Pennsylvania governor Thomas Wolfe announced yesterday that the Redevelopment Assistance Capital Program (RACP) grant will help close the funding gap needed to begin construction on the $575M project.
Mack-Cali Realty Corp., a New Jersey-based developer, has paid $800,000 to get out of a deal with Parkway Corp. to build a 32-story residential tower at 7th and Chestnut.
The design proposal for a second residential tower at East Market sailed through the monthly Civic Design Review yesterday at what might have been one of the shortest reviews ever.
Its set to undergo a $325 million renovation to become the Fashion Outlets of Philadelphia, but for now the interiors of the former mall look pretty sad and dusty.
The Philadelphia Parking Authority celebrated the ribbon-cutting of the former Gallery Mall parking garage’s multi-million makeover yesterday. What was once an average concrete building at 8th and Arch streets is now the flashy Parkade on 8th.
According to renderings released ahead of a September Civic Design Review, a second residential tower is being proposed for the already massive East Market mixed-use project. Take a sneak peek at the design proposal.
CoStar Group announced this week that the General Services Administration (GSA) recently inked a $23 million, 10-year lease for the Health and Human Services (HHS) to set up shop on the eighth and ninth floors of the Beaux-Arts style building.
a recent tour of the massive project revealed raw, open spaces ready for three big-time tenants, including a major architecture firm, to start moving in as early as next week.
New reports show that Philly's office rental rates are on the rise, though still affordable compared to other cities. But is that necessarily a good thing?
After losing its biggest tenant, developer Keystone Property Group is looking to lease 235,000 square feet of space in the iconic Rohm and Haas building at 100 Independence Mall West.