PHILADELPHIA-CAMDEN-WILMINGTON-ATLANTIC CITY-READING | Metro Development Thread - Page 310

Jawnadelphia · #**6181** Posted **Apr 24, 2024, 5:39 PM**

Wilmington Riverfront

Plans for a 7-floor, 162 unit apartment building by BPG in the center of the Wilmington Riverfront (designed by DIGSAU). Construction isn't planned to begin until sometime in 2025.

Newark, DE - UD Star Campus

New SABRE Center under construction -
https://delawarebusinessnow.com/2024...oogle_vignette

A new $150 million facility at the University of Delaware will provide a space for testing new biopharmaceutical manufacturing practices as well as train workers in the highly technical skills needed to produce advanced medications.

UD, state and federal officials broke ground Monday on the SABRE Center, which stands for Securing American Biomanufacturing Research and Education.

The 70,000-square-foot SABRE Center will be located on the STAR Campus next to the Ammon Pinizzotto Biopharmaceutical Innovation Center.
https://www.newarkpostonline.com/new...3caaa491d.html

PHLtoNYC · #**6182** Posted **May 8, 2024, 1:17 PM**

I know its Toll Brothers, but some large projects nonetheless, mostly in Chester County.

Toll Brothers is building 1,600 homes across 11 Philadelphia-area projects. Here's where.
https://www.bizjournals.com/philadel...-for-sale.html

TK2001 · #**6183** Posted **May 8, 2024, 4:55 PM**

Prepare to see 1,600 holes around PA! Wait. 1,601 holes

3rd&Brown · #**6184** Posted **May 8, 2024, 8:13 PM**

Quote:

Originally Posted by PHLtoNYC

I know its Toll Brothers, but some large projects nonetheless, mostly in Chester County.

Toll Brothers is building 1,600 homes across 11 Philadelphia-area projects. Here's where.
https://www.bizjournals.com/philadel...-for-sale.html

Can you give us the highlights?

If they're including Franklin Station and/or Northbank both are basically sold out. Both have only 1 unit remaining for sale on their websites. I can speak at least for Northbank, here they developed 191 units; every building except for 1 which is still under construction and I believe 2 of the "models" are sold and occupied. Even in the building under construction, every unit is in contract (12 units).

PHLtoNYC · #**6185** Posted **May 8, 2024, 8:45 PM**

Quote:

Originally Posted by 3rd&Brown

Can you give us the highlights?

If they're including Franklin Station and/or Northbank both are basically sold out. Both have only 1 unit remaining for sale on their websites. I can speak at least for Northbank, here they developed 191 units; every building except for 1 which is still under construction and I believe 2 of the "models" are sold and occupied. Even in the building under construction, every unit is in contract (12 units).

They are not, but looking at the communities referenced, several are well underway, and Overlook (KoP Town Center) only has ~17 homes left, and Stonebrook only has 2 of the 65 single family homes left.

Bucks County

Doylestown Walk
Location: 52 Tradesville Drive, Doylestown
Project: 137 townhomes

Steeple Run
Location: 1400 Mill Race Drive, Quakertown
Project: 38 single-family homes

Community name to be announced
Location: Langhorne Newtown Road, Langhorne
Project: Number of homes to be announced

Chester County

Anfield at Malvern
Location: Lapp Road and Old Morehall Road
Project: 280 townhomes

Preserve at Marsh Creek – Carriage Collection
Location: 460 Mustang Road, Downingtown
Project: 105 townhomes

Stonemill Village
Location: 1130 and 1136 Horseshoe Pike, Downingtown
Project: 89 townhomes

Riverstone Crossing
Location: 202 Polaris Drive, Spring City
Project: 33 single-family homes

MONTGOMERY COUNTY

Regency at Waterside
Location: 1192 Wythe Blvd., Ambler
Project: 496 homes

Stonebrook at Upper Merion
Location: 108 Mahogany Lane, King of Prussia
Project: 278 homes

Overlook at Town Center
Location: 807 Laurens Alley, King of Prussia
Project: 142 townhomes

Bellflower
Location: 2684 Hawthorn Drive, Eagleville
Project: 16 single-family homes

summersm343 · #**6186** Posted **May 9, 2024, 11:54 AM**

“Doylestown Walk” yet it’s not walkable to anything

I feel like suburban home builders do this all of the time. Gotta love it.

Side not, where is the water at “The Reserve at Waterside” in Ambler?

EastSideHBG · #**6187** Posted **May 9, 2024, 2:29 PM**

Quote:

Originally Posted by summersm343

Side not, where is the water at “The Reserve at Waterside” in Ambler?

It's a 55+ community with just an Ambler address but not in the borough and closer to the Bucks County line; if you're heading north it's right off of Limekiln Pike.

PHLtoNYC · #**6188** Posted **May 9, 2024, 3:07 PM**

Quote:

Originally Posted by EastSideHBG

It's a 55+ community with just an Ambler address but not in the borough and closer to the Bucks County line; if you're heading north it's right off of Limekiln Pike.

Summers was poking fun at the name not the location. "Waterside" with no water nearby.

But according to Toll's website, there is a large pool planned, lol.

3rd&Brown · #**6189** Posted **May 9, 2024, 4:48 PM**

Quote:

Originally Posted by summersm343

“Doylestown Walk” yet it’s not walkable to anything

I feel like suburban home builders do this all of the time. Gotta love it.

Side not, where is the water at “The Reserve at Waterside” in Ambler?

Whoever does the branding at Toll Brothers is terrible.

You'll be buying a million dollar McMansion in what's trying to be a leafy neighborhood and the street names will be like Amanda Drive or Wendy Way.

I'm sorry. But if I'm trying to be fake posh I want to live on Lillyfield Lane or Mayfield Walk, not Amanda Circle.

