We Took a Tour of the Pyramid Lofts

Wow, MM Partners. That didn't take long at all. It was only about 15 months ago that we first told you that MM Partners had purchased 3101 Glenwood Ave., a six-story industrial building that was home to the Pyramid Electric Company from 1980-2000. The building was designed by Leroy B. Rothschild and constructed in 1922, originally housing a furniture business. We told you that the developers would be thoroughly renovating the building, with plans for 50 residential [...]
Read More »

How Will New Construction Fit In On E. Cumberland Street?

East Kensington has been on a rather dramatic upswing over the last several years, but the neighborhood was struggling for decades before this recent boom. We believe it was likely the NTI efforts by the Street administration that knocked down hundreds of blighted buildings in the neighborhood, leaving it with a ton of vacant land. An extreme example can still be found on the 1900 block of E. Cumebrland, which was pretty much an open field [...]
Read More »

Wanna Buy a Penthouse Unit at 10 Rittenhouse?

10 Rittenhouse has been a fixture on the northern end of Rittenhouse Square for several years now, so it's easy to forget the boondoggle surrounding its construction. The project was originally supposed to get underway in 2005, which would have meant its completion in 2007 into 2008. That would have been difficult timing, as you might recall the economy and real estate market both took a major dip around that time. Numerous delays pushed the start of construction [...]
Read More »

Massive Project Coming to 6th & Moore?

The neighborhood around 600 Moore St. is pretty standard South Philly, a bunch of row homes with some first floor storefronts mixed in, and the occasional large commercial or institutional building. For some reason though, the city block that's bounded by 6th Street, 7th Street, Moore Street, and McClellan Street has never fit that rubric. A hundred years ago, it appears it was used for a variety of industrial purposes and as recently as the 1960s [...]
Read More »

Plans Coming Into Focus For Red Bell Brewery

1500 N. 31st St. is a roughly 200K sqft building that was once home to the F.A. Poth Brewery, one of the many breweries that resulted in the neighborhood being dubbed Brewerytown. The brewery closed its doors shortly after the end of Prohibition, but the building survived and was used for furniture and appliance storage. Red Bell Brewery took over the property in the 1990s and closed down in the early 2000s, with the building sitting vacant ever since. [...]
Read More »

Former Harry’s Occult Blends In With New Building Next Door

Several years ago, before a new mixed-use building filled in a long vacant lot at the corner of 13th & South, we told you that Harry's Occult Shop had moved from its longtime home at 1238 South St. to a new space down the street. It seemed like a relevant piece of news, as Harry's had been in business for almost a century at the time, with the move coming because their building was changing hands. [...]
Read More »

You Could Own a Historic Society Hill Mansion

Have you recently won the lottery? Are you looking to pour your newfound wealth into historic real estate in Philadelphia? 238 S. 4th St. might be just what the doctor ordered. This property is listed for $4.95M, but it's been on the market for quite some time so maybe there's some wiggle room on the price. View from the street The home at the corner was constructed around 1750, which means it's older than America itself. According [...]
Read More »

Surface Parking Lot Sticking Around at 15th & Bainbridge

As surface parking lots go, the lot on the northeast corner of 15th & Bainbridge is rather innocuous. It's got a relatively clean look, with two rows of cars with a drive-aisle in between, it's fenced-in, and there's landscaping to blunt the impact of a vacant lot full of vehicles. Perhaps the most surprising thing about the lot is the cost of a space, a well below market price of $140 per spot. Good luck getting [...]
Read More »

Philadelphia Courts Moving From Broad & Arch

We've never paid much mind to the building at 1401 Arch St., despite its prominent location. City Hall, the Municipal Services Building (home of L&I), and 1515 Arch St. (home of the ZBA and other City offices), are all very close by, so we've certainly had countless opportunities to think about this building, but we've never taken the time. We should confess, we've visited the McDonald's on the first floor for some ice cream in the [...]
Read More »

Demolition on the Horizon Across From Liberty Lands

We had a meeting in Northern Liberties this morning, and after it wrapped up we were scrounging around the neighborhood, thinking about grabbing a bite to eat. Heading up 3rd Street, we were momentarily distracted from our belly rumblings by a fresh looking demolition notice. The industrial building at 952-56 N. 3rd St. is a throwback to the history of the neighborhood, a streetscape that was once dominated by manufacturing. Now, of course, fancy homes filled [...]
Read More »