October 13, 2015 |
SUNRISE, Fla. - Sunrise Boulevard isn't quite Packer Avenue, and Panther Parkway is by no means Broad Street. The roads that lead up to BB&T Center are filled with housing developments and a few shopping malls. The streets are lined with palm trees. Just west of the arena that houses the Florida Panthers are miles and miles of swamplands. This is where Peter Luukko chose to take on a challenge. The former president and chief operating officer of the Flyers and Comcast Spectacor was hired by the Panthers in February.
September 30, 2015 |
When Dan Levin moved to Concord Township in 1998, he found solace in a home surrounded by open, untouched land. The western Delaware County municipality remained largely rural even as development boomed elsewhere across the county. Fewer than 10,000 people called the quiet, 14-square-mile township home. Traffic was light, green space plentiful. But in the new millennium, thousands have flocked to Concord, the population has nearly doubled, housing developments have sprouted, open land has dwindled.
June 21, 2015 |
One of Philadelphia's biggest landlords is part of a plan to build up to 10 stories of housing along what could be the city's last remaining cobblestone lane, but officials say the project should be scrapped. The proposal for the brick and limestone apartment block involving PMC Property Group would replace a parking lot at the corner of Arch Street and the narrow lane known as Little Boys Court, near Second Street in Old City, according to plans filed with the Philadelphia Historical Commission.
December 1, 2014 |
When you ask residential developers in Philadelphia who their target audience is, the typical response is "eds and meds," meaning those who work in education and health care. Both seem impervious to the economic stresses and strains that affect other business sectors, so developers who focus on building for-sale and rental units near medical centers and universities are not taking great risks. Health care is the fastest growing because America is aging rapidly and demand for services is increasing.
August 28, 2014 |
Burlington City officials gathered in a gravel lot on the Delaware on Tuesday to cheer ambitious plans for a community rebirth they hoped would mirror that of Bethlehem, Pa., after the steel plant there closed - though without a casino. John Callahan - who was mayor of Bethlehem for the last 10 years, when the Sands Casino was built around the abandoned steel plant there as part of an entertainment, retail, and housing complex - is now affiliated with a politically connected law firm whose principals want to invest in Burlington's desolate waterfront.
July 20, 2014 |
I don't think I'd be breaking any new ground if I said there seems to be a lot of multifamily - read that, rental - development underway here and elsewhere. There are a number of reasons for this. First is that lenders, scalded when the for-sale market nosedived in 2007, saw a shift from buyers to renters in the next several years and decided that apartments were the places to put their money. It was not an overnight decision, banks being what they are. Developer Carl Dranoff, who was moving 777 S. Broad Street from drawing board to foundation in 2009, has said that he had to put more of his own money into that ultimately very successful luxury rental project, which this spring begat SouthStar Lofts, a few blocks north at Broad and South.
June 9, 2014 |
When we last met up with Jeffrey Tubbs, he was two years into his first building project and doing well, though it was 2010 and we were still mired in the real estate downturn. Four years later, Tubbs is still small and successful but growing, combining youth - he's 37 - with enthusiasm. Part of his success stems from building for-sale housing the next address up from "the hot neighborhood" - in this case, Northern Liberties. We're seeing a lot of activity like that in Philadelphia these days, although much of it is rental as developers large and small retrench after squeezing through sales gates as they were closing shut.
March 28, 2013 |
A mixed-use affordable-housing development is moving forward in Norristown despite opposition from some residents. The plan calls for 96 one- and two-bedroom apartments, as well as 5,000 square feet of retail space, at DeKalb and Airy Streets. Sixty units would be reserved for low- and moderate-income residents. The site is now a parking lot owned by Montgomery County. The county deemed it underused, and in February agreed to transfer ownership through a profit-sharing redevelopment deal.
October 7, 2012 |
Tucked into a corner of the wall above a stairway leading to the third floor of the Corbit-Sharp House in Odessa, Del., is a tiny doorway. In 1845, the cubbyhole behind this door sheltered a runaway slave named Sam. When the local sheriff came looking for the runaway, the lady of the house, Mary Corbit, led him right up to the stairway. As she had hoped, the sheriff couldn't imagine that the space behind the door was large enough to shelter a human being, so he turned away to continue his search throughout the rest of the house.
March 21, 2012 |
Charles H. Diamond, 76, of New Hope, executive director of the Bucks County Housing and Development Corp., died of pulmonary fibrosis Saturday, March 17, at home. For the last decade, Mr. Diamond headed the nonprofit corporation, which manages 26 properties housing low- and moderate-income families. Previously, he had been director of La Salle University Bucks County Center, the extension campus in Newtown, headed training at Crown Cork & Seal, and was an administrator for Holy Redeemer Health Systems.