February 9, 2015 |
Conshohocken-based How? Properties redevelops rental projects all over Philadelphia, with more than $100 million in real estate under development or management. By 2015's end, it expects to own and manage about 500 apartments. It also presents classes for tenants on how to build wealth by investing in real estate. How? Properties principals Andy Blum, Gary Jonas, Bill McLaughlin, and Gary Risler formed a mortgage company in 1998, then expanded into real estate in 2003. They went on to conceive their own construction and development projects and now manage the completed ventures.
October 21, 2014
L INDSEY SCANNAPIECO, 28, of South Philadelphia, is managing partner and principal of Scout Ltd., which redevelops vacant properties. It recently won a competition to redevelop the vacant, eight-story Edward W. Bok Technical High School, on 9th Street near Mifflin. The daughter of prominent condo/apartment developer Tom Scannapieco, the Philly native moved back in June after five years in London. Q: How'd you come up with the idea for Scout? A: I founded a company in London in 2011 and worked on projects to repurpose vacant, unused spaces.
October 5, 2014 |
Camden's downtown streets could get a makeover, under a new study announced Friday by the Delaware Valley Regional Planning Commission. As part of $1 million in grants in four South Jersey counties, Camden will get $60,000 to study the feasibility of converting Market, Federal and Fifth streets from one-way to two-way traffic. The study also will "review traffic efficiency and orientation of these major corridors, pedestrian and bicycle safety, and effect of traffic direction on business visibility and accessibility.
September 11, 2014 |
A controversial redevelopment in downtown Ardmore is back on track after the state restored $10.5 million in grants that were previously pulled from the project. Carl Dranoff, president of Dranoff Properties, said the funding was critical for a high-rise apartment and retail complex across from the Ardmore train station. "Up until Friday, we didn't have a project," he said. "We kept plowing ahead during the whole 2014, advancing our plans and approvals on the hope that we would be ready to begin should we receive the grant.
June 5, 2014 |
With a room full of opponents eager to have their say, the lawyer for a controversial redevelopment project in Haddonfield's Gill Tract section told the Planning Board on Tuesday night the developers wanted to postpone their application until July so it could be amended. The proposal had been to divide the property at 605 Warwick Rd. into three parcels and leave most of the large stone house standing. Instead, Donald Cofsky said, the development company, which includes local developer Mark DeFeo, plans to submit a proposal to knock down the existing house and create three lots.
June 4, 2014 |
The signs may have started in Haddonfield's stately Gill Tract section, but they soon struck a chord of concern well beyond these well-kept lawns. They have sprouted up on housing lots large and small all around town. They exhort residents to "Show up, Speak up" at Tuesday evening's planning board meeting and "Say no to 605 Warwick Development. " A local developer is seeking to subdivide the one-acre-plus property into three lots with three houses, including most of the large stone house that sits on the land.
May 24, 2014 |
With significant changes and the passage of time, a onetime controversial redevelopment zone in quaint Mullica Hill has quietly gained township approval. Harrison Township officials established the redevelopment zone - referred to as Block 64 - on Monday, months after a public outcry squashed original plans. Mayor Louis Manzo said the vote came amid "a little less fanfare" than the township's first attempt - in large part because the 50-acre plan no longer includes properties along North Main Street.
April 26, 2014 |
In what would transform a bedraggled slice of central Philadelphia, demolition crews are weeks away from dismantling nearly an entire side of the 1100 block of Chestnut Street, part of a $60 million to $70 million redevelopment tapping the soaring apartment market and surging appetites to shop and live east of Broad Street. Zoning approvals and permits are in place, additional property was acquired as recently as Thursday, and a large section of sidewalk has been closed as lead development partner Brickstone Co. prepares to build a complex of loft-style apartments above towering, three-story retail spaces.
April 22, 2014 |
MOUNT HOLLY On paper, the map of Mount Holly's latest redevelopment zone resembles a squiggling salamander. But to many of the affected homeowners and business proprietors, the map appears to be a battle plan that targets their land. Left alone for decades to carve out a living in this hardscrabble Burlington County town, 119 property owners are now subject to eminent domain if their buildings interfere with the Mount Holly council's vision and sense of aesthetics. "This hits home," Karl Konen, owner of Foreign Car Services, said at a recent meeting, his voice trembling.
April 16, 2014 |
MOUNT HOLLY The township council voted, 3-1, Monday to create a redevelopment zone, after listening to concerns expressed by about a dozen residents and shop owners who worry that their properties may be seized through eminent domain. The 30-acre zone includes 120 businesses and homes in the central part of the township, not far from Mount Holly Gardens, which was declared an "area in need of redevelopment" more than a decade ago, sparking litigation that headed to the U.S. Supreme Court.