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      Top News in Philly Development: February 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 January news.

      Real Estate Trends and Market Updates:

      How Real Estate Can Be a Weapon in The Fight for a More Equitable Health Care System
      What: As the pandemic continues into 2021, with the COVID 19 vaccine beginning distribution this year, Health Care providers are under increasing pressure to find an answer on how they can improve their service. The answer? Real Estate. Bisnow explores how location can be used as a tool to find solutions on how they can step up to make sure those in marginalized communities who have been slammed by the virus, are getting the medical assistance they need.

      5 Philly Suburbs Attracting Homebuyers in 2021
      Where: The Philly Voice
      What: Looking to move to the Philadelphia area? It’s shocking to say, but consider the burbs. The ones around here are not at all what you’d expect (one of them is home to an annual Harry Potter festival with thousands of attendees every year). See why they’re THE best burbs to be in this spot-on listicle by the Phillyvoice.

      Close-to-Home Travel Boom Opens Profit Avenues for Homeowners and Real Estate Investors
      Where: The Philadelphia Inquirer
      What: COVID 19 has changed the way Americans vacay. More and more folks are looking to go on vacation a little closer to home, and places with access to fun outdoor activities that the whole family can enjoy, are in high demand. For homeowners looking to rent out space, The Philly Inquirer explains how these changes may be a good opportunity to venture into Real Estate investment.

      On The Market: Transformed Farmstead in Worcester
      What: Built in 1770, check out the stunning transformation of this historical Farmstead in Worcester, PA that has been 250 years in the making.

      Openings and Up-and-Coming Development Projects:

      42-Unit Mix-Used Building Rising in Kensington
      Where: Rising Real Estate
      What: Kensington is getting a behemoth of a building. The plans for this four story, 42-Unit complex include two commercial spaces, a roofdeck, and a 1,500 sq ft indoor courtyard — a great use for what was previously an abandoned lot.

      Brandywine To Break New Ground At Schuylkill Yards, Nears 1M SF In Life Sciences Pipeline
      Where: Bisnow
      What: Brandywine Realty Trust is bringing out the big bucks on developing a $287m mixed-use tower as part of a brand-new innovation neighborhood. Construction for the future is finally about to move forward on 3025 JFK Blvd. Check out the Bisnow article for detailed plans, as well as designs of what the new building is set to look like!

      The Arts and Architecture:

      PHA Forms Collaboration with Jumpstart Philly to Rehab Homes
      What: Philly homes are getting a makeover. The Philadelphia Housing Authority is starting a collaboration with Jumpstart Philly to rehabilitate homes in a push for more affordable housing. The homes in the partnership will be sold to people whose incomes are less than 80% of Area Median Income.

      Pennsylvania’s ‘Silence of the Lambs’ House is Turning into a Creepy Boutique Hotel
      Where: The Philly Voice
      What: Exciting news for fans of horror: soon, you can stay overnight at the famous PA home of fictional serial killer Buffalo Bill as seen in the 1991 classic, The Silence of the Lambs, as plans have been revealed to transform the house into a hotel for overnight stays.

      If you’re looking for your next neighborhood and not sure where to go, just ask your Philly Realtor, Christina Briglia, for help! 267.231.5484 or [email protected].

      Category: Blog, News