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What We're Reading: Week of January 22, 2024


What We're Reading

Here's what we're reading this week about the projects, people and policies driving local development:


Axios reports that Philadelphia’s office vacancy rate is lower than the average office vacancy rate nationally


With addressing the drug markets in Kensington at the top of Mayor Parker’s first actions, NBC10 asked Kensington residents their reactions to the new mayor’s first announcements about addressing their neighborhood’s problems

by Hayden Mitman and Miguel Martinez-Valle, Updated Jan 4, 2024


The Philadelphia Business Journal asks three local residential real estate leaders for their predictions of the residential sales market in 2024

by Ryan Mulligan – Reporter, Philadelphia Business Journal, Jan 8, 2024

 

The Philadelphia Business Journal highlights a unique boutique office building for sale in Center City at 1760 Market Street, constructed in 1981 with floor plates under 10,000 SF per floor, making it flexible for residential conversion or lease to smaller commercial tenants who could have exclusive use of a single floor

by Paul Schwedelson – Reporter, Philadelphia Business Journal, Jan 25, 2024


WHYY examines Philadelphia’s plans to power a significant amount of energy in public buildings from solar farms located in upstate Pennsylvania

by Susan Phillips, Dec 30, 2023


Bisnow looks at the rapid increase year to year in the number of new housing units being created nationally through conversion of existing office buildings, and that the median age of the buildings is creeping steadily younger, though still over 70 years old

by Maddy McCarty, Jan 22, 2024

 

The Inquirer shows the updated rendering for Pearl Properties proposed residential tower on Jewelers Row

by Jake Blumgart, Jan 23, 2024


Axios Philadelphia reports on the opening of the first newly constructed public elementary school in North Philadelphia in 70 years

by Mike D'Onofrio, Jan 3, 2024


Philadelphia YIMBY shows renderings of the nearly completed Amy Guttman Hall at the University of Pennsylvania, built upon a lot that has been a parking lot that was slated for new construction for over three decades

by Vitali Ogorodnikov, Dec 31, 2023


CoStar reports on the largest commercial lease signed in the Philadelphia region in over a decade, a renewal of 800,000 SF in Collegeville by DOW

by Mark Heschmeyer, Jan 16, 2024


Condo development is active in North Miami, included a proposed redevelopment of the collapsed Surfside site and a mixed-use development that includes a synagogue on site


Bisnow reports on a 55-year-old, 44 story office tower in downtown Atlanta that is getting converted to 220 units of affordable rental housing

by Jarred Schenke, Atlanta, Jan 18, 2024


Bisnow reports on the first steps Texas is taking towards resiliency of its infrastructure in light of changing climate conditions, as it allows connection between the state’s internal power grid and adjacent state power grids

by Maddy McCarty, Houston, Jan 3, 2024

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