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

September 14, 2011

Art Musuem Neighborhood Gets New BYOB Isabel

Art Musuem Neighborhood Gets New BYOB Isabel As pointed out by NakedPhilly, Isabel, a BYOB by the owners of the Thai restaurant Trio – Van Chau and Michael Poole- is coming soon to the bottom floor commercial space at 2601 Pennsylvania Avenue. The space was previously used as a coffee and bagel shop.  Isabel will serve food with a Mexican-California […]
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September 14, 2011

Philadelphia Real Estate and Beyond September 14, 2011

Philadelphia Real Estate and Beyond September 14, 2011 Hotel Monaco Breaking Ground, Opening Summer 2012- The Hotel Monaco Philadelphia, part of the Kimpton Hotel Group, will break ground imminently and open next summer. The hotel will overlook Independence Mall in the historic Society Hill neighborhood and be located adjacent to the Bourse and the National Museum of Jewish History. The […]
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September 13, 2011

Penn Park Will Connect UPenn to Center City

Penn Park Will Connect UPenn to Center City The University of Pennsylvania’s latest real estate acquisition used to be a 14 acre parking lot for mail trucks according to a recent Philly.com article. After investing two years and 46 million dollars the land has been transformed in Penn Park  the centerpiece of Penn’s long term plan to connect the 283-acre […]
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September 7, 2011

Philadelphia Preservation Alliance Compiling Annual Endangered Real Estate List

The Preservation Alliance for Greater Philadelphia  is currently compiling its annual list of Endangered Properties from nominations submitted by concerned citizens in the Philadelphia real estate community. The 2011 list will be released in December in an attempt to draw attention to historic real estate and to garner support for preservation. The Alliance has been distributing the annual list of […]
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September 3, 2011

New Investors Attempt To Revive Foxwoods Casino

New Investors Attempt To Revive Foxwoods Casino According to Philly.com a new investor team is attempting to revive the Foxwood Casino project however gaming regulators in Pennsylvania claim they don’t have the authority or desire to reinstate Foxwood’s revoked casino license.  Foxwoods lost its license last December and they are now trying to extend their appeal in Pennsylvania Commonwealth Court.  […]
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August 31, 2011

More on Toll Brother’s Headhouse Square Project in Society Hill

More on Toll Brother’s Headhouse Square Project in Society Hill Society Hill – Coincidentally, Planphilly.com posted an article today on the Toll Brother’s Society Hill project I blogged about yesterday.  Here’s the latest update from their article. Toll Brothers wants to build a 70-unit, low-rise condominium on the site of the failed NewMarket development in Society Hill.  The location, between […]
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August 30, 2011

City of Philadelphia Negotiating With Reading Viaduct Owner

City of Philadelphia Negotiating With Reading Viaduct Owner Loft District – Philly.com reports that The Center City District and SEPTA are working on a legal agreement to start the process of creating a park on the SEPTA-owned portion of the remaining Reading Viaduct. The Center City District received grants from two foundations to pay for design work for a park, and that […]
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August 30, 2011

Toll Brothers Coming To Headhouse Square in Society Hill?

Toll Brothers Coming To Headhouse Square in Society Hill? Society Hill – According to Philly.com, Toll Brothers has until August 31st to exercise an option to acquire a site of the NewMarket restaurant and retail center, between Front and Second, Pine and Lombard, on the east end of Society Hill, for a condominium development. New Market, as it was originally known, also […]
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August 28, 2011

30th Street Station Next Great University City Outdoor Space

30th Street Station Next Great University City Outdoor Space University City – According to www.UniversityCity.org, the next great Philadelphia outdoor space is coming to the areas surrounding 30th Street Station.  Currently the area remains nameless and there is a contest to name it.  Here are some of the details and renderings from the website. Name Philadelphia’s Next Great Public Space! […]
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