EastSideHBG · #**6190** Posted **May 9, 2024, 8:13 PM**

Quote:

Originally Posted by PHLtoNYC

Summers was poking fun at the name not the location. "Waterside" with no water nearby.

But according to Toll's website, there is a large pool planned, lol.

My bad, I was in a rush and didn't finish the thought but I was calling out the location to finish with that there is water there, a big pond and a smaller one behind it and how the road and development got the names.

summersm343 · #**6191** Posted **May 10, 2024, 2:51 PM**

Quote:

Originally Posted by EastSideHBG

My bad, I was in a rush and didn't finish the thought but I was calling out the location to finish with that there is water there, a big pond and a smaller one behind it and how the road and development got the names.

Haha, yeah, I was poking fun at the naming of the communities.

I'm surprised that Ambler one is still an Ambler address all the way up there. All in all though, this is a nice suburban area for anyone who likes suburbs. There is quite a lot around the Ambler, Blue Bell, Fort Washington, Spring House, Gwynedd, North Wales, Montgomeryville area. A ton of amenities around there for suburban loving dwellers. Ambler is a cute little walkable town too.

summersm343 · #**6192** Posted **May 10, 2024, 2:52 PM**

Quote:

Originally Posted by 3rd&Brown

Whoever does the branding at Toll Brothers is terrible.

You'll be buying a million dollar McMansion in what's trying to be a leafy neighborhood and the street names will be like Amanda Drive or Wendy Way.

I'm sorry. But if I'm trying to be fake posh I want to live on Lillyfield Lane or Mayfield Walk, not Amanda Circle.

Yeah it really terrible hahaha

PhillyRising · #**6193** Posted **May 10, 2024, 6:15 PM**

Ryan Homes is building townhomes in Exton called Exton Walk that sit behind the new Wawa and some are literally on top of Ship Road and they start at 500K.

500 K to have your back deck face the back of a Wawa.

Then up the road along ship are the single homes that now start at 1 million and the one model home up doesn't look that special. It's also right next to the SEPTA/Amtrak tracks.

PHLtoNYC · #**6194** Posted **May 13, 2024, 8:25 PM**

Housing market still going strong.

Philadelphia-area home price growth hits 2-year high as spring market gets off to a roaring start
https://www.bizjournals.com/philadel...Pos=0#cxrecs_s

The median home price in the Philadelphia region in April increased 11% year over year to $365,000, one of several key indicators showing the bustling spring market many in the real estate industry were waiting on and hoping for has arrived.

Also in April, inventory increased, more sales closed and homes sold at a quicker pace. It comes after a March when inventory was down, closed sales decreased and prices saw a more modest 7.7% increase in Greater Philadelphia.

Jawnadelphia · #**6195** Posted **May 15, 2024, 6:05 PM**

The Port of Wilmington is expanding through a public-private partnership that will invest over $600 million into the Port - including a name change, and total revamping of Edgemoor location. Estimates say over 6,000 new jobs will be created.

https://www.witn22.org/2024/05/08/de...hip-in-action/

iamdjmichael · #**6196** Posted **May 21, 2024, 6:14 PM**

Incyte to buy Bank of America buildings for growth https://delawarebusinesstimes.com/ne...nk-of-america/

domodeez · #**6197** Posted **May 23, 2024, 12:41 AM**

The relocation of Delaware Law School back to downtown has been in the works since Fall 2014, but it’s much more real now than ever.

This iteration of the plan incorporates a shared “campus” (reuse of one enormous building, the Bracebridge II) that includes the entirety of Delaware Law School operations as well as some programs from UD and DSU.

Fall 2027 opening is the aim.

https://delawarebusinesstimes.com/ne...ation-complex/

domodeez · #**6198** Posted **May 23, 2024, 2:45 PM**

Quote:

Originally Posted by iamdjmichael

Incyte to buy Bank of America buildings for growth https://delawarebusinesstimes.com/ne...nk-of-america/

Between the Incyte expansion and the Delaware Law School (plus UD + DSU programs), this side of Rodney Square should be very very different in a few short years

summersm343 · #**6199** Posted **May 23, 2024, 8:14 PM**

Some great Wilmington news lately for sure!

UrbanRevival · #**6200** Posted **Yesterday, 1:27 PM**

I don't believe this was posted yet. A life sciences firm is moving its HQ from Princeton, NJ to Radnor. Another great sign of strength in this sector for the area:

Quote:

Certara announces new corporate headquarters in Radnor
Global drug development firm sees ‘vibrant and dynamic community’

By FOR MEDIANEWS GROUP
PUBLISHED: April 17, 2024 at 9:18 a.m. | UPDATED: April 22, 2024 at 11:14 a.m.

RADNOR – Certara, Inc. (Nasdaq: CERT), a global leader in model-informed drug development, today announced the relocation of its corporate headquarters to Radnor. The new headquarters is 13 miles from downtown Philadelphia and will be close to the company’s legacy office in Blue Bell, Pennsylvania, which has been open since 2018.

Certara has 120 employees based in Pennsylvania and plans to hire more regional talent to support its expanding business. Gaining recognition as a prosperous life sciences community, the greater Philadelphia region was recently designated by the U.S. Department of Commerce’s Economic Development Administration as one of the nation’s inaugural Precision Medicine Tech Hubs. The area is primed for technology innovation and job creation, and well positioned to rapidly advance life science research and precision medicine initiatives.

“We are excited to move our headquarters to Radnor, a vibrant and dynamic community that offers a collaborative and engaging environment for our employees and clients,” said Dr. William F. Feehery, CEO of Certara. “We are honored to continue to play a role in the life science innovation driven by companies across this great state.”

https://www.mainlinemedianews.com/20...ers-in-radnor/