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Report: Philly housing prices bouncing back, but a blip in West Philly

Posted on 13 August 2013 by Annamarya Scaccia

Housing prices are bouncing back all over Philadelphia, except in West Philly, according to a recent report.

Second quarter home prices fell 7.8 percent in University City compared to the first quarter and an average of 5.9 percent in other parts of West Philly, the Fels Institute of Government analysis shows.

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Photo by Katrine Lvovskaya.

Prices around the city bottomed out about 18 months ago and prices in many neighborhoods have begun to bounce back (as much as 8 percent in parts of North Philly), while prices in this side of the Schuylkill have lagged. Not to worry, said Kevin Gillen, a senior research consultant at Fels and the report author. He believes the down tick in house value is just a short-term phenomenon and can be regarded as more of a “correction” in pricing, particularly for University City, which saw double-digit home price rises for the last 10 to 15 years.

“The prices are still way above where they were 10 years ago. It’s like 100 steps forward and 15 steps back. Think of it as a mean reversion,” said Gillen, who believes the long-term trend for the area is still optimistic. “It’s positive going forward but a more modest positive than you had in the past.”

Average home prices across the city have increased 3.1 percent compared to the second quarter last year.

This over-inflation during the decade’s housing boom, said Gillen, can be attributed to University of Pennsylvania renewed, three-fold investment in the neighborhood: the creation of the University City Business District, which led to better public services; a mortgage program aimed at UPenn faculty and staff to encourage them to invest in the neighborhood; and the opening of the Penn Alexander School at 43rd and Locust Streets 10 years ago.
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New grant allows West Philadelphia Skills Initiative to expand

Posted on 01 August 2013 by Annamarya Scaccia

Thanks to an $82,000 grant from The Barra Foundation, University City District’s West Philadelphia Skills Initiative (WPSI) will move employment training site, West Philadelphia Skills Center for Economic Advancement, from pilot phase to a fully-integrated, holistic approach.

SkillsInitiativeThe Center for Economic Advancement, located at Community College of Philadelphia West on 47th and Chestnut Streets, was opened in 2012 as an intensive soft job skill training site that helps bridge the employment gap in West Philadelphia. The Barra grant will allow WPSI, which launched in 2010 to address issues of unemployment and poverty in the community, to implement the most effective strategies tested during the Center’s pilot phase over the last year.

“From recruitment, assessment and selection to programming and evaluation plans, we have studied which approaches work best with our participants and our employers,” WPSI Director Sheila Ireland told West Philly Local. “Although we will maintain a stance of continuous improvement, we know feel that we have a good understanding of what works.”

According to the Pew Charitable Trusts’ 2013 State of the City, the median household income for the University City region is $21,801, with 48.1 percent of residents living in poverty. In West Philadelphia’s West Market region, the numbers are slightly higher—$26,487 and 33.8 percent. West Philadelphia Skills Initiative aims to change that tide by connecting local residents with partnering employers that have operations in West Philadelphia through its three programs: the Center for Economic Advancement, Job Pipelines, and the Youth Employment Network. Last year, WPSI worked with over 130 participants across all three programs, which either provide training or professional internships in the medical assistance, information technology, landscaping, lab technology, administrative, and security industries among others.  Continue Reading

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No Stroll but Dining Days reservations being taken now

Posted on 18 June 2013 by WPL

We have some good news and some bad news for those who were anticipating a new date in July for the Baltimore Avenue Dollar Stroll after it was cancelled last week due to rain. The merchants have not been able to agree on a reschedule date so there will be no stroll until September, according to University City District’s Mark Christman. The next (and only) scheduled Stroll this year is on September 12, 2013 and we hope that the weather will be more favorable for this popular community event next time.

DiningDaysAnother great way to try some of the best food in the area – though not for $1 – is the 9th University City Dining Days, which kicks off July 18. Some 29 West Philly restaurants are participating in the event and taking reservations now. As always, you can select a dining option that works best for your palate (and your wallet!) out of the list of restaurants participating in the “3 courses, 3 prices” promotion – a pre-fixe three-course dinner special for $15, $25 or $35. The list includes both most popular dining destinations, like Dock Street Brewery or Jose Garces’ Distrito, and newcomers, such as Han Dynasty, Harvest Seasonal and Doc Magrogan Oyster House. The restaurants that range from craft beer bars to celebrity chef restaurants to cozy BYOBs to international cuisine are now taking reservations.

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Photos via Universitycity.org.

To check out the list of participating restaurants with downloadable menus and to make your reservation, please visit: http://www.ucdiningdays.com/ Note: prices are for dinner only and do not include tax, gratuity or alcohol, and reservations should be made directly through the participating restaurant. University City Dining Days will run until Aug. 1, 2013.

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40th Street Summer Concert Series kicks off Saturday

Posted on 23 May 2013 by WPL

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Brooklyn Qawwali Party.

40th Street Summer Series, the free family-friendly outdoor concerts on the green space behind the Walnut West Library at 40th and Walnut are coming back again this year, thanks to University City District, Penn, and The Rotunda. This year, the series has expanded to five concerts with the following dates: on May 25, June 29, July 27, Aug 31, and Sept 28. The performers list is great, as always, including Philadelphia Ukulele Orchestra, Spaceship Aloha, Millennial Territory Orchestra and more.

This Saturday prepare to dance, shake, sweat and even whirl when Brooklyn Qawwali Party kicks off the series. This 11-piece brass band from NYC performs 700-year-old Pakistani Sufi music in a “thunderous” manner (see video below). “Funky, smart, and loving, BQP captures the joyful spirit of this Pakistani folk music in a unique instrumental blend of jazz and Qawwali. It’s a good time, it’s from the heart, and it’s like nothing you’ve ever heard,” according to the event’s website.

All Summer Series concerts begin at 6 p.m. and also feature Give and Take jugglers, fire artists, face painting, and balloon art that your kids will love.

For more information, visit: https://www.facebook.com/events/155368037956719/

 

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More parklets popping up in West Philly

Posted on 15 May 2013 by WPL

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Parklet at 45th and Walnut.

Three more parklets, public seating platforms that replace parking spots, are coming to the University City area this week. A new parklet was installed near Manakeesh Cafe on Walnut Street near 45th on Tuesday. Two parklets, with new design developed by Philadelphia’s Shift Space Design, are returning to their last year’s locations today and Thursday – on 44th Street near Spruce, across from Honest Tom’s and Lil’ Pop Shop, and on Locust Street near 40th, across from Ramen Bar and Keswick Cycle.

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Greene Street Consignment boutique opens University City location

Posted on 21 February 2013 by WPL

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Greene Street Consignment had a Grand Opening on Valentine’s Day.

Greene Street Consignment has opened a location in the University City area, at 3734 Spruce Street. The shop had a Grand Opening last week, on Valentine’s Day. This is the 9th location for the boutique-style shop that offers women’s and men’s recycled and new clothing, shoes and accessories (the 10th location will open in Soho, NYC in March).

A Greene Street representative said that the new shop is primarily aimed at students, faculty, tourists and parents in University City. According to Lynne Mastrilli, the owner, “there’s something about the perfect storm of everything about the college experience that works well with our business.”

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