Real Estate
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Chester County’s Commercial Real Estate Market Still Booming
During a recent meeting at the Chester Valley Golf Club, leaders in the commercial real estate industry recognized the top performers from last year, writes Brian McCullough for the Daily Local News. And the consensus is that Chester County’s commercial real estate market shows no signs of slowing down. “There’s a lot of both redevelopment…
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Residential Real Estate Market Thriving in Chester County
Home sales in Chester County and the surrounding show no signs of slowing down according to the latest figures published by Berkshire Hathaway HomeServices Fox & Roach, writes Sandy Smith for Philadelphia magazine. The number of properties sold in Chester County for the first quarter of 2017 was 1,266, compared to 1,156 for the same…
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For Some Professions, Including Teaching, Affordable Housing in the Area Is Hard to Find
Rising home prices and low inventory are making it even harder for middle-income Americans to buy a home, writes Cheryl Young for Trulia. The typical worker makes around $37,040 annually, according to the national median, while the average house costs about $254,900. This means that a worker on a median salary would have to spend…
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Newly Constructed Office Space Available for Lease in Downtown West Chester
Newly constructed, Class A office space in the borough of West Chester to be delivered in the spring of 2018 is available for lease. Floorplates of approximately 5,800 square feet each – the building will consist of three floors for a total of 17,400 square feet – are available at 535 North Church Street. [uam_ad…
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House of the Week: Pristine Estate at the Edge of the Brook
A glorious reflection of its three-story-high, fieldstone-faced facade ripples in a scenic pond surrounded by 24 acres of prime Chester County pasture. This is the Edge of the Brook, and it’s our House of the Week. Inside, Edge of the Brook features five bedrooms, 4.5 baths, a frameless-glass great room with a remarkable spiral staircase,…
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House of the Week: Picturesque Cottage with Modern Twist in West Chester
A picturesque, modernized home reminiscent of a fairytale cottage is on the market in West Chester, writes Sandy Smith for Philadelphia magazine. Located in the very heart of the borough, this four-bedroom home is designed for modern living, and offers plenty of room for both entertaining and quiet relaxation. The open living and dining room…
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Phoenixville’s Westside Set to Open Next Month
It’s close enough to Phoenixville’s burgeoning downtown but far enough away to be a quiet retreat with luxury amenities. The new storefronts and 171 apartments that make up Westside are nearing completion and are expected to open next month, according to a Philadelphia magazine report by Sandy Smith. “What sets Westside apart is the commitment…
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Desirable Office Space Available for Lease in Downtown West Chester
Approximately 1,000 square feet of basement space inside the Chester County Historical Society that would be excellent for a creative or startup business is available for lease at 225 North High Street in West Chester. Situated in a beautiful, professional building in a great location, across from the Chestnut Street Parking Garage, this space goes…
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Exton’s Hankin Group Hopes to Build Mixed-Use Neighborhood in North Philly
Exton’s Hankin Group is planning to bring its staple, the mixed-use neighborhood development, to Francisville in north Philadelphia, writes Jake Blumgart for the Philadelphia Business Journal. The Philadelphia City Planning Commission voted last week to recommend a bill that would change the zoning for the 1.5-acre site to CMX-3. This designation will allow the construction…
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Nudist Colony Planned for Barclay Grounds
By Barry Rabin In a startling turn of events, the Borough of West Chester announced yesterday that the historic “Barclay Grounds” will be turned into a nudist colony, effective this coming June. The surprise announcement came as the result of a plan put forward by the Barclay Grounds Preservation Alliance to enhance the “natural use”…
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House of the Week: Wooded Sanctuary in Berwyn
Ideal for someone looking to escape the everyday hustle and bustle, this beautiful woodsy home on a quiet cul-de-sac surrounded by nature is on sale in Berwyn, writes Taylor Carson for Philadelphia magazine. The front of the house is enveloped by a large, second-level deck, perfect for enjoying an early morning cup of coffee while…
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Malvern’s Liberty Property Trust to Demolish Recently Acquired Building in Philly
Malvern’s Liberty Property Trust has decided to demolish the former Support Center for Child Advocates building situated on land it recently purchased in collaboration with Comcast, writes Jacob Adelman for the Philadelphia Inquirer. Liberty hopes to begin the demolition process of the two-story building at 19th and Cherry streets in Philadelphia sometime next month, said…
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King of Prussia 2.0 Challenges Stereotype of the Millennial Habitat of Choice
It’s a phenomenon that puzzles sociologists who think they’ve figured out millennials and delights data scientists who defy popular belief about the supposedly city-centric trends. It’s the new Town Center at the heart of the Village at Valley Forge in King of Prussia, and it’s building a brand new downtown in the middle of a…
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Fueled by Thriving Economy, Chester County Experienced Housing Boom Last Year
Last year, Chester County families opened lots of new doors, and many of them led to new apartments. A thriving local economy contributed to a 94 percent jump in new apartment construction proposals, totaling 2,231 in 2016, as well as a 33 percent increase to 3,000 new multifamily housing proposals, according to the Chester County…
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House of the Week: Multi-Artisan Masterpiece in Malvern
Tutto Sorrisi was created by more than 300 artisans using expert craftsmanship and the finest of materials, and now, as one of the premier estates in the Philadelphia region, it is available for sale. The estate is located on a little more than four acres of perfectly manicured grounds that provide stunning views of Chester County’s…
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Toll Brothers Drops Home Count on Crebilly Farm Development
Luxury homebuilder Toll Brothers has erased 80 new home lots from its proposed Crebilly Farm development in Westtown Township as a response to concerns raised by neighbors. What was first introduced as a new development of 317 to as many as 397 homes is now limited to the first 317, according to a Daily Local…
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Greater Philadelphia Among Top Three of America’s Best Buyers’ Markets
Anyone looking to buy a home in the Philadelphia metro region is in luck, as new research released by Zillow puts the area among the top three of buyers’ markets nationwide, writes Shannon Rooney for the Philadelphia Inquirer. This news, however, may not be quite as welcome to sellers. The research has found price reductions…
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Vanguard Leases New Space in Center City to Attract Millennials
Vanguard is investing in the workforce of the future by establishing a new presence that’s surrounded by the past. The historic Center City office building that the Malvern mutual fund giant just leased boasts a look that’s “old, retro, and classic with large windows and rustic or industrial elements,” according to a Philadelphia Business Journal…
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