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    Top News in Philly Development: April 2021

    Ever feel like Philly changes so fast you can’t keep up? No sweat. We’ll be bringing you our favorite articles from the month on Philly development – North, South, East, and West. See below for a roundup of all the best local articles from March news.

    Real Estate Trends and Market Updates:

    Five Tips for Buying an Investment Property in Philly
    Where: PhillyVoice
    What: Looking to begin a journey as an investor in Philly and don’t know where to start? Don’t miss out on these 5 essential tips for property investment in the City of Brotherly love — courtesy of PhillyVoice!

    Penn Experts Propose Solutions to Philadelphia’s Pandemic-fueled Gentrification
    Where: The Daily Pennsylvanian
    What: Read what Penn expert and Councilmember Jamie Gauthier has to say about gentrification in the city and their effective proposed solutions against it, as how the pandemic has affected the real estate market and affordable housing.

    More Single Women are Jumping into Home Ownership
    Where: The Philadelphia Inquirer
    What: In Philly, more and more single women are becoming homeowners. According to recent numbers, single women now own about 73,000 more homes than single men in the Philadelphia Metropolitan area.

    The Pandemic Stimulated Rather Than Slowed the Greater Center City Housing Market
    Where: Philly Mag
    What: The latest Center City District Housing report is in, and according to their numbers, there was a surprising increase in rent, construction, and sales volume in Center City, Philly — though housing affordability suffered.

    Openings and Up-and-Coming Development Projects:

    Saxum Real Estate to Develop 297-Unit Apartment Community in Philadelphia
    Where: ReBusinessOnline
    What: New Jersey-based Saxum Real Estate Cos. has unveiled plans to develop Fishtown Kensington Village, a 297-unit apartment community in the Fishtown area of Philly! The complex will feature a wide variety of housing units, from loft, studio, one- and two-bedroom apartments with stainless steel appliances, tile backsplashes and quartz countertops. Amenities will include a coworking café, two clubrooms, an industrial kitchen, lounge, two rooftop terraces and a fitness center!

    The Arts and Architecture

    After ads disrespect Philly street art, London oat milk brand faces backlash, calls to invest in local creators
    Where: billypenn
    What: There’s been some serious upset seen in the Philly street art community after a British Company placed edgy-looking advertisements over a large stretch of colorful artwork that helped brighten the city sidewalks.

    Category: News