Paul Schwedelson

A major development on the edge of Fishtown has scrapped a 307-unit apartment building and is now planning hundreds of townhomes instead.

A growing local company paid $16.4 million for a warehouse in Northeast Philadelphia.

Monell Chemical Senses Center has signed a 64,000-square-foot lease and plans to relocate from its longtime Market Street home. The research institute's iconic face fragment sculpture will make the move along with it.

After a foreclosure process that has dragged on for three and a half years, only one bidder remains in the running to buy Philadelphia's largest office property — and they are trying to back out of their sale agreement.

Two developers paid $7.8 million for a Bucks County development site and have begun construction on a new industrial building.

The site's zoning allows for commercial, residential and industrial uses without height restrictions.

TD Bank has recently invested $11 million in Philadelphia affordable housing developments. The bank expects to spend another $14 million by the end of the year.

CEO Michael Pestronk said the 241-unit project will be one of the final pieces in Post Brothers' Piazza portfolio.

Pearl Properties has submitted an application to Philadelphia's Historical Commission, a sign the Jewelers' Row project is moving forward.

Brandywine Realty Trust said it now expects to generate a total of $305 million from property sales in 2026.