Real Estate

Economic challenges are leaving projects on hold as developers struggle to secure tenants and financing.

The former Church of the Assumption has sat vacant for decades, and the building structure is considered unsafe by city regulators.

The Philadelphia Housing Authority has committed to rehabbing and renting the properties, but an anti-blight nonprofit could end up with them instead.

The public agency’s board of directors approved an agreement with the Philadelphia Sheriff’s Office on Saturday.

Opponents argue the changes would overwhelm the city’s zoning board while supporters hope it would curb nuisance businesses in Philadelphia neighborhoods.

The Sixers arena deal died in January, but two months later, City Council is finally changing the space back to its former zoning.

The economic impact of a smaller federal government in the region has meant fewer workers, canceled office leases, buildings for sale and some contracts terminated.

The public agency has funding to acquire new parcels for affordable housing and community gardens, but is still not a priority bidder.

Philadelphia has a smaller prime business district than most of its peers, but the largest vibrant mixed-use portfolio, a CBRE report shows.

The Philadelphia 76ers are no longer building an arena in Center City. But reviving the area is still on the table.

Camden officials touted an increase in market-rate housing prices by touring a zip code deemed the “hottest” in the Philadelphia region.

Allen says the time has come to downsize and spend more time with family.

Organizers expect to complete the next step in turning the Reading Railroad Viaduct into a park in a few months, but there’s a long way to go.

After more than two years of fierce debate, the Sixers have abandoned their plans for a downtown arena, surprising many city officials and residents. What's coming up next?

The sudden turn of events comes after Philly City Council recently approved a controversial plan to build an arena in Center City near Chinatown.