Glenmoore native and Villanova resident Albert M. Greenfield III – a real estate developer, philanthropist, and grandson of Mr. Philadelphia – has died at 65, writes Gary Miles for The Philadelphia Inquirer.
Greenfield, who graduated from Penn Charter, made it his life’s work to carry on the family legacy of local real estate development and philanthropy started by his grandfather. Albert M. Greenfield was a Philadelphia real estate magnate and philanthropist, and Albert M. Greenfield Jr. was a real estate company chairman and civic leader.
After the family company was sold, Greenfield III was instrumental in reacquiring it in 1990. Later, he took on numerous real estate development projects, some of which caused controversy.
One of his goals was to make Chestnut Street a pedestrian-friendly zone and he built and renovated numerous projects in Center City, Manayunk, and elsewhere throughout the region.
“He had the ability to see what could be,” said Wendy Greenfield, his wife.
Greenfield also served as an Albert M. Greenfield Foundation board member. There, he played a key role in several important initiatives and grants, including the development of Dilworth Park and the establishment of the Arden Children’s Theatre.
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