Real Estate

Historical Commission to consider preservation designation for 41 homes near Clark Park

March 4, 2019

“The Gables” (Photo by West Philly Local).

The University City Historical Society has applied to the city’s Historical Commission for protection of a cluster of 41 Victorian homes near Clark Park on Chester Avenue and Regent Streets.

Well-known 19th century architect Willis G. Hale designed the homes, which include the mansion known as “The Gables” (now a bed and breakfast) and nearby twins on the 4500 block of Chester Avenue and twins and row homes on both sides of the 4500 block of Regent Street. Collectively, the properties would form the “Chester-Regent Historic District.”  Continue Reading

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Iron Stone and Walnut Hill Community Association near agreement on 4601 Market St. project

January 18, 2019

Walnut Hill residents got a chance on Thursday to ask the proposed developers of the Provident Insurance Co. building at 4601 Market Street what benefits the neighborhood would get from the healthcare campus planned for the site.

Iron Stone Real Estate Partners execs presented their plans for the building at a Walnut Hill Community Association meeting aimed at finalizing a “community benefits agreement,” a contract that would reflect community requests on everything from hiring practices to parking to the use of green space in development projects that get public subsidies.  Continue Reading

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Developers to talk about future of former Provident Insurance building at 46th and Market at Thursday’s Walnut Hill zoning meeting

January 16, 2019

Last month, Councilwoman Jannie Blackwell halted a vote in City Council on the sale of the former Provident Mutual Life Insurance building to local real estate developer Iron Stone, who had proposed to convert the site at 46th and Market into a public health campus. This Thursday, Jan. 17, Iron Stone representatives will talk about the future of the site at a zoning meeting organized by the Walnut Hill Community Association.

Community members are invited to attend the meeting and voice their opinions.

The meeting will take place at the Enterprise Center (4548 Market St), beginning at 6 p.m.


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Want to help protect historic buildings? Come to Historic Preservation Task Force meeting in West Philadelphia

January 17, 2018

Over the past few years, we’ve lost a number of historic buildings in West Philadelphia, from churches to old Victorian homes and mansions to new construction. There have been a few meetings in the area in the past year on how residents who care about protecting historic buildings and sites can get involved with the work of such organizations as Preservation Alliance for Greater Philadelphia and University City Historical Society.

On Thursday, Jan. 18, residents are invited to learn more about the Philadelphia Historic Preservation Task Force, which was created by Mayor Jim Kenney in May 2017. The meeting will take place at the Enterprise Center (4548 Market St) beginning at 6:30 p.m.  Continue Reading

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Kenney clarifies timeline for 4601 Market St.

November 15, 2017

Mayor Jim Kenney told the audience gathered for the Spruce Hill Community Association annual meeting last night that the city would likely to have a handful of serious proposals for the old Provident Mutual Insurance building at 4601 Market St. by early January.

His administration cancelled plans in May to move the police headquarters to the building, opting instead for the old Philadelphia Inquirer building at 400 N. Broad St. Those plans were devised during the administration of Michael Nutter.

The city has received several requests for quotation (RFQ) on the property. These are narrative proposals of what would be done with the property. Those proposals range from commercial and retail to medical and educational. All propose a mix of uses for the property. Kenney said the RFQs are private and he could not provide specific details on any of them.  Continue Reading

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UCD’s annual report shows more millennials, more apartments, higher rents and home prices in last year

November 10, 2017

The University City District released its annual “State of University City” report on Thursday night. It shows what most of us already know: home prices are up; new retail spots are opening left and right; and the population is growing and getting younger.

UCD roughly defines “University City” as the area bounded by the Schuylkill River to the east, 50th Street to the west, Market Street/Powelton Avenue/Spring Garden Street to the north and Woodland Avenue/University Avenue to the south.

Here’s what the report, which covers trends through 2016, shows in key areas:

Real Estate Development

During 2016, 28 projects were either completed or made significant strides toward completion. These include academic, commercial, medical and residential projects. Curbed Philly has a handy map with many of the new projects covered in the report.  Continue Reading

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