Philadelphia
Health Centers Industry Sees Improvement in Suburban Philadelphia
A 43-acre retirement community in Doylestown is only weeks away from embarking on an extensive $11 million renovation project, PhillyBurbs.com reports.…
Continue reading →New Philadelphia Family Court Building Celebrates Milestone; Old Building Becomes Hotel
Philadelphia City officials and representatives of the Tishman Construction Corporation gathered last week to attend a topping off ceremony for the new Family Court building that is under development at the northwest corner of 15th and Arch streets.…
Continue reading →Realen Properties to Continue with Phase II of Edgewater Apartments
Construction is heating up in Center City Philadelphia as real estate developer Realen Properties of Berwyn, PA, and its finance partner Northwest Mutual Life are planning to break ground on Phase II of Edgewater Apartments, an upscale multifamily complex that was partially completed in 2006 before the economic downturn.…
Continue reading →Ardmore Township OKs Dranoff Properties’ $56 Million Luxury Project
The first phase of a complex revitalization effort in Ardmore is now closer to fruition as the developer, Dranoff Properties, unveiled the project’s official name: One Ardmore Place.…
Continue reading →Fishtown Neighbors Association Approves Wynn Resorts’ $925M Casino Proposal
The Fishtown Neighbors Association on April 8 voted in favor of a casino / resort development project that was pitched by representatives of Wynn Resorts Ltd., one of the six casino operators and developers who applied for a gaming license in Philadelphia.…
Continue reading →Developer Plans Mixed-Use Complex on Vacant Brownfield in South Kensington
A 2.5-acre vacant site in Philadelphia’s South Kensington that once housed the Absco Inc. steel plant could be redeveloped into an energy efficient mixed-use community. The development proposal comes from Canus Corporation, a local company that has already invested over $8 million in cleaning and decontaminating the site located at…
Continue reading →Camden City to Get First Supermarket in 30 Years
A joint venture between the Ravitz Family, who owns Supermarkets of Cherry Hill, Inc., and the Goldenberg Group, headquartered in Blue Bell, PA, is set to develop the first full-service supermarket in Camden in more than three decades. The newly announced investment—which will also feature the first-ever ShopRite in the…
Continue reading →$16 M Carrier Hotel Announced in Wilmington; Investment Group Buys $36 M Industrial Portfolio along I-95 Corridor
By Veronica Grecu, Associate Editor Private cloud and infrastructure service solution provider IPR International of Wayne, PA, has announced plans to transform its data center in Wilmington, DE, into a $16 million carrier hotel. This huge connectivity hub will be able to bring together a large number of networks and providers…
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