All one has to do is look across the Schuylkill River from Center City and know that big changes are afoot in University City. Not only did it experience a staggering 2.6 million square feet of new development in 2015 alone, but 15 major projects are still on the way. The 49-story FMC Tower is nearly complete, becoming the first so-called "vertical neighborhood" in Philly, and the eds and meds continue to spread their innovative ideas all throughout the three universities: Penn, Drexel, and University of the Sciences.
As Fishtown’s rising prices continue to push people toward its edges, Port Richmond is now feeling the heat. As one Curbed commenter put it, "It has not gone unnoticed by business owners. Along with some established neighborhood favorites like the Green Rock Tavern and Hinge Cafe, newer, and trendier shops have began to dot the streetscape (Riverwards Cafe, Bait and Switch, etc.)." Residential development is nowhere near other neighborhoods, but that could change soon: Developer RJM Property Group sees potential in Port Richmond as a hot spot for adaptive reuse projects, including the old Polish Army Veterans Hall.