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 May news.
Real Estate Trends and Market Updates:
Philly housing costs rising faster for poor and middle-income residents than for the wealthy
What: A new study finds that from 2007-18, housing costs for those making below the national median income rose by 8 percent in Philadelphia.
Energy Efficiency Regulations Are Hitting U.S. Cities. How Can Property Owners Prepare?
What: How Philly builders can prepare for future energy efficiency regulations by partnering up with existing companies.
Why Are House Prices Higher in LGBT Neighborhoods? Buyers in Gay Areas Face Paying up to Four Times the Average Price
What: New study finds that properties with highly-concentrated numbers of LGBT couples can be up to four times as expensive as properties in other neighborhoods within the same city.
The Problem With Depending On Eds And Meds For A City’s Growth
What: Making the case for why Philly’s booming business in eds and meds brings in more investors, but not more jobs.
Openings and Up-and-Coming Development Projects:
Outside Philly’s Reading Terminal Market, a pedestrian plaza to come to Filbert Street
What: A new pedestrian-friendly plaza will bring more foot traffic, dining, and art installations to the space adjoining Reading Terminal Market.
Where: Philadelphia Inquirer
The Arts and Architecture:
In Philadelphia, a Small Living Prototype Aims to Go Where Other Developers Won’t
What: A fascinating look into the recently-built, award winning design of a home in Brewerytown that maximizes small lot space with surprising height.
Meet the Husband-and-Wife Team Behind Philly’s Coolest Hotels
What: The faces – and stories – behind the unique line of Lokal Hotels in Philadelphia (and now in Cape May!)
Where: Philly Mag
At Philly’s community gardens, growing frustration over their future
What: Philly’s urban gardens struggle to survive in the wake of increasing neighborhood development projects.