October 27, 2014 |
New construction in Center City is booming, particularly projects by builders of $1 million-plus single-family homes. In fact, developers can barely keep up with demand from empty-nesters, émigrés from the suburbs, upwardly mobile families with children, and One Percenters who want to replicate 5,000-square-foot homes in an urban neighborhood. "People want new construction," said Atrium Group architect Shimi Zakin, who with developer Victor Agiv is building seven $1 million-plus homes on the 100 block of Church Street.
February 20, 2008 |
Snow began falling as afternoon slid into evening. With the lights of Center City twinkling around and below her, Jane Miles stood by the vast expanse of windows that line one side of her new 27th-floor condominium in Symphony House, watching. "The snowflakes look so big up here," she said, more than a little awe in her voice. "With all the cars whizzing by in the streets below, it's like being in another world. " A world high above Philadelphia that, even a few years ago, Miles and her husband would have been very exclusive residents of. But as condo towers grow more commonplace in the city, taller, well-heeled buyers are choosing to feather their nests in the clouds - or as close as several hundred feet above street level can get them.
October 28, 2014 |
Liberty Property Trust plans to spend $900 million putting up Comcast 's second tower over the next three years. That works out to about $600 a square foot to build. Last week, the owners of 2.0 University Place, a year-old green-roofed building west of the Drexel campus, put it up for sale at $46 million, or $469 a square foot. That's not quite as much as the Comcast tower - but roughly three times what the city's dominant landlord, Brandywine Realty Trust , was paying for central Philadelphia office towers just a few years back.
April 30, 2014 |
NEW YORK - Stylist Brittany Chenault is shopping for spring brights in Century 21 Department Store's cavernous men's section for singer Nick Lachey to wear on VH1's Big Morning Buzz Live . The 26-year-old Brooklyn-based fashionista is a regular at the discount store's downtown flagship. On Monday morning, Chenault's rolling red shopping basket overflows with gingham prints, warm orange hues, and lots of denim. Stylists, she says, shop at Century 21 a lot. "You can get great things at a great price," she says, sifting through racks of fitted menswear from runway faves Viktor & Rolf and Dsquared2.
October 28, 2014 |
The latest plan for Philadelphia's most expensive grassy field - at 1919 Market St. , the gap in Center City's skyscraper row - is to dig it up and build a 29-story, 321-apartment, $140 million glass-walled tower, owner Brandywine Realty Trust said Monday. There have been other plans for towers on the site, before and since Brandywine bought the lot in 2011. But this time the money is committed, and work is to start immediately, Brandywine says. Its new partner is Berwyn-based LCOR CalSTRS , a successor to the former Linpro Co. , which invests for the giant California State Teachers Retirement System . Brandywine previously planned a little more business and a little less housing at the site with partner Independence Blue Cross , whose headquarters is next door.
October 23, 2014 |
A dark-colored Pathfinder crashed into the side of a medical building on Chestnut Street in Center City just after 9:15 p.m., breaking the calm on a pleasant fall evening as fire, police and other first responders rushed to the scene. The driver, a man whose name was not released, was rushed to Jefferson Hospital, where he was in stable condition with unspecified injuries, said Philadelphia Police Sgt. Rich Paraschak. No other injuries were reported. The scene at 833 Chestnut was filled by fire trucks, police cars and bystanders strolling the neighborhood who stopped to take cellphone photos of the vehicle protruding from the ground level of the building known as Jefferson Medical Offices.
September 25, 2014 |
Update: Two men and a woman surrendered to police Wednesday morning to face charges in the Sept. 11 beating of a gay couple in Center City. Accompanied by their lawyers, Philip Williams, 24; Kathryn Knott, 24; and Kevin Harrigan, 26, turned themselves in at Central Detectives, 401 N. 21st Street in Franklintown. The three, all from Bucks County, are to be charged with two counts each of aggravated assault, simple assault and related offenses, officials say. Earlier story: The Philadelphia District Attorney's Office has approved charges against two men and a woman in an assault in Center City that seriously injured a gay couple, sparking outrage in Philadelphia and across the country.
October 27, 2014 |
To which socioeconomic class do you belong? According to a report presented in Los Angeles last month to the CityLab Conference of Mayors and City Leaders, if you live, for instance, in Manayunk, Society Hill, Wynnefield or Fox Chase, you probably are a member of the "creative class. " Members of this "knowledge-based" class comprise more than 75 percent to 88 percent of the population of these and other neighborhoods within the city limits, the majority in and around Center City.
October 25, 2014 |
On its first day open to the shopping public, Century 21's new Philadelphia department store was hopping Thursday with a curious lunchtime crowd of men and women, young millennials with dyed hair, mothers pushing baby strollers, and masculine sports fans in Eagles jackets and caps. And the high price tags for some luxury items on offer in the old Strawbridge & Clothier store at Eighth and Market Streets didn't seem to scare anyone away. At the store's entrance inside the Gallery, Carol Goodlett wandered in to inspect the designer sunglasses, jewelry, gloves, perfume, and handbags, like a Dolce & Gabbana gold sequined clutch for $1,998 and a Prada for $1,469.
February 14, 2014 |
The Mormon Church plans to build a 32-story apartment tower and a public meetinghouse on a vacant lot next to the Vine Street Expressway, filling in a key piece of the no-man's-land that has long separated Center City and North Philadelphia's rebounding neighborhoods. The private development by the Church of Jesus Christ of Latter-day Saints calls for 258 apartments, 13 townhouses, and retail shops at 16th and Vine Streets. The meetinghouse will have a chapel, courtyard, multipurpose space, and a center to research genealogy, said Michael Marcheschi, senior real estate manager for the church's national special projects department.