Real Estate
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New Toll Brothers Luxury Development Announced for Chalfont
Toll Brothers is bringing a new luxury home community, Birch Run at New Britain, to Chalfont, with sales expected to begin in fall 2025. The exclusive neighborhood from the Fort Washington-based luxury home builder will feature low-maintenance townhomes with three bedrooms, versatile flex spaces, as well as attached two-car garages. Work is already underway at…
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Meridian Bank House of the Week: $5.99M Majestic Mediterranean in Newtown
A majestic Mediterranean home on 6.1 acres with six bedrooms and seven full and two half bathrooms is available for sale in Newtown. This stunning residence offers a harmonious blend of classic design and contemporary luxury. Beautiful details include wide-plank hardwood floors, recessed lighting throughout and handcrafted double doors. . . Among the highlights are…
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Plymouth Meeting Office Building Sells for $5.2M, One-Third of 2018 Price
FLD Group of Eatontown, New Jersey, and New York’s Adjmi family has acquired the Plymouth Meeting office building at 2250 Hickory Road for $5.2 million, writes Paul Schwedelson for the Philadelphia Business Journal. The two developers purchased the 83,000-square-foot building just north of Plymouth Meeting Mall because it sits next to the Plymouth Meeting Executive…
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Skyrocketing Home Prices Are Hitting These Delaware County Towns
The top 50 fastest-growing home prices in Pennsylvania include several communities in Delaware County, according to statistics compiled by Stacker. Towns are ranked by the dollar change in the Zillow Home Value Index for all homes over 12 months ending in June 2025. Chadds Ford placed 31st for fastest rising home prices in 2025. A…
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Fort Washington’s Toll Brothers Plans 74 Homes on Former Florida Golf Course
Fort Washington-based Toll Brothers plans to build 74 homes on a former golf course in Boca Raton, Florida, which has been closed since 2006, writes Brian Bandell for the Philadelphia Business Journal. Boca Raton Executive Country Club filed land use amendment, rezoning, and site plan applications for the 55.1-acre property. The clubhouse, once part of…
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Meridian Bank House of the Week: $5.495 Million Converted Barn in New Hope
A gorgeous converted barn home set on 10.56 acres with six bedrooms and six and a half bathrooms is available for sale in New Hope. This extraordinary residence seamlessly blends innovation, elegance, and modern comfort. . . Thoughtfully designed with contemporary style and advanced technology, it spans four living levels connected by an elevator and…
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Charming Mid-Century Modern in Quakertown Hits Market for $655,000
A charming secluded mid-century modern home, surrounded by mature trees and plantings, is now on the market in Quakertown for $655,000, writes Paul Jablow for The Philadelphia Inquirer. Married couple Mary Crockett and Joe Tomkiewicz purchased the home in 2017, as they were wanting to move from their Furlong residence. “It was in complete disarray,”…
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Ultra-Luxury Apartments On Rise in Philadelphia
A spike in local millionaires choosing to rent their homes rather than buy has led to the creation of an influx of new luxury apartment buildings in Philadelphia designed specifically for high-net-worth individuals, writes Ryan Mulligan for the Philadelphia Business Journal. In 2019, there were 22 millionaires renting homes in Philadelphia. By 2023, that number…
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Luxury Homes Along Byberry Road Clear Key Hurdle in Bensalem
A luxury development along Byberry Road in Bensalem is one step closer to final approval after the township planning commission voted to recommend the approval of the plan, writes Lacey Latch for the Bucks County Courier Times. Bristol-based Mar Mar Homes wants to build eight single-family homes around a cul-de-sac. The neighborhood would have a…
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PAED Spotlight: OWM Law Expands in Pottstown, Anchoring Premier Sunset Drive Property
O’Donnell, Weiss & Mattei, a leading regional law firm has planted deeper roots in Pottstown, signaling a new chapter for one of the borough’s most distinctive commercial properties. OWM Law now occupies 9,000 square feet of newly renovated office space at 1503 Sunset Drive. The move consolidates their long-standing connection to the community while positioning…
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Parkway Corp. Purchases Two Parking Lots Near Rittenhouse Square in $4M Deal
Philadelphia developer Parkway Corporation recently acquired two parking lots on Chestnut Street near Rittenhouse Square for $4 million, writes Paul Schwedelson for the Philadelphia Business Journal. The two parking lots total about 12,000 square feet. While Parkway Corp. doesn’t have any immediate plans for development on the sites, CEO Rob Zuritsky said the firm plans…
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2 Delaware County Towns Among 10 Hottest Housing Markets in Region
Two Delaware County communities are among the 10 hottest housing markets right now in the Greater Philadelphia Area, writes Ryan Mulligan for the Philadelphia Business Journal. Housing prices have hit a new high in the region, with a typical home price in Greater Philadelphia reaching $416,000 in June. Swarthmore Borough and Chadds Ford were among the…
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Luxury, French-Inspired Newtown Mansion Hits Market for $5.99M
A luxurious, French-inspired home built in 2010 with a resort-like pool area has recently hit the market in Newtown for $5.99 million, writes Ryan Mulligan for the Philadelphia Business Journal. The 10,500-square-foot residence, designed by Ralph C. Fey Architects and built by Zaveta Custom Homes, features six bedrooms and nine bathrooms. The home is tucked…
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Middletown Township Approves First Plans for Farms Edge at Shady Brook
The age-qualified Farms Edge at Shady Brook project has received preliminary plan approval from the Middletown Township Supervisors after developers further reduced its density, addressing concerns from officials and neighbors, writes Lacey Latch for the Bucks County Courier Times. The project’s newest iteration calls for a total of 129 homes, including 42 single-family detached homes…
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Meridian Bank House of the Week: $4 Million Converted Barn in Doylestown
A charming converted barn on 11.62 acres with four bedrooms and three full and two half bathrooms is available for sale in Doylestown. A former studio of the renowned impressionist painter and stained-glass window designer George W. Sotter, this beautiful residence seamlessly blends historic charm with thoughtful modern upgrades. . . Noteworthy features on the…
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Herr’s Plans to Sell 123 Acres of East Nottingham Land for “Herr’s Farm” Project
Nottingham-based snack company Herr’s plans to sell over one hundred acres of Nottingham land for the new Herr’s Farm project, writes Emma Dooling for Philadelphia Business Journal. The company has owned the 123-acre stretch of land since 1994. The sale is currently under agreement with E Kahn Development in Malvern. Referred to as the Herr’s…
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Fort Washington-Based Toll Brothers Promotes SVP Gregg Ziegler to CFO
Fort Washington-based Toll Brothers is promoting Gregg Ziegler, senior vice president of investor relations and treasurer, to chief financial officer, writes Paul Schwedelson for the Philadelphia Business Journal. Ziegler, who will succeed Marty Connor at the end of October, has been with the company for 23 years. Connor will remain with the company as a…
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PMC Property Group Closes In On Acquiring Ten Penn Center, Plans Conversion
PMC Property Group, the largest apartment owner in Philadelphia, has closed in on acquiring Ten Penn Center, write Ryan Mulligan and Paul Schwedelson for the Philadelphia Business Journal. The potential acquisition comes more than six months after the 27-story office building was placed on the market. At the time, the building was 60 percent occupied.…
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