Development News
This section contains of everything you might need to know about real estate development news in Philadelphia—all of the new construction homes, condos, townhomes, and apartments. If there’s a major development happening, then our committed team of real estate agents are keeping you updated with everything you need to know.
We hope you enjoy the information we offer here! For a consultation with an experienced realtor, speak with one of our talented real estate agents or directly contact the CenterCityTeam office: 215.440.2093
July 3, 2015
Philadelphia is a great city, no doubt about it. One area in which the city lacks, however, is green public space. Philly is definitely something of a concrete jungle, with precious little parkland. That will soon be changing, however. It’s been announced that the city will turn its unused overhead railways into lush, green park space, similar to New York […]
June 22, 2015
The city of Philadelphia is currently in the midst of a hotel building boom. The building activity going on right now hasn’t been seen since the late 1990s. Builders are taking advantage of a wave of tourism, as well as business from convention-goers and those who come to Philly for work. Those who support the hotels’ building say that the […]
June 16, 2015
Big changes are coming to the Avenue of the Arts/Graduate Hospital neighborhood in Center City. A pair of vacant spaces are in the works to be developed on a grand scale. As the sites are situated in a highly-visible location in Center City, this is big news for the area. First up is a site that is currently a surface […]
February 12, 2015
A review by Philadelphia’s City Controller has found that there are over 100 buildings throughout the city that are abandoned and derelict enough to pose an “imminent threat.” Controller Alan Butkovitz is calling for the city to take action and tear these buildings down. Abandoned buildings pose a number of potential hazards. Troublemakers and the homeless may “squat” in these […]
November 3, 2014
There might soon be a gorgeous new boutique hotel in Center City. Per a proposal submitted by Councilman Kenyatta Johnson, the 300-room Hudson Hotel could rise at the corner of 17th Street and Chancellor. It would replace Little Pete’s, the iconic diner known as a local late-night hangout, as well as a run-down eyesore of a parking garage. It would […]
August 29, 2014
Labor Day weekend is upon us! Time to fire up the grill for one last summer cookout, prep the kiddos’ first-day-of-school duds, and enjoy wearing white before it’s officially a social faux pas. Believe it or not, it could also be the perfect time to buy a home! Logic dictates that real estate is slow over long holiday weekends, but […]