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Old Posted Dec 6, 2018, 5:47 PM
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PhilliesPhan PhilliesPhan is offline
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Join Date: Aug 2014
Location: Philadelphia
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This project seems extremely likely to happen, especially if it receives RACP money. With that said, is now the perfect time to purchase real estate surrounding North Philadelphia Station? I walk around that area less since graduating from Temple back in May, but I still do make my way up there occasionally. Some of the rowhomes around there would be perfect for rehabbing, and the Botany Building at Broad and Lehigh would be perfect for a residential conversion. Additionally, a huge plot of vacant land was sold at Broad and Somerset.

I'm not a professional RE investor, but now seems like the perfect time to buy and hold land north of "Templetown." If Temple gets involved in this project (which it should, as my alma mater should have higher-quality research facilities and incubator space along an innovation corridor [Broad Street]) or this company manages to find a large tenant, then this section of North Philadelphia will be fundamentally changed.
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