Phase two of Carpenter Green will break ground this summer with phase three scheduled for the fall
A lush oasis flourishing with sweetgums and sugar maples will soon blossom at the corner of 17th and Carpenter streets. Under a haven of canopy trees, children will gather at a water spring, cooling off and seeking serenity in the midst of dense urban space.
Nestled in the Graduate Hospital area, this eden of economic development and sustainability, known as Carpenter Green, is an ongoing brainchild of the South of South Neighborhood Association — or SOSNA — a nearly 20-year-old registered community organization, encompassing Broad Street to the Schuylkill River and South to Washington streets.
The View at Montgomery Hosts Resident Thank You Lunch
Students filled The View at Montgomery’s lobby on Thursday to celebrate its latest rankings as the “Best Student Housing Project in Philadelphia,” and as the 16th best student housing property in the nation by J Turner Research. The Goldenberg Group, the real estate developer of The View, held a lunch in the lobby as a thank-you to its residents for making this possible.
In September of 2017, building on the success of The View at Montgomery on the edge of Temple University’s campus, The Goldenberg Group began construction on a $199 million student housing community. This 470,000 SF mixed-use companion development located at 12th Street at 12th Street and Cecil B. Moore Avenue will feature 984 beds, best-in-class amenities, and panoramic views of the Philadelphia skyline [Read Full Article]
Updated: March 16, 2018 — 4:48 PM EDT
by Jacob Adelman, Staff Writer
Plans by Toys R Us to shutter its nationwide empire of big-box stores that sell toys, kids’ clothing, and baby goods are poised to empty nearly a million square feet of retail space in the Philadelphia region, a new headache for landlords already seeking tenants for properties vacated by other bankrupt and shrinking retailers.
Wayne, N.J.-based Toys R Us Inc. operates 34 Toys R Us and Babies R Us stores in Southeastern Pennsylvania, South Jersey and northern Delaware, accounting for 967,544 square feet of space, according to data compiled by real estate market tracker CoStar Group.
The chain owns just nine of those properties, leasing the others from commercial landlords who are soon to be faced with finding new tenants amid a dwindling pool of users of big-box spaces. [Read Full Article]
We can’t say exactly when it will happen, but sometime in the not-too-distant future, private cars will go the way of the dinosaur. For now, however, people continue to demand, and developers continue to build, houses and apartments across Philadelphia with substantial space devoted to car storage.
So let’s take a moment to applaud the new, darkly handsome apartment building at 1213 Walnut, the first Philadelphia high-rise designed for the post-ownership era. Not only is there no automobile parking on site, the 322-unit building boasts its very own woonerf, a narrow, curbless street that serves pedestrians and vehicles equally. The space allows ride-hailing vehicles and delivery trucks to do their work without tying up Walnut Street’s already congested bus lane. The open-air passage, which hugs the tower’s west side, like a continuation of Camac Street, also makes a great pedestrian shortcut. [Read Full Article]
You have your formal side and your casual side.
This new French-inspired home lets you express both.
Our Anglophilia serves us poorly in one respect: It doesn’t really let us let our hair down.
The center-hall Colonial, the product of that Anglophilia, is all about formality, reserve and propriety. But in these times, we’re more inclined to kick back and relax in a more casual environment where we can do as we please.
Yet there are times when formality is what’s called for. And many modern homes have no way to let you get dressed up.
Projects are sprouting up in Center City, King of Prussia, South Jersey and across the region. It’s an exciting time.
The Philadelphia Business Journal each year honors the Best Real Estate Deals of the year – anything from building sales to renovations to project completions. Through an extensive nomination process, we endeavor to honor the deals with the highest impact on the region – the gamechangers, if you will.
The first edition of this series spotlights the top 100 student housing properties of 2017 by online reputation. To compile our rankings, we tracked more than 1,100 such developments nationwide across various review sites.
In January 2018, we undertook an extensive national research project to study how students have evolved in their consumption of reviews and responses. Our research shows that harnessing the power of content in both reviews and responses is critical to generating an increase in student traffic. More than 21,000 students say that reviews continue to have a significant influence on their decision-making regarding housing. With that, students have become more perceptive about and discerning of the content of reviews. (The complete results of the survey will be unveiled at the 2018 NAA Campus Connex Conference, Feb. 13–14, in Orlando, Fla.) [read full article]
Goldman Sachs & Co. provides the $163mm non-recourse financing Volume 29 Issue 23 – December 8 – 21, 2017
PHILADELPHIA, PA — The Goldenberg Group has begun construction on a $199 million student housing development adjacent to its signature student tower, The View at Montgomery.
Located at 12th St. and Cecil B. Moore Ave., the 470,000 s/f mixed-use facility will feature 984 beds.
The project will incorporate 30,000 s/f of ground-level retail, restaurant and commercial space and activity areas.
The project represents the second and final phase of Goldenberg’s master-planned redevelopment of the 4.6-acre site of the former John Wanamaker
High School. This phase was designed to complement The Goldenberg Group’s existing 832-bed student housing development, The View at Montgomery. [Read Full Article]