Real Estate
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Meridian Bank House of the Week: $6.3M Gorgeous ‘Glass Barn’ in New Hope
A contemporary home on 6.32 acres with five bedrooms and three and a half bathrooms is available for sale in New Hope. The Glass Barn exemplifies modern elegance and effortless sophistication. Intricate details include soaring ceilings, polished concrete radiant-heat floors, expansive walls of glass and custom steel accents throughout. . . Among the remarkable features…
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Borough Council Approves Plans for New Retail Space in Downtown Doylestown
At its September meeting, Doylestown Borough Council approved Worth & Worth’s preliminary plans as final plans to redevelop 159 to 161 West State Street, writes Jeff Werner for the Patch. Four buildings that are located just west of Ventresca’s Men’s Clothing Store will be demolished to make way for a new 5,780-square-foot building containing three…
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Avenue of the Arts Parking Garage With Ground-Floor Retail Space Goes Up for Sale
Green Courte Partners has listed the 668-space, 10-story Avenue of the Arts parking garage at 1501 Spruce Street onto the market, writes Paul Schwedelson for the Philadelphia Business Journal. According to Bruer Kershner of CBRE, the parking garage could sell for more than $45 million. “Parking demand is increasing in the city coming out of…
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Redevelopment of Exton Mall Among Mixed-Use Projects Reshaping Philadelphia Suburbs
The redevelopment of the Exton Square Mall by Abrams Realty & Development is among the growing number of projects reshaping Philadelphia’s suburbs, writes Paul Schwedelson for the Philadelphia Business Journal. The 75-acre property was originally owned by PREIT, which sold a smaller section of it to Hanover, leading to the development of a 350-unit apartment…
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Developers Are Descending on Rare Open Space in Upper Darby
Open space in the area of Township Line and State roads in Upper Darby has become a lightning rod for developers. The latest proposal is a car wash near the intersection on three undeveloped acres known as the Mozino property, writes Pete Bannan for the Daily Times. It would sit next to and behind the…
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Expanded Home in Bristol Township Draws Strong Interest Despite High Price
An expanded home on Kenwood Drive South in Levittown has been drawing strong interest from buyers despite the steep asking price of $749,900, in an area once considered among the most affordable starter home communities in Bucks County, writes JD Mullane for the Bucks County Courier Times. “It has two entrances and six bedrooms,” said…
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Bucks County Sees Population Growth. These Towns Are Leading the Charge
Bucks County added approximately 3,616 people between 2020 and 2024, marking what could become a rare population increase, according to U.S. Census Bureau estimates, writes Chris Ullery for the Bucks County Courier Times. The 0.6 percent increase occurred primarily in 29 Central and Upper Bucks townships and boroughs, with some seeing growth of nearly five…
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Million-Dollar Homes Nearly Quadruple in Philly Area Amid Skyrocketing Prices
Greater Philadelphia remains among the more affordable metropolitan areas in the nation, but skyrocketing prices have rapidly increased the number of million-dollar homes in the region, nearly quadrupling it over the last five years, writes Michaelle Bond for The Philadelphia Inquirer. As of July, the Philadelphia metropolitan area had about 30,300 homes valued at $1…
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Meridian Bank House of the Week: $3.2M Magnificent Colonial in Newtown
A colonial home set on 23.77 acres with three bedrooms and two and a half bathrooms is available for sale in Newtown. This exquisite residence exudes timeless charm while offering modern comfort throughout. Refined details include original pumpkin pine floors, expansive long-distance views and a meticulously maintained interior that perfectly blends colonial character with contemporary…
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Washington Post: Homes Are Getting Older and Crumbling, Especially in Northeast Cities Like Philadelphia
In various cities across the nation, especially those like Philadelphia, homeowners are struggling to maintain and repair their aging homes, writes Tim Craig for The Washington Post. With many of these aging houses crumbling and withering, many homeowners are being forced to live in nearly unlivable conditions. To make matters more challenging, repair costs are…
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Tastykake’s Navy Yard Headquarters Is Up for Sale
Tastykake’s 345,500-square-foot Philadelphia Navy Yard headquarters, built in 2009 as a custom facility for the company, is being sold by Prologis, writes Paul Schwedelson for the Philadelphia Business Journal. San Francisco-based Prologis acquired the building five years ago through a $13 billion merger with Liberty Property Trust. Tastykake’s parent company, Tasty Baking, has nearly a…
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Fort Washington’s Toll Brothers Exits Apartment Business in $347M Deal
Toll Brothers is stepping away from the apartment business to concentrate on what it does best, writes Joseph N. DiStefano for the Philadelphia Inquirer. The Fort Washington company is focusing all its attention on single-family homebuilding. The company announced the sale of its Toll Brothers Apartment Living unit, including 18 apartment complexes and 29 development…
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Audacy to Sublease Nearly Half Of Its Philadelphia Headquarters in Center City
Audacy and a listing from real estate brokerage firm Binswanger, has confirmed that it is subletting up to 48 percent of its headquarters, writes Jeff Blumenthal for the Philadelphia Business Journal. The percentage equates to up to 32,400 square feet of Audacy’s fourth floor space. Its lease on the space is set to expire on…
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Newtown’s Relic on State Closed. Owner Discusses Plans for New Restaurant
Relic on State, the New York City-style steakhouse and upscale bar, closed its doors unexpectedly in Newtown at the end of June, but building owner Scott Hendrickson is already working to bring a new restaurant into the historic space, writes Jeff Werner for the Patch. Veteran restaurateur Greg Conlon opened Relic in 2020 after investing…
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Charming Farmhouse on Three-Acres in Pipersville Is on the Market for $650,000
A stunning farmhouse in Pipersville, built in 1826, offers a perfect blend of modern and rustic elegance, writes Kimber Blum for The Amazing Mom Life. This two-story home, located at 7411 Tohickon Hill Road, boasts ample natural light thanks to the many windows providing views of the three-acre property. The first floor features a spacious…
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Meridian Bank House of the Week: $3M Mid-Century Modern in Ottsville
A mid-century modern home on 13.23 acres with four bedrooms and three full and two half bathrooms is available for sale in Ottsville. This majestic residence radiates contemporary sophistication while embracing serene natural surroundings. . . Architectural details include vaulted ceilings, expansive glass walls, concrete and stone elements, natural wood accents, and custom features harmonizing…
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Fort Washington’s Toll Brothers Buys Former Golf Course Site in Florida for $19.5M
Fort Washington-based Toll Brothers recently paid $19.5 million for a development site on a former golf course in Florida to build a luxury home community, writes Brian Bandell for the Philadelphia Business Journal. The seller of the 20.9-acre site was the city of Parkland. According to the deed included in the sales agreement, the luxury…
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Doylestown Home from 1856 Blends Historic Legacy and Sophistication
A stately 1856 Federal home, nestled in the heart of Doylestown, seamlessly integrates quiet sophistication and a remarkable historic legacy, writes Vasila Khurshid for The Amazing Mom Life. The magnificent residence boasts a beautiful brick facade and tiered antique brick walls, which, combined with lush perennial gardens, create an authentic, serene oasis for the entire…
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