Please enjoy this week’s edition of Capstone Law’s Philadelphia Real Estate Trends: The Center City apartment construction boom continues. Last week, the Mormon Church unveiled plans to construct a 32-story apartment building near its Mormon Temple currently under construction at 1739 Vine Street. The new high-rise will include 258 market-rate apartments, 13 townhouses and 12,000 square feet of street-level retail space. Unlike many other recent high …
A New Downtown for Devon, PA; Hotel Subsidies Persist in Philadelphia and the ZBA Approves Rodin Square
Please enjoy this week’s edition of Capstone Law’s Philadelphia Real Estate Trends: In addition to announcing plans to add approximately 2,000 jobs to its Philadelphia Navy Yard headquarters, Urban Outfitters entered into a lease for the former Waterloo Gardens in Devon. Urban plans to transform this 6.5-acre site into Devon’s first true downtown. This “lifestyle center” will include an upscale garden center, a boutique hotel, a speciality foods market, a spa, …