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Top News in Philly Development: October 2020

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 September news.

Real Estate Trends and Market Updates:

New Data Confirms The New York-To-Philly Migration Of 2020 Is Real

Where: bisnow.com
What: Heard about the mass exodus of New Yorkers to Philly? New Data suggests that it’s true, and Philly will see a surge in population continuing through 2020.

A closer look at the Durst Organization’s $2.2 billion Penn’s Landing development

Where: Philly Inquirer
What: Penn’s Landing is getting a re-imagining from New-York based Durst Organization, which will be introducing 12 new buildings to the area.

Why the Coming Foreclosure Crisis Will Look Nothing Like the Last One

Where: Philly Inquirer
What: Despite the pandemic, new findings suggest that 2020 foreclosures will be significantly mild in comparison to the financial carnage of 2008 to 2010.

Philadelphia Commercial Real Estate Wrap-Up – August 2020

Where: cpexecutive.com
What: Philly is undergoing changes in 2020, find out how the Real Estate market has been affected and what’s in store for the future of new developments.

Philadelphia Office Market Enters Wait-and-See Mode

Where: rebusinessonline.com
What: A recent report from JLL found that nearly 96 percent of all office-using jobs are still intact following the onset of COVID-19.

Black Designers Demand Equity and Justice in the Built Environment 

Where: HiddenCity
What: Community Futures Lab (CFL), a project by Black Quantum Futurism/The AfroFuturist Affair, sought to bring empowerment to neighborhood residents in North Philadelphia. From May to April in 2017 CFL popped up along Ridge Avenue, to provide a space for designers and builders to come together for discussion.

Openings and Up-and-Coming Development Projects:

International Flights Can Resume At Philadelphia International Airport Monday After 5 Month Ban Due to Covid 19

Where: CBS Philly
What: Philadelphia International Airport will resume service, find out which countries are open for travel.

Fashion District Welcomes New Shops as it Celebrates its First Year of Successful Operations
Where: WFMZ-TV
What: The Fashion District celebrated its one-year anniversary in September. Since opening, it’s brought 70 tenants, ~1,000 jobs, and ~700K visitors per month!

The Arts and Architecture:

The Fresh Prince of Bel-Air house available for rent on Air B-n-B

Where: baltimoresun.com
What: The beautiful home from The Fresh Prince of Bel-Air is now available on Airbnb, in celebration of the show’s 30th Anniversary!

How a 200-Year-Old Gift From Benjamin Franklin Made Boston and Philadelphia a Fortune

Where: mentalfloss.com
What: The story of how a gift from Benjamin Franklin led to the creation of the Franklin Institute, a tech school in Boston, and 200 years of help for tradespeople and students.

Category: News
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