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Real Estate
City Council President Darrell Clarke’s first big legislative move of 2021 was to reup a push for more control over real estate development in the city.
4 years ago
Developer, nonprofit petition to take over abandoned Reading Viaduct station
Arts & Crafts Holdings and Scioli Turco filed for conservatorship under a Pennsylvania law that allows parties to petition for control of an abandoned property.
4 years ago
The rise of the ‘overlay’: How an obscure zoning tool is shaping Philly’s future (again)
In a year when many land use matters were disrupted by the pandemic, City Council created six new neighborhood overlays aimed at shaping development.
4 years ago
Listen 1:44South Philly lots named in FBI case against Kenyatta Johnson targeted for land trust
City-owned lots at the center of a soured redevelopment deal that ended with federal corruption charges are back on the market — with an unexpected twist.
4 years ago
How to shape Philly development in 2021
If you want a voice in community development, find avenues to engage beyond the comment threads, writes Camille Boggan.
4 years ago
Isaiah Zagar’s Painted Bride mosaic could survive in new plan for Old City site
The latest plans to redevelop the Old City Painted Bride HQ include the iconic tilework, marking a departure from past plans to tear down the mosaic.
4 years ago
Demolition in Philly dropped by half in 2020 — Is that a good thing?
The finding cheers preservationists but forecasts a possible slowdown in development in the city heading in 2021.
4 years ago
COVID didn’t stop Philly’s construction boom, but signs point to slowdown in 2021
Experts who monitor development trends say the future for dense cities like Philadelphia remains something of a question mark heading into 2021.
4 years ago
These Black developers want to show by example how to make it in a difficult, expensive industry
Bryheim Murray, of BKP group, recognizes that it’s a white industry and, because of that, it’s inherently harder for Black people to get involved.
4 years ago
The new regulations limit building height and ban some exterior building materials as well as roof decks.
4 years ago
Philly passes first-ever development impact tax, delays abatement reductions for another year
The new revenue generated by the 1% tax on residential development is intended to send millions of dollars towards new affordable housing projects.
4 years ago
Neighbors are winning concessions from developers — but not affordable housing
As Philadelphia sees a boom in multifamily construction, community groups are negotiating with developers. Affordable housing is an elusive target.
4 years ago
The study found that housing prices in the Philadelphia metro are about 10% higher than what the long-term cost trends suggest they should be.
4 years ago
Philadelphia moves toward creating a new construction tax and delaying abatement change
City Council is close to an agreement on a bill that would create a new tax on residential construction and push back a change to the city’s controversial development subsidy.
4 years ago
Less than a week before deadline, Wells Fargo relents on pandemic mortgage relief
Philly homeowners were approved for CARES Act aid, only to get rejection letters from the bank — which then reversed its position (again).
4 years ago