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Top News in Philly Development: February 2019

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 January news.

Openings and Up-and-Coming Development Projects:

A Novel Idea opens on East Passyunk Avenue
Where: Broad Street Review
When: January 3
What: A new, independent bookstore comes to South Philly, focused on promoting local artists.

A reported $12 million makeover for South Philly’s UA Riverview Plaza is underway
Where: Philly Voice
When: January 3, 2019
What: An update is on its way for the Riverview Plaza, as well as two other South Philadelphia shopping centers. Updates will include residential apartments.

A grocery opens in Point Breeze to bring affordable food to supermarket desert
Where: Philadelphia Inquirer
When: January 10, 2019
What: New grocery in the Point Breeze neighborhood of South Philly plans to cater to all residents, at all income levels, with affordable pricing.

Saxbys to build its own coffee roastery in South Philadelphia
Where: Philadelphia Inquirer
When: January 22, 2019
What: Saxbys will open its first roastery in the South Philadelphia neighborhood of Point Breeze.

Development permit signals progress at site near Amtrak’s North Philly station
Where: Philadelphia Inquirer
When: January 24, 2019
What: Plans for the site will include homes, research labs, and more.


Real Estate Trends and Market Updates:

These Chester County Towns Had Greatest Increases in Rent, Renter Population in Last Five Years
Where: Vista. Today
When: January 21, 2019
What: Philly burbs in Chester County among highest renter and rent increases.

Why we should be paying attention to how the world sees Philly | Editorial
Where: Philadelphia Inquirer
When: January 23, 2019
What: Papers from around the world have taken note of Philly’s drug and gun violence problem, while Mayor Kenney has launched a new campaign to change global perceptions of the city.

New publication highlights key issues facing Philadelphia’s economy
Where: The Philadelphia Tribune
When: January 24, 2019
What: The publication is over 200 pages long, and covers important economic developments and statistics in real estate, technology, health care, and more.

10 hottest affordable neighborhoods in America for 2019
Where: CNBC
When: January 16, 2019
What: Some of the most affordable neighborhoods in the country for 2019 include Philly burbs like East Mount Airy.

Philly property owners won’t have to pay increased taxes while they appeal 2019 assessments
Where: Philadelphia Inquirer
When: January 24, 2019
What: The latest word on property tax assessments in Philly.


Historical Properties and Building Preservation:

Shrine of St. Rita on South Broad protected from wrecking ball
Where: Plan Philly
When: January 25, 2019
What: Catholic Church on Broad Street, just across from the Broad Street Diner, receives a place on the register for historic places.


The Arts and Architecture:

Removed in secret, hidden for years, Philly schools’ art collection belongs in the public eye, officials now say
Where: Philadelphia Inquirer
When: January 6, 2019
What: Over 2,000 pieces of art will be back on display in Philly schools or as part of traveling exhibitions.

Popular LOVE Park granite keepsakes released after year-long copyright delay
Where: Billy Penn
When: January 18, 2019
What: 250 of the granite pieces from Love Park, complete with emblazoned replica of the Love statue, will be available for purchase.

Do you have questions about Philly’s changing neighborhoods and real estate trends? Reach out to Christina Briglia, Realtor, anytime at 267.231.5484 or phc(dotted)christina(at)gmail(dotted)com.

Category: News, Philly Real Estate