As Center City Booms, Old Philly Buildings Get Overbuild Treatment

As Center City Booms

The proof is in the cranes: Construction in Center City continues to boom, with developable land very few and far between the many new towers piercing the sky. Yet not all of the high-rise projects currently under construction are starting from scratch. A number of developments are making use of already existing structures, putting overbuilds on

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Industrial Buildings Are Not A Long – Term Answer For Philly’s Multifamily Market

Construction costs and the late stage of a development cycle make for a tough environment for multifamily construction in Philadelphia. Industrial-to-multifamily conversions have made for a cheaper, trendy alternative, but they are a finite resource that may be running out. Current projects around North Broad Street, like Radnor Property Group’s The Hamilton and PRDC’s Heid

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Dranoff’s One Theater Square MF Development Topped Off In Newark

NEWARK, NJ—One Theater Square, a $94 million mixed-use residential tower and the first luxury multifamily development in New Jersey’s largest city in six decades, has been topped off. The new building, located across the street from the New Jersey Performing Arts Center, is part of a planned development sponsored by NJPAC to develop the properties surrounding the entertainment venue

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Newark’s building boom an echo of its history : Di Ionno

One Theater Square is one of those construction projects that seemed to go up overnight. Actually, it was 347 nights – and days. The last beam of the concrete and iron shell of the coming 22-story luxury apartment building in downtown Newark was put in place Wednesday. During the topping-off ceremony, the construction crew, developer

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One Theater Square slated to open in 2018

Yesterday marked a milestone for the City of Newark, as One Theater Square—the first new upscale residential high-rise to be built in the city since 1960—celebrated its topping-off ceremony at 2 Center Street in the heart of the city’s downtown district. Recognized as the most luxurious residential development in the city’s history, the 22-story building,

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