Please enjoy this week’s edition of Capstone Law’s Philadelphia Real Estate Trends: The Center City District plans to cut the ribbon on the newly renovated Dilworth Plaza (now Dilworth Park) adjacent to Philadelphia’s iconic City Hall in a matter of weeks. CCD successfully transformed this previously uninviting (but centrally located) hunk of concrete into an exciting park and destination event space. When it opens in September, the park …
The Boyd Theater… Finally Saved?, Nordstrom Rack Comes to Center City, and a Casino Design Worth Celebrating
Please enjoy this week’s edition of Capstone Law’s Philadelphia Real Estate Trends: After decades of failed attempts, we hear that Philadelphia’s last remaining movie palace will indeed be saved. Rumor has it that iPic Entertainment of Florida intends to renovate the historic Boyd Theater into a 744-seat movie theater, complete with reclining chairs, pillows and blankets by 2015. The Boyd will also include food options from Tanzy …
Relationship Between Real Estate and Transportation
This week’s edition of Capstone Law’s Philadelphia Real Estate Trends focuses on the symbiotic relationship between real estate and transportation. The Center City District and the Central Philadelphia Development Corporation recently released their “How Philadelphia Gets to Work” report. The report found that 70% of Philadelphians rely on public transit to commute to work and that housing values generally held up far better during the recession …