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Top News In Philly Development: September 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 August news.

Real Estate Trends and Market Updates:

Philadelphia, Southern New Jersey, Industrial Market: Everything investors Need to Know
Where: Rebusiness Online
What: Even through the COVID-19 pandemic, the demand for industrial real estate expansion continues to skyrocket to high levels – and Philly and South Jersey are booming.

3 Ways the Coronavirus Crisis is Expected to Shape Housing Prices in and Around Philly
Where: Philly Mag
What: An inside scoop on what to expect for the Philly Real Estate market amid Covid 19 uncertainty and a rocky economy.

Philadelphia’s Small and Midsize Business Landscape 
Where: PEW
What: PEW provides a look on Philly’s small and midsize business economy and how it’s changed throughout the years, as well as what may be in store for the city’s business market while the pandemic continues.

Despite Covid 19, Philadelphia’s Real Estate Market is Booming
Where: 6ABC
What: Data proves that the pandemic has not slowed down the Real Estate industry in Philly, as houses continue to sell and people continue to buy.

Apply Now: NEW SBA Loans for Businesses or Homes Damaged in the Philadelphia Riots
Where: BillyPenn
What: If your home or business was damaged during the riots from May 30th – June 8th, learn how you can get financial assistance to make repairs.

Thousands of New Homes in Development as Philly Economy Restarts 
Where: WHYY.org
What: Philly Real Estate continues to grow as thousands of new housing developments surge. Found out if there’s new housing near you!

Openings and Up-and-Coming Development Projects:

Philadelphia Chooses Developers for Big Navy Yard Expansion that Includes Housing 
Where: Philly Inquirer
What: The Navy Yard is getting an expansion, and the city has finally chosen developers to lead a major redevelopment push.

Hahnemann Goes Up for Sale, Billed as “Generational Opportunity”
Where: NBC10Philadelphia
What: The real estate once occupied by Hahnemann Hospital has gone up for sale. It is expected to garner interest from both local and national investors.

Penn Medicine’s New $1.5 Billion Tower is Ready to Accept Patients
Where: BillyPenn
What: Introducing The Pavillion: Philly’s brand new facility across from the University of Pennsylvania Hospital, which boasts over 120 state-of-the-art hospital rooms.

The Sports Betting Parlor of the Future Might be Philadelphia’s Largest Restaurant
Where: Sportico
What: Philadelphia is getting a brand-new sports center — though it’s not what many may think.

Brooklyn Bowl Music  Venue, Restaurant,  Bowling Alley Planned for Fishtown
Where: The Philly Voice
What: A spokesperson for Live Nation confirmed that the popular venue in Brooklyn’s Williamsburg neighborhood plans to develop the site formerly known as Revolutions Philadelphia on Delaware Ave.

Affordable Apartments to Rise at Former Site of Notorious North Philly Hotel
Where: Reading Eagle 
What: A 41-unit apartment complex is being planned to replace the Liberty Motel in North Philadelphia. The hotel gained notoriety for problems with drug use and crime.

The Arts and Architecture:

Historic Landmark Home on America’s Oldest Occupied Residential Street, Elfreth’s Alley is up for Auction
Where: MENAFN
What: A gorgeous pre-revolutionary war, circa 1703 Home is up for auction at Elfreth’s Alley!

300 Year-Old Northeast Philadelphia Home Restored to Preserve its Revolutionary History
Where: 6ABC
What: The Worrell Winter House is a 300 year-old historical landmark located in Northeast Philadelphia, and has recently been restored to preserve its history.

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 phc.christina@gmail.com.

Category: News
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