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Philadelphia Developers Drive New Residential Development This Summer
What’s New in Philadelphia: Philadelphia is welcoming new residential development this summer. GY Properties secures a $27.2 million loan for an upcoming project, and the famed Melrose Diner faces demolition to make way for a new apartment complex. A recent study also finds that green space may be more valuable to homeowners than previously realized,…
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Pittsburgh Construction Projects Push Ahead Amid Inflationary Pressure
Development Updates in Pittsburgh: Despite the fear of inflation and rising interest rates, Pittsburgh’s real estate market continues to grow steadily. Over eighty large construction projects across several asset classes are on the horizon, including office, mixed-use, retail, hotel, residential, hospital, and multifamily developments. A $5 billion investment will also fund the construction of over…
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Developers in Philadelphia Work on New Life Sciences & Sports Projects
Philadelphia continues to emerge as a life sciences hub, finally providing a new location away from Boston and the Bay Area. This means space is in extremely high demand with new life science development projects popping up all the time. The other big story in Philadelphia development news is the new 76ers stadium project that…
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Philadelphia Real Estate Developers Have Diverse Projects in the Works
There are so many great development projects all over Philadelphia and a great variety of projects. Everything from large residential projects to theme parks outside the city to several life sciences projects solidifying Philly as an industry hub.
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Pittsburgh Real Estate Market: Long-Anticipated Projects Take Off
Pittsburgh has been recognized as being in a state of transition for a while now. The city was once an old steel town and has since transformed into a modern-day tech hub. We are seeing many new development projects around the city that have been at the heart of this transformation. Below are notable projects…