developer: Vacant Land A Major Problem and/or Opportunity in Philly
- 09/30/10 11:28 AM
Since I work with a lot of real estate investors in Philadelphia I'm frequently asked about the vacant land parcels you see scattered about the city. Even in some of the nicest neighborhoods of Philadelphia you can find large chunks or single plots of vacant land that have been sitting for years without any change. Anyone who's lived near a vacant lot in the city knows the trouble they attract, and any developer who's ever tried to acquire land in Philly knows what a pain that can be. I found two articles from PlanPhilly.com (see below) that are do a great … (0 comments)
developer: Read up On Philly's Past, Present, and Future
- 08/10/10 12:20 AM
I'm headed out of town for a couple weeks - but before I leave I thought I'd share a few recent articles that might increase your knowledge of Philadelphia's past, its present, and its likely future. All are at least somewhat real estate related and I learned a bit from each one. I'll be back in town on the 24th of August, but if you need expert real estate advice before then I highly recommend contacting Tim Garrity at my office. He can be reached at 215-825-2250 x.1007 or tgarrity@brownmckinney.com. Read up on the recent "condo boom" in Philly - we're … (1 comments)
developer: New Mixed-Use Development Near Temple University
- 06/07/10 05:30 AM
New York-based developer Jonathan Rose Companies is joining with local non-profit Asociacíon Puertorriqueños en Marcha to develop a 200,000 square foot mixed-use development near the Temple University transit center at 10th & Berks in North Philadelphia. According to this Philadelphia Business Journal article the development will consist of 164 mixed-income apartments, as well as parking, retail space, and a community technology center. The published cost of the project is $48 million, about 1% of which is federal funding with the rest being funded by Jonathan Rose Cos. Jonathan Rose Cos. has a long track record of successful transit-oriented development (TOD) in … (0 comments)
Since I work with a lot of real estate investors in Philadelphia I'm frequently asked about the vacant land parcels you see scattered about the city. Even in some of the nicest neighborhoods of Philadelphia you can find large chunks or single plots of vacant land that have been sitting for years without any change. Anyone who's lived near a vacant lot in the city knows the trouble they attract, and any developer who's ever tried to acquire land in Philly knows what a pain that can be. I found two articles from PlanPhilly.com (see below) that are do a great … (0 comments)
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