Center City Philadelphia
September 13, 2011
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 […]
September 1, 2011
New Center City Philadelphia Restaurants Michael Klein wrote a great article that outlines the 60 new restaurants coming to Center City Philadelphia that included and interactive map! Not only does it include the names and locations, but also the project opening date. “Pockets of Center City, especially near Broad Street and Rittenhouse Square, are the hottest areas. The restaurant zone […]
August 30, 2011
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 […]
August 30, 2011
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 […]
August 26, 2011
Goodbye American Commerce Center, Hello 2nd Comcast Building? Center City – An article on Philly.com speculates about a possible second Comcast Building in the Center City Philadelphia skyline. A buyer affiliated with Liberty Property Trust purchased the lot on corner of 18th and Arch in Logan Square that could have been used to build the American Commerce Center Tower – […]
August 24, 2011
Philadelphia Real Estate And Beyond August 24, 2011 Homeowners Facing Foreclosure Increasing – The number of Americans at risk of foreclosure is rising, likely due to high unemployment. The Mortgage Bankers Association said recently that 8.44 percent of homeowners missed at least one mortgage payment in the April-June quarter. That figure, which is adjusted for seasonal factors, rose 0.12 percentage […]
August 18, 2011
Owner of Melrose Diner Purchases Broad Street Diner Philly.com reports that the owner of the Melrose Diner, Michael Petrogiannis, recently purchased and started improvements on the long closed Broad Street Diner. The diner, which has been closed for years, garnered city wide attention two years ago when Stephen Starr became interested in the property. Starr put the property under contract for […]
August 17, 2011
Philadelphia Real Estate and Beyond August 17th, 2011 MilkBoy Coffeee Opens Center City Location – MilkBoy Coffee has opened in Center City Philadelphia at the 11th and Chestnut location. The Philadelphia Main-Line based MilkBoy Studios and coffee shops has two previous locations in Ardmore and Bryn Mawr. This particular location is the first to have a liquor license and an […]
August 16, 2011
Perriers and Starr Open New Center City Philadelphia Restaurants Two prominent Philadelphia restaurateurs will open a new Center City restaurant in the coming weeks. As I blogged about previously, Stephen Starr, Philadelphia restaurateur extraordinaire will open an Italian restaurant, Il Pittore, at 2025 Sansom St., in late September/October. This project will be a collaboration with Chef Chris Painter, Starr Restaurant’s director of menu development. Also […]