Here's what we're reading this week about the projects, people and policies driving local development:
The Philadelphia Inquirer reports on Chellie Cameron’s move from Director of Philadelphia’s two airports to become President and CEO of the Greater Philadelphia Chamber of Commerce
by Erin Arvedlund and Catherine Dunn, Updated May 19, 2022
PIDC is asking for developer requests to receive the RFQ for the Lower Schuylkill Biotech Campus, comprising two 20 acre parcels on either side of Bartram’s Garden on the west bank of the Schuylkill River
by John George and Natalie Kostelni, May 19, 2022
The Business Journal highlights two major projects underway in Philadelphia by North Carolina based Greystar, a 399 unit residential building at 12th and Sansom and the renovation of Graduate Towers on Penn’s campus, for which Barton Partners is the architect
by Natalie Kostelni, April 6, 2022
Billy Penn reports on the revised rules going into effect this month to ease the burden on “streeteries” and help rebuild revenue to local restaurants
by Lizzy McLellan Ravitch, April 27, 2022
While rising home prices locally and rising mortgage interest rates nationally have raised the income required to meet monthly costs of home purchases in the Philadelphia region, the Business Journal reports that the increase is among the lowest in the nation
by Ryan Mulligan, April 29, 2022
WHYY describes the new program rolled out by City Council and the administration that purports to be able to provide 1,000 new homes for sale at $190,000 to $230,000, in sites across the city, with little detail yet on how sites will be selected or transferred, or how developers will be selected
by Aaron Moselle, April 28, 2022
The Philly Voice provided a “long read” article on the impact of the pandemic and interest rates on supply and cost in Philadelphia today, especially for first-time homebuyers, including steps being taken to support new hopeful homeowners
by Michael Tanenbaum, April 13, 2022
Jamie Gauthier penned an op/ed decrying the impact of the new property tax assessments on Black and brown Philadelphia homeowners
by Jamie Gauthier, May 11, 2022
Mayor Gainey signed a bill requiring inclusionary housing in new developments of 20 or more units in two target neighborhoods in Pittsburgh, with 10% of units needing to meet affordability limits, as reported by WESA
by Ariel Worthy, May 2, 2022
The AP reports on a bill signed into law by Maine’s governor to allow accessory dwelling units and semi-detached dwellings on single-family zoned lots across the state, in an effort to attract more workers to live and work in Maine
by AP Staff, April 28, 2022
HUD-User summarized the findings of Harvard’s Joint Center for Housing’s analysis of the national rental market over the two years of the pandemic, with a focus on affordable rentals
Published March 21, 2022