Alterra Property Group
Alterra Property Group is a Philadelphia-based real estate investment, development, and management firm.
It specializes in residential and mixed-use development (through APG Living) and industrial outdoor storage (IOS).
Alterra handles acquisition, development, leasing, and long-term asset management.
Address: 414 S. 16th St, Suite 100, Philadelphia, PA 19146
Phone: (215) 667-6830
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Demand Outpaces Supply as Center City Apartment Vacancy Falls
Apartment vacancy in Center City continues to decline even as developers accelerate conversions of distressed office towers into hundreds of new residential units, writes Paul…
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Local Real Estate Developer In Line to Acquire Recently-Shuttered McGlinchey’s Bar
McGlinchey’s Bar in Center City, which closed last summer after a decades-long run, could soon be under new ownership in Philadelphia real estate developer Alterra…
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New Report Details Who Has Been Moving Into Center City’s New Apartment Buildings
Center City has seen a major influx of new apartments in recent years and a new report breaks down the demographics of the individuals who…
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Best Places to Work in Philadelphia, According to Employee Feedback
The Greater Philadelphia area is home to some of the best places to work in the nation, writes Philadelphia Business Journal staff. For several years,…
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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…
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Wanamaker Building Conversion to Include Several Attractive Features and Amenities
Just over a month after officially completing its acquisition of the Wanamaker Building, TF Cornerstone has provided more details on what its conversion will look…
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Philadelphia Landmark Buildings Gaining New Life, Thanks to Developers
Local developers gathered at the recent “Conversion City” event to discuss the opportunities and challenges involved in repurposing Philadelphia’s landmark buildings, writes Paul Schwedelson for…
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Queen Village Surface Parking Lot Could Become 157-Unit Apartment Building
After several stalled attempts, the surface parking lot on Bainbridge Street on East Passyunk Avenue could finally become home to a 157-unit apartment building, writes…
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Philadelphia’s First Major Office-to-Residential Conversion Went Smoothly, Leasing Starts in March
Philadelphia’s first major office-to-residential conversion since the pandemic is set to be completed this spring, with leasing beginning in March, writes Jake Blumgart for The…
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Construction of New Apartment Building Replacing Former PHA Headquarters to Begin Next Spring
The apartment building planned to replace the former Philadelphia Housing Authority headquarters building is scheduled to break ground next spring, writes Sandy Smith for Philadelphia…
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Alterra Property Group Plans to Develop 300-Unit Apartment Building on SEPTA Land in Conshohocken
Alterra Property Group is planning to develop a 300-unit apartment building on SEPTA land in Conshohocken, writes Jake Blumgart for The Philadelphia Inquirer. The lot…
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West African Restaurant Kilimandjaro Reopens in University City After 4-Year Hiatus
Four years after it had to close its doors for a new development, West African restaurant Kilimandjaro is back in University City, writes Michael Klein…
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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…
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5 Reasons Why 1701 Market Street is Ideal For A Residential Property
1701 Market Street in Center City is now the former headquarters of Morgan Lewis & Bockius law firm, and since the move, Alterra Property Group…
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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…
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How Philadelphia Fills Vacant High-Rises Will Affect the Future of Center City for Good
With many high-rises in Philadelphia still vacant after the pandemic prompted many companies to shift to remote or hybrid work, the question remains how to…
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