Residential Development
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Brevet Capital Lands $150M Loan for 36-Story Apartment Tower on South Philadelphia Waterfront
New York-based Brevet Capital Management has obtained a $150 million construction loan to build a 36-story residential tower on the Delaware River waterfront, writes Paul Schwedelson for the Philadelphia Business Journal. The 620-unit apartment complex will be located at 1341 S. Christopher Columbus Boulevard in the Pennsport neighborhood of South Philadelphia. The construction loan was…
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Local Farmer Declines Multi-Million Data Center Bid to Preserve Land Instead
A farmer in nearby Cumberland County has turned down a multi-million dollar bid to use his farmland for a data center thanks to a partnership with the Lancaster Farmland Trust, writes Dan Sullivan for Lancaster Farming. Data center developers offered farmer Mervin Raudabaugh over $15 million for his 261 acres of farmland. Thanks to a…
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Buckingham Dispute Ends as Plans Shift from Warehouse to Housing
A years-long dispute over the DiGirolamo Tract in Buckingham has finally ended with a new agreement that replaces warehouse plans with housing, writes Michele Haddon for the Bucks County Courier Times. Buckingham Township officials and the No Buckingham Warehouse group issued statements saying that they have signed a stipulation agreement along with developer J.G. Petrucci…
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Residential Future of Kennett Square’s NVF Site Debated
During the January 5 Kennett Square Borough Council meeting, debate and opposition emerged on whether to advertise rezoning the National Vulcanized Fiber (NVF) company site from industrial to residential, writes Jen Samuel for The Daily Local News. When the issue appeared on the agenda, many residents and some council members voiced concerns about the community’s future. The council ultimately…
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Mixed-Use Development Brings Big Changes to Ardmore
A major mixed-use development will add hundreds of apartments to a key stretch of Ardmore, writes Paul Schwedelson for The Philadelphia Business Journal Radnor Property Group will begin construction in January on The Piazza at Ardmore, a $187 million project at 100 W. Lancaster Ave. The development will include 270 apartments, about 30,000 square feet…
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Long Vacant Ivyland Commercial Site Slated for Apartment Building Development
A former tractor warehouse in the heart of Ivyland, unused for more than a decade, is slated for transformation into a small apartment building, writes Lacey Latch for the Bucks County Courier Times. The building on the corner of Greeley and Wilson avenues will feature four apartments, two on each floor, along with eight off-street…
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Project for 32-Townhomes Gets Final Approval from Warrington Officials
Following several years of planning, Warrington Township officials have voted unanimously to move forward with a project that will construct 32 townhomes on a 4.52-acre property on Easton Road, writes Lacey Latch for the Bucks County Courier Times. The property at the Georges Lane intersection will be split into four townhome sections, while also providing…
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WSJ: Fort Washington’s Toll Brothers Signals a Slower Growth in 2026 Housing Market
Fort Washington’s Toll Brothers is entering the new fiscal year with a more cautious outlook, writes Katherine Hamilton for The Wall Street Journal. The luxury homebuilder reported stronger revenue to close out 2025. Still, it projects 10,300 to 10,700 home deliveries in fiscal 2026, slightly below Wall Street expectations. Company leaders say demand remains uneven…
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Formerly Farmland, New Mixed-Use Community Planned for New Garden Township
Stonewall Capital, a Baltimore-area developer, is planning a massive mixed-use project on former farmland in New Garden Township, writes Melody Simmons for the Philadelphia Business Journal. Construction on the $300 million White Clay Point development is scheduled to begin next fall. The project will include 622 residential units, a grocery store, and a Wawa convenience store, as well…
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New Zoning Clears Path for The Former Willow Grove Navy Base’s Transformation
Horsham Township is taking a decisive step toward the long-awaited redevelopment of the former Willow Grove Navy base, writes Lacey Latch for Bucks County Courier Times. Town Council unanimously approved a comprehensive zoning amendment that aligns the 862-acre property with the 862 Rise master plan first endorsed in 2012. The update replaces the site’s outdated…
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Philadelphia Macaroni Co. Building in Bella Vista to Be Converted to Residential Project
Plans are underway to convert the Philadelphia Macaroni Co. building in Bella Vista into residential space with 47 apartments, writes Paul Schwedelson for the Philadelphia Business Journal. A permit has already been issued to add a floor to the three-story former pasta factory at 1101 Catharine Street, just a few blocks from the Italian Market.…
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Newtown’s Steeple View Project Enters New Phase With Fresh Leadership
The Steeple View redevelopment in Newtown is entering a new phase with a new owner, fresh vision, and a new name: Liberty Centre, writes Jeff Werner for the Patch. Jim Worthington, a Newtown businessman, presented sketch plans with a team of professionals for a 125-unit residential development on eight acres in the center of the…
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Proposed Roxborough Development Plans 384 Apartments with 380 Parking Spaces
A proposed residential development in Roxborough near SEPTA’s Ivy Ridge Regional Rail station would include 384 apartments and 380 parking spaces, writes Jake Blumgart for The Philadelphia Inquirer. Located at 4889 Umbria Street, the development site contains several repurposed industrial buildings housing businesses like Love City Vintage Furniture and Javies beer distributor. Most of the…
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Toll Brothers Brings 275 New Luxury Homes to Bucks County
Fort Washington-based homebuilder Toll Brothers is working on several residential projects across Bucks County, bringing 275 new luxury homes to the region, writes Lacey Latch for the Bucks County Courier Times. Construction has begun on an age-restricted community along Second Street Pike in Upper Southampton Township, with 115 carriage homes and a 1,600-square-foot clubhouse. The…
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Hahnemann University Hospital Campus’ New Owner Plans Nearly 300-Unit Apartment Conversion
It has been five months since Dwight City Group placed its initial $16.25 million bid to acquire the buildings that formerly comprised Hahnemann University Hospital. The bid has finally been approved and with the sale expected to close by the end of the year, the New York-based developer has confirmed its plans, writes Jake Blumgart…
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New York Developer Proposes New Tower on Columbus Boulevard, Tying Project to Delaware River Trail Extension
A New York developer plans to build a 620-unit, 36-story building on Columbus Boulevard in South Philadelphia, taking advantage of multiple zoning bonuses to create a taller and denser project than would otherwise be permitted, writes Jake Blumgart for The Philadelphia Inquirer. In exchange, Brevet Capital Management, based in Manhattan, will provide funding for Philadelphia’s…
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Post Brothers Lands $170M for Piazza Alta Expansion in Northern Liberties
Philadelphia developer Post Brothers has landed $170 million in financing for the second phase of the Piazza Alta, its Northern Liberties apartment project, writes Paul Schwedelson for the Philadelphia Business Journal. The loan was originated by Affinius Capital, based in San Antonio, Texas. The next phase of the project will include 431 units across two…
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New Senior Affordable Housing Project Nearing Completion in Bristol Township
The Lighthouse on Norton Avenue, an affordable housing project for seniors, is nearing completion and getting the final touches in Bristol Township, writes Lacey Latch for the Bucks County Courier Times. The project will create 51 affordable one- and two-bedroom apartments for seniors ages 55 and older along Norton Avenue. Rev. James Evans III, who…
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