Real Estate
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Philadelphia Housing Authority CEO Has $6.3 Billion Plan to Address Philly Public Housing
The Philadelphia Housing Authority and its CEO Kelvin Jeremiah are on the verge of embarking on a $6.3 billion strategy to help address Philadelphia’s public housing challenges, writes Jake Blumgart for The Philadelphia Inquirer. The goal is to overhaul all 13,000 of its existing properties, building 3,000 new units, and buy 4,000 additional units in…
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Beagle Hill Farm in Malvern Up For Grabs After Extensive Transformation
Beagle Hill Farm, a stunning estate featuring a beautiful 1821 traditional farmhouse with a rich legacy, has recently hit the market in Malvern, writes Mathew Abraham for MSN. Set on 14.8 acres, this home blends classic architectural charm with modern luxury. Elegant details like white oak hardwood floors, arched doorways, and a curved oak staircase…
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First Bank House of the Week: Stunning New Construction in Chadds Ford
A stunning traditional home on 3.4 lovely acres with five bedrooms and four and a half bathrooms is available for sale in Chadds Ford. . . This expansive residence blends refined design with the comfort of modern living. Among the distinctive details are wide-plank hardwood flooring, upscale finishes throughout, and thoughtful architectural elements that enhance…
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New Owner Sells Fairless Hills Wawa Site for $6.5M, Eyes Future of Former Big Lots Space
Four months after purchasing the Fairless Hills Shopping Center, discount retail chain Ocean State Job Lot has sold the property’s Wawa site for $6.5 million, writes Paul Schwedelson for the Philadelphia Business Journal. The Rhode Island-based retailer sold the parcel at 530 Lincoln Highway in Fairless Hills in an off-market deal to a private buyer.…
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Ivyland Home Among Most Expensive Currently on Market in Pennsylvania
Priced at $5,995,000, Ivy Manor in Ivyland ranks among the most expensive homes that are currently on the market in Pennsylvania, writes Jon Dykstra for MSN. The 7-bedroom, 11-bathroom residence is situated on more than five perfectly manicured acres. Recently renovated by Zaveta Custom Homes, it features two one-bedroom apartments, a two-story in-law suite, and…
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Prime Commercial Property Hits Market in West Chester
Whether you’re a growing enterprise, a medical professional, or an investor looking for a solid asset in a thriving market, opportunity is knocking in West Chester at 839 Lincoln Avenue, Unit 3. Listed by Swope Lees Commercial Real Estate and located in the Lincoln Industrial Park, near Chester County Hospital, the property offers a versatile…
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Toll Brothers Plans 115 Active-Adult Carriage Homes in Upper Southampton Township
Toll Brothers recently acquired 37 acres of undeveloped land in Upper Southampton Township for $7.2 million, where it plans to build 115 active-adult carriage homes, writes Paul Schwedelson for the Philadelphia Business Journal. The development, located at 984 Second St. Pike across from Tamanend Community Park and aimed at people ages 55 and older, will…
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Eagleview Town Center Unveils 2025 Summer Event Lineup
Eagleview Town Center has revealed its 2025 summer event lineup, featuring an expanded schedule of live music performances, family movie nights, seasonal farmers markets, and outdoor fitness classes. The 2025 schedule promises to be the most vibrant yet, with new and returning activities scheduled from May through August. “Our summer events program has become a cherished…
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Homebuilder Eyes Chester County With Proposed Age-Restricted Community in Penn Township
Reading-based Berks Homes is currently considering entering the Chester County market with a proposed 239-unit age-restricted development in Penn Township, writes Ryan Mulligan for the Philadelphia Business Journal. The project on Corby Road includes 103 single-family homes, 128 townhouses, and eight twin units. The 55-and-over community would span 124 acres on both the north and…
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First Bank House of the Week: Stunning Mid-Century Modern on 54 Acres in Unionville
A stunning mid-century modern home on 54.5 gorgeous acres with six bedrooms and six and a half bathrooms is available for sale in Unionville. . . Westview offers a harmonious blend of architectural elegance and pastoral tranquility, hiding in one of Chester County’s most coveted locations. Many sophisticated details include curved walls, polished Italian marble…
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1,100 New Apartments to be Added to Center City As Office Conversion Projects Continue
Center City is preparing to add more than 1,100 new apartments as countless office-to-residential conversion projects continue to take place throughout the area, writes Paul Schwedelson for the Philadelphia Business Journal. Through these projects, Philadelphia gets to address the dropping office vacancy rate while also increasing the city’s tight housing supply simultaneously. “In some cases,…
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Bryn Mawr Mansion is a $2.8M Castle in the Main Line
A stunning Bryn Mawr mansion blends Tudor elegance with brick grandeur, writes Lisa Dukart for the Philadelphia Inquirer. Listed at $2.795 million, the 6,164-square-foot residence at 1100 Green Valley Rd. offers a private, estate-like setting on nearly two acres in Lower Merion Township. From the moment you pass through the gated driveway, the home makes…
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Local Brewing Company Eyes West Chester for Possible Expansion
Local brewery Tired Hands Brewing Co. has its sights set on West Chester for a new brick-and-mortar location, writes Emma Dooling for the Philadelphia Business Journal. The brewery is currently undergoing a rebrand that includes introducing several new locations, expanding its food and drink menu, renovating interiors, and formally changing the name of the Ardmore…
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Real Estate Firm Buys Malvern Corporate Center for $23.1 Million, Down 42 Percent from 2021 Price
Time Equities, a New York real estate firm, has purchased a five-building Malvern office park for $23.1 million, 42 percent less than its 2021 selling price, writes Paul Schwedelson for the Philadelphia Business Journal. The seller was Bridge Investment Group, which acquired the 280,025-square-foot Lindenwood Corporate Center four years ago for $39.6 million. The office…
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First Bank House House of the Week: European-Inspired Opulence in Cochranville
A European-inspired traditional home with four bedrooms and four full and two half bathrooms is available for sale in Cochranville for $3,950,000. . . Situated on 38 stunning acres, this enchanting residence reflects the spirit of an old-world retreat. Classic French windows with transoms, a carved staircase from the Dodge Estate, and aged chestnut flooring…
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Home Prices Up 57 Percent In 2 Hot Delco ZIP Codes in First Quarter
The Wayne real estate market is on fire. Broomall is also hot, writes Joanne Drilling and Ryan Mulligan for the Philadelphia Business Journal. Wayne ranked as Philadelphia’s hottest housing market in Greater Philadelphia for the first quarter of the year, with average home sale prices up to $1.18 million. That’s based on the Journal’s analysis…
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Penn’s Purchase Across from Peddler’s Village to Shed ‘Eyesore’ Ghost Town Label, Set for Redevelopment
Penn’s Purchase, the long-vacant retail outlet center across from Peddler’s Village, is set to shed its “eyesore” ghost town label, with redevelopment finally on the horizon, writes Lacey Latch for the Bucks County Courier Times. For the project, old store buildings will be demolished and replaced with luxury housing and new retail spaces. The new…
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HSN Hosts List Florida Homes as QVC Sister Company Relocates to West Chester Campus
Several HSN hosts have put their homes on the market ahead of the company’s move to its parent company QVC Group’s headquarters in West Chester, writes Ashley Gurbal Kritzer for the Philadelphia Business Journal. QVC Group acquired longtime competitor HSN eight years ago and now plans on shutting down its St. Petersburg campus, and transferring…
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