New townhouses for Grays Ferry near the Schuylkill River

    Apparently no one told Toll Brothers, Inc. about the economic slump.

    The company is in different stages of development in three different areas, and at various price points.


    Grays Ferry is seeing the most activity, the Business Journal reports, with ground being broken across from the existing Naval Square development. Eventually, the site will have 56 condos.

    Elsewhere in Philadelphia, the company is keeping its eye on the Stamper Square/New Market Pavilion property in Society Hill while launching a development of high-end single-family homes in Bucks County.

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