PlanPhilly

Real Estate Development

    • A Google Streetview image of 2601 Poplar St. (Google/WHYY)

108 apartments coming to vacant Poplar St. lot and neighbors aren't happy

The owner of a popular Fairmount cafe and artisanal market has gotten permits to build a 55-foot-tall apartment complex on a vacant Poplar Street lot. The 2601 Poplar Street project will…

    • Rowhouses line Spruce Street in Fitler Square. (Emma Lee/ WHYY)

‘Rowhouse’ vs. ‘rowhome’? The tangled history of a uniquely Philadelphia term

Is it “rowhouse” or “row house?” Is it “rowhome” or “row home?”  Nothing gets Philadelphia grammarians riled up more than a question of local dialect. Especially when there is no clear…

    • An artist's rendering shows an apartment complex planned for 2157 E. Lehigh Ave. An arrow points to the old Conrail wall neighbors want to see torn down.  (DesignBlendz/B.S.K.M./PlanPhilly.)

Why Kensington wants to tear down a 25-foot-high Lehigh Ave. wall

The latest big housing development to come to East Lehigh Avenue in Kensington is grappling with an unusual problem.  How do you connect an apartment complex to the surrounding neighborhoods when…

VIEW MORE

ABOUT REAL ESTATE DEVELOPMENT

Though it often has a negative connotation, development represents the absolutely crucial element of demand to use the urban form. Once completed, the development project ends up helping to define the built environment for future generations. Without development, there would be no city to plan. Despite the stigma often attached to it, development can meet both community needs and earn a profit when its design and program contributes to the larger urban framework.

It is important that development be regulated so that it supports the public health, safety, and welfare of a neighborhood, though this can be difficult to achieve today given the pressures facing the public sector due to rising social services needs and decreasing tax bases. Private developers often have leverage in these cases, which can lead to some unhealthy compromises that negatively affect our built environment. It is possible for development to be over-regulated, which often discourages investors from investing in particular cities. Philadelphia is often seen as a city that has outdated local controls, which in turn delays the development approval process. However, the re-zoning process currently underway by the Zoning Code Commission should go a long way in addressing this.  The goal is to set standards that encourage a balance of public good and private development.

UPCOMING EVENTS IN REAL ESTATE DEVELOPMENT

VIEW MORE

Logging in via Facebook

Log in

Subscribe to our mailing list

* indicates required
Which weekly emails would you like to receive?