Please enjoy the SECOND ANNIVERSARY edition of Capstone Law’s Philadelphia Real Estate Trends: The far western portion of Center City along Market Street and John F. Kennedy Boulevard is smoking hot after suffering decades of grittiness. For example, PMC Property Group recently acquired a four block strip of land on John. F. Kennedy Boulevard between 20th Street and the Schuylkill River. PMC plans to transform this office-dominated …
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 …