Top News in Philly Development: September 2019

Ever feel like Philly changes so fast you can’t keep up? No sweat. We’ll be bringing you our favorite articles from the month on Philly development – North, South, East, and West. See below for a roundup of all the best local articles from August news.

Real Estate Trends and Market Updates:

This Top Real Estate Agent Says ‘Wellness’ Homes Will Help People Live Longer
Where: Forbes
What: Open construction plans, smart appliances, lower toxicity materials, and more are part of a growing trend to build new construction homes that promote healthier lifestyles.

Institutional Investors Are Selling Pennsylvania Real Estate Investment Trust (NYSE:PEI)
Where: Altcoin Mercury
What: The recent stock performance of PREIT, which is responsible for managing shopping centers along the east coast.

Friends save $50 a week to bring life back into forgotten homes
Where: 6abc
What: A group of friends is buying up run-down homes in West Philadelphia and turning them into affordable rentals, and they’re doing it by saving only $50 a week.

Openings and Up-and-Coming Development Projects:

Renters are being forced out of Philadelphia apartments to make way for tourists
Where: Mcall.com
What: A trend of converting apartment buildings into hotel stays is growing in Old City.

New Clubs at Disney World and in Philadelphia That You’ll Never Want to Leave
Where: Worth.com
What: A review and synopsis of amenities at the new Fitler Club in Philadelphia.

How faulty construction breaks up Philly families — and why the city can’t stop it
Where: Billy Penn
What: A story on the city’s battles with developers and contractors who skip inspections and otherwise risk damage to neighborhood property.

The Arts and Architecture:

‘Rowhouse’ vs. ‘rowhome’? The tangled history of a uniquely Philadelphia term
Where: WHYY
What: Dive into the history and grammar of the uniquely Philly terms of rowhouse and rowhome.

It’s always sunny in Philly, so go get some solar panels
Where: Technical.ly Philly
What: From long-term loans to rebate programs, Philly kicks off 2 initiatives to encourage both commercial and residential building owners to add solar panels.

Gates to paradise: Entries to the Wissahickon
Where: Chestnut Hill Local
What: The history behind the gates that lead to Wissahickon Park trails in Mount Airy and Chestnut Hill.

Is Philadelphia ready for a big red skyscraper at Schuylkill Yards?
Where: Philadelphia Inquirer
What: Brandywine Realty Trust is bringing some new design ideas to Philadelphia’s skyline.

I Love Lucy the Elephant: America’s oldest surviving roadside attraction has welcomed visitors to the Jersey Shore since 1881
Where: Roadtrippers.com
What: An elephant-shaped building in Margate City has served as a real estate office, hotel room, and tourist attraction since built in 1884.

Do you have questions about Philly’s changing neighborhoods and real estate trends? Reach out to Christina Briglia, Realtor, anytime at 267.231.5484 or phc.christina@gmail.com.