Real Estate
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Developer Donates Land for Mass-Transit Station Near Marcus Hook
Commercial Development has donated land for the construction of a mass-transit station in the hopes of drawing in projects to the 420-acre former site of Claymont Steel that straddles the Pennsylvania-Delaware state line near Marcus Hook, writes Joseph DiStefano for the Philadelphia Inquirer. The developer donated 15.5 acres for the station with 800 parking spaces…
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Fight Over Don Guanella Property to Continue into 2019
The fight over the future of the former Don Guanella Village in Marple is poised to continue into the New Year, writes Kevin Tustin for Delco News Network. The battle over the Sproul Road Developers’ proposed mixed-use development called Town Center at Marple Preserve began this year. It would provide retail spaces, a senior living…
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Lower Merion School District Votes to Exercise Right of Eminent Domain on Two Villanova Properties
Lower Merion School District has voted to exercise its right of eminent domain on two properties in Villanova for future athletic fields, writes Natalie Kostelni for Philadelphia Business Journal. The school district began negotiations for the properties last summer. Then they learned that the owners of the 10.4-acre parcel at 1835 County Line Road and…
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Farmhouse in Chadds Ford Combines History with Nature in Stunning Seasonal Displays
Vincent and Elizabeth Moro have combined history with nature to stunning effect in seasonal displays at their 1830s farmhouse in Chadds Ford, writes Eileen Smith Dallabrida for Main Line Today. The Moros, whose passion is entertaining, are in the process of restoring their farmhouse at Chadds Peak Farm. While the house is being renovated, the…
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Briarcliffe Native a Commercial Real Estate Broker by Day, Professional Fighter by Night
Given his success in the white-collar world of commercial real estate, as well as his prowess in the combat sports of mixed martial arts and boxing, it’s hard to tell if Sam Oropeza is a broker moonlighting as a fighter, or if it’s the other way around. One thing is certain, though: The 32-year-old who…
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DNB First House of the Week: Sundrenched Dutch Colonial in Swarthmore
A Dutch Colonial with six bedrooms and three full and one half bathrooms is available for sale in Swarthmore. Set on a 0.43-acre lot, this home features lovely architectural details throughout, as well as a number of improvements. It offers charm and character with plenty of room and privacy for the entire family. The home…
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DNB First House of the Week: Prized Property Masterfully Restored in Radnor Township
An English manor, one of the most prized properties in Radnor Township, with six bedrooms and four full and two half bathrooms is available for sale in Wayne. The home has been masterfully restored to retain its exquisite detail. Built in 1929 by famed architects Bissell & Sinkler, the home features breathtaking terrace views of…
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With an Assist from Franklin Mint FCU, McFadden Group Keeps Its Portfolio Close to Home
The McFadden Group, a real estate development and management company based in West Chester and run by Brian and Ellen McFadden, keeps its portfolio close to home, according to a report in Choices, the official magazine of Franklin Mint Federal Credit Union. Over the last 35 years, the McFaddens have built an impressive portfolio of…
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DNB First House of the Week: Tudor Home in Media
A Tudor home built in 2014 with five bedrooms and three full and three half bathrooms is available for sale in Media. Set in the idyllic neighborhood of Bowling Green, it is just a short distance away from the borough. The two-story entryway leads to a family room featuring a fireplace with a reclaimed beam…
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DNB First House of the Week: Classic Main Line Estate in Haverford
An extraordinary, custom-built home in Merion Golf Manor with five bedrooms and six full and two half bathrooms is available for sale in Haverford. Stone and brick accents and copper roofs make this home a classic Main Line estate. A mahogany and glass door leads into a grand, two-story entry with sweeping wood staircase. The…
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Once Expelled from Bonner, Drexel Hill Native Has Become Philadelphia’s New Developer-Statesman
Philadelphia seems to have found its new developer-statesman in Brandywine Realty Trust CEO Gerard Sweeney, who is expanding the city through a number of projects, writes Jacob Adelman for the Philadelphia Inquirer. “Our office buildings are only as strong and only as valuable as the economy in which they are built,” Sweeney said. “We’ve been…
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Settlement Agreement Allows Drexeline Town Center to Move Forward
The Delaware County Court of Common Pleas approved a settlement agreement negotiated by Upper Darby Township, the Upper Darby Township Zoning Hearing Board, and the developer of Drexeline Town Center with township residents who filed a lawsuit opposing the zoning board’s approval of the project. Under the terms of the settlement agreement, the appellants have…
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Here’s What Experts Are Saying the New Year Will Bring in the Housing Market
Experts believe that the slowdown of the hot housing market in Greater Philadelphia will continue into next year, providing home shoppers with some much-needed relief, writes Caitlin McCabe for the Philadelphia Inquirer. However, top predictions for the region in 2019 also bring some negative aspects for buyers as well. Among them are interest rates, which…
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DNB First House of the Week: Suburban Oasis in Broomall
A beautifully maintained colonial with five bedrooms and four full and two half bathrooms is available for sale in Broomall. One of the home’s many highlights is the bright and airy living room with large windows and gorgeous stone fireplace. The spacious eat-in kitchen features custom cabinetry and granite countertops, stone backsplash, a large granite…
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DNB First House of the Week: Recently Upgraded Colonial in Garnet Valley
A colonial with five bedrooms and three full and two half bathrooms is available for sale in Garnet Valley. The recently upgraded home is set on a private and partially wooded 1.34-acre lot. One of the highlights is the exquisite kitchen with granite countertops and state-of-the-art appliances. Adjacent is a bright breakfast and sunroom leading…
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Penn Sells 17-Acre Property in Glenolden to Malvern-Based Developer
The University of Pennsylvania has sold its 17-acre property in Glenolden that was a vivarium and research laboratory to E. Kahn Development, writes Natalie Kostelni for the Philadelphia Business Journal. Penn put the property, located at 500 South Ridgeway Avenue, on the market five years ago. The main building is 97,198 square feet, while the…
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DNB First House of the Week: Stone Estate Built in 1763 in Wallingford
A stone colonial with seven bedrooms and six bathrooms is available for sale in Wallingford. Part of the historic Sheltered Oak Estate, the home was built in 1763. Additions have been added over time, perfectly blending the old with the new. Entry is through a foyer flanked by the formal dining and living rooms. The…
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Philadelphia Union Considers Options for Developing Land Surrounding Talen Energy Stadium
The Philadelphia Union has big goals when it comes to the land surrounding Talen Energy Stadium in Chester, writes Jonathan Tannenwald for the Philadelphia Inquirer. According to its chief business officer, Tim McDermott, the team is currently considering development options for the land. It’s also looking to bring in an architectural firm to help guide…
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