Journal. Already the largest public company headquartered in Philadelphia, Comcast is also one of the biggest employers and occupiers of real estate, most notably at its two namesake skyscrapers in Center City. “Philadelphia is home,…
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The Bellwether District is Set to Transform the Former Philadelphia Energy Solutions Refinery Site
A massive new project, The Bellwether District, is taking place at the site of the former Philadelphia Energy Solutions refinery in Philadelphia, reports Randy Gyllenhaal for NBC 10 Philadelphia. In 2019, the property was the site of a major fire when aging pipes failed and the refinery caught fire. The ensuing fireball sent debris flying…
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A Northeast Philadelphia Warehouse is Likely To Be Redeveloped Into Larger Industrial Property
A warehouse in North Philadelphia has been acquired by a Houston-based real estate firm and it’s planning to demolish and redevelop it into a larger industrial property, writes Ryan Sharrow for the Philadelphia Business Journal. Lovett Industrial purchased 10101 Roosevelt Boulevard is planning to tear down the existing 109,000-square-foot building to develop a new 176,000-square-foot…
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Toll Brothers to Build 358 Homes on 140 acres in North Carolina
Montgomery County-based luxury homebuilder Toll Brothers has plans to build 358 homes on 140 acres in North Carolina, writes Collin Huguley for Charlotte Business Journal. Toll Brothers, based in Fort Washington, recently acquired the land in Huntersville which is just outside Charlotte. The company bought the land for just over $15 million through an affiliated…
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The Riversuites, A New 62-Room Hotel Opens At Former PECO Plant in Fishtown
Rivers Casino has transformed a former PECO power plant on the Delaware River waterfront into a new boutique hotel, writes Michael Tanenbaum for Phillyvoice. The new Riversuites Hotel just began taking reservations for the 62-room apartment-style suites that will occupy four floors of The Battery, the mixed-use project at the former Delaware River Generating Station. …
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$1.4 Million Reaney Street Renovation Near Philadelphia Union’s Subaru Park Celebrated in Chester
The Philadelphia Union and the Riverfront Alliance of Delaware County were among those who celebrated the yearlong $1.4 million reconstruction of an 850-foot section of Reaney Street in Chester, writes Kathleen E. Carey for the Daily Times. The Reaney Street renovation focused on part of the street located near the Philadelphia Union’s stadium, Subaru Park.…
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Steeple View Project: Newtown Borough’s Game-Changer for Urban Renewal and Community Amenities
Newtown Borough’s long-awaited Steeple View Project is awaiting final approval, writes Jeff Werner for The Patch. If approved, it would be Newtown’s largest redevelopment project. The plan includes the revitalization of nine acres extended from Centre Avenue to South State Street to create a mixed-use neighborhood, with four residential structures and three mixed-use…
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Penn to Begin Construction on New $600 Million Campus Renovation Projects
University of Pennsylvania is entering a new, $600 million stage of its decades-long campus construction plan, writes Ryan Wolff for The Daily Pennsylvanian. In 2006, Penn unveiled a new “land use and urban design strategy with a 30-year horizon to advance Penn as a premier urban research university;” a strategy dubbed Penn Connects. Since then,…
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Brandywine Realty Trust CEO Has High Optimism for the Firm Despite Market Challenges
Despite Brandywine Realty Trust having to put future buildings on hold for the time being, CEO Jerry Sweeney has confidence that the firm is well-positioned, writes Paul Schwedelson for the Philadelphia Business Journal. The financing market in Philadelphia has been unpredictable, which is what led to the delay of the Philly-based firm’s construction on its…
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19-year-old Carpenter Apprentice Helps Complete Final Leg of $400M Wells Fargo Center Project
Saulih Khalifah, a 19-year-old carpenter apprentice, is helping complete the final stage of a $400 million transformation project at the Wells Fargo Center, writes Matteo Iaonisi for the WHYY. “I would have never thought I was going to be a carpenter,” said Khalifah. “I played basketball in high school. I went to college for basketball.”…
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Center City Developer Bobby Fijan is Determined to Create More Family-Oriented Apartments
Bobby Fijan, a Philadelphia-based developer, wants the real estate industry to put a more heightened focus on building more family-sized apartments in cities nationwide, writes Jake Blumgart for The Philadelphia Inquirer. Fijan is the founder of Form Developers and is known for posting images of apartment floor plans that are more accommodating of families with…
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