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      Top News in Philly Development: March 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 February news.

      Real Estate Trends and Market Updates:

      Philly Housing Market Is ‘White Hot’: Is Another Real Estate Bubble Looming?
      Where: NBC Philadelphia
      What: There’s new appreciation for Philly neighborhoods, as housing prices in South Philly, North Philly, and beyond have seen a drastic (and quite impressive) increase in numbers. However, with the housing prices increasing, there are some concerns for the future. Read more on NBC.COM to find out why.

      Philly-area home buyers will likely have more choices this spring, but competition will stay fierce
      Where: The Philadelphia Inquirer
      What: Though with spring there has been an increase in housing for sale, the Real Estate competition in Philadelphia continues to remain highly competitive. The Philadelphia Inquirer goes into detail on how the market will change, and what to expect for the future.

      American Real Estate Partners’ $15 Million Renovation of Philadelphia’s 1600 Market Street Focuses on Wellness, Productivity, and Creativity
      Where: Business Wire
      What: Philadelphia’s Center City office landmark at 1600 Market Street has just seen a 15 million dollar renovation from Real Estate leader AERP. The pandemic has shaped the renovation, and the building is now one of the first in Philadelphia’s Central Business District to achieve UL Industries Verified Healthy Building Mark.

      Philadelphia’s big law firms have planned for their office space post-pandemic
      Where: Philadelphia Business Journal
      What: With the pandemic starting to see new restrictions lifting, many in Philadelphia are wondering how office spaces will be affected in the future. Philadelphia Business Journal goes into detail on what big law firms are planning on how to utilize office space once more restrictions are lifted.

      The Real Estate Adventures of Six Philly Families Who Moved During the Pandemic
      Where: Philly Mag
      What: Philly Real Estate has seen a strong shift since the pandemic. After many restrictions were lifted, a surge in home-buying increased as people rushed to move. In 2020, the city has seen a surge in new residents from New York, as well as many Philly residents leaving the for the suburbs in search of safety.

      The Arts and Architecture

      Philadelphia lifts ban on outdoor events and parades
      Where: CBSPhilly
      What: Great news, Philly! Spring is here, and with it comes concerts, outdoor festivals, and parades. The city has announced that the Office of Special Events and Philadelphia Parks & Recreation will begin accepting special event permit applications.

      Awesome Things to Do in Philly for Spring 2021
      What: As more restrictions lift, see what fun is happening in Philly for Spring 2021 with this list of upcoming events! See what’s new at the Franklin Institute, The Philadelphia Zoo, Eastern State Penitentiary, and more!

      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