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      Top News in Philly Development: July 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 June  news.

      Real Estate Trends and Market Updates:

      Multimillion-dollar housing market in Philly is going strong
      Where: Philadelphia Inquirer
      What: Here’s an interesting stat: less than 2% of owner-occupied housing in the Philly metropolitan area are valued above $ 1 million. But as more people in the luxury housing market are looking to buy in Philly, more developers are turning to luxury housing. 

      How can Philadelphia save its struggling transit system?
      What: As the pandemic comes to an end, cities and businesses are beginning to open, and get back to a more normal way of operation. This past year, Philadelphia lost more transit users than any other city. Check out what Mike Carroll, deputy managing director for the Office of Transportation, Infrastructure and Sustainability has to say about the city’s plans to improve public transit.

      City Of Philadelphia: Philadelphia Reopens: Here’s What’s Changing At Revenue
      What: Philly is beginning to re-open. The city has fully rolled back it’s Safer-at-Home rules. Check out this article to see what’s changed and how the city plans to move forward into a sense of normalcy. 

      At 27, she owns 26 properties and is holding a contest to renovate rooms in five Philly homes
      Where: Finger Lake Times
      What: At only 27 years old, Philly resident McIvor-Bennett owns 26 properties, most of them without mortgage. She has a plan to teach others in her community how to property too, and do so effectively. Finger Lake Times shares her story with this inspiring interview. 


      Openings and Up-and-Coming Development Projects:

      L&I Begins Demolition of Art Deco Landmark in North Philly
      What: Built in 1933, the historic site of the Levine Funeral Home has seen a history of neglect, property damage, and fires. Now despite efforts to preserve the historic site, the Philadelphia Department of Licenses and Inspections moves forward with tearing it down. 

      The Arts and Architecture:

      ‘Hamilton’ Tickets are on Sale now for Philadelphia’s Academy of Music This Fall
      What: If you’ve always wanted to see Hamilton live, now you can! Theater is back in Philly after a year-long wait. Tickets for the Philadelphia Academy of Music’s production of Hamilton are on sale now!

      This Philly Artist Is Leaving Paintings for People in Random Places Just Because
      What: A clever Philly artist known as ‘Jalapeno’ has been leaving paintings for people in random places, including bars and restaurants. Phillymag goes into detail about this exciting act of kindness and how its brought a little light during such a difficult time. 

      Category: Blog, News