Please enjoy this week’s edition of Capstone Law’s Philadelphia Real Estate Trends: Drexel University’s campus continues its robust growth. Hospitality 3 of New York announced plans to construct a 10 story, 212-room hotel on Drexel’s campus at 33rd and Chestnut Streets, based on the company’s successful “The Study” concept located at Yale University. The project — which will include a restaurant, fitness center, and banquet space — …
Massive New Multi-Use Complex on North Broad Street; PREIT Takes on Rittenhouse Row; and New Dorms Rise in University City
Please enjoy this week’s edition of Capstone Law’s Philadelphia Real Estate Trends: Developers continue to develop surface parking lots and abandoned buildings on the strip of Broad Street between Center City and Temple University. Just this week, Parkway Corporation unveiled plans to build a massive complex they’ve dubbed “Hanover North Broad” at Broad and Callowhill Streets. The two–building project will include 339 apartments and 17,000+ square feet of retail space. Parkway will unveil additional detail to the Philadelphia City …
Developments in and around Philadelphia’s Universities
As college students across the country head back to school this week, I turn my attention to the burgeoning real estate developments around Philadelphia’s universities. Temple University recently unveiled Morgan Hall, its new state-of-the-art dorm. By including modern amenities such as flat screen televisions and shared fireplaces, Temple is attempting to encourage students to remain on campus and foster a more …