Real Estate News
This section was specifically created by the Center City Team to provide the most up to date real estate news and data pertaining to the Philadelphia community. Find all of the real estate related news impacting Philadelphia and the surrounding suburbs.
We hope you enjoy the information we offer! If we can help you in any way, please speak with one of our talented real estate agents, or directly contact the Center City Team office: 215.440.2093
August 7, 2018
Fall will bring the groundbreaking of the hotly-anticipated condo/apartment hybrid building The Laurel. Situated at 1911 Walnut Street – the last vacant lot on Rittenhouse Square – the building will bring unprecedented luxury to an already well-heeled part of Philadelphia. The Laurel will stand 48 stories high, with retail on the first few floors, 20 floors of apartments, and condos […]
July 30, 2018
Selling a home entails so much more than simply listing a home on the MLS with a hope and prayer that buyers will find it. The art of real estate marketing for the Philadelphia market is something great realtors develop a sense for over time. Realtors who succeed do so because they have mastered out-of-the-box, creative ways to market homes […]
June 18, 2018
A stately, 108-year-old mansion in Radnor Township will be preserved as a mansion and open to the public. The Willows, a 10,000-square-foot house in Villanova that was built in 1910 and is owned by the township and has fallen into disrepair will be preserved, fixed up, and maintained as a public space after Radnor and a brand new private preservation […]
January 11, 2018
It’s on course to make one hell of a mark: the tallest, greenest, smartest building in Philadelphia. After a long period of anticipation, the Comcast Technology Center is due to open its doors this year. It will be the first “supertall” (read: mega skyscraper) building in Philadelphia, and a jewel in the crown of Center City. It was designed by […]
November 27, 2017
A rising apartment tower in the Market East section of Center City is adding 60 units of extended stay lodging to the 180 rentals that will be available upon completion. National Real Estate Development is building the tower as part of a large development project that includes apartments, offices, restaurants, a fitness club, and food markets, to be called East […]
February 21, 2017
They’ve been talked about for years now – including the rumor that Jay-Z and Beyonce were buying the penthouse – but the luxury condo units at 500 Walnut are nearing completion. Final work is being wrapped up on the building, and residents will be able to move in this summer. Developer Tom Scannapieco is making a name for himself as […]
February 14, 2017
Yet another business has chosen Center City as a new home. The downtown core of Philadelphia is one of the city’s hottest locations for real estate, as proven by the fact that a mutual fund company is opening an “innovation center” there. Vanguard’s headquarters are enormous and based in Malvern, Pennsylvania. The new location, situated at 2300 Chestnut Street, will […]
February 2, 2017
Three major rent reports turned in their January assessments yesterday. These rent reports give snapshots of the Philadelphia and nationwide rental markets and determine trends in pricing. The three biggest reporters can’t seem to agree on whether Philly is riding an upswing or on a downward trend when it comes to rental pricing. Philadelphia Magazine reports that the Zumper Rental […]