Archive Author: Radnor Property Group

Philly’s Industrial-To-Multifamily Conversions Are A ‘Dwindling Resource’

Transposed from bisnow.com article written by Matthew Rothstein published 10/11/2017. Construction costs and the late stage of a development cycle make for a tough environment for multifamily construction in Philadelphia. Industrial-to-multifamily conversions have made for a cheaper, trendy alternative, but they are a finite resource that may be running out. Current projects around North Broad Street, like Radnor … Read more

10-story Hamilton tower breaks ground in Logan Square 279 apartments on the way in 2018

Transposed from Curbed.Philly.com article written by MELISSA ROMERO  SEP 12, 2017, 2:15PM EDT The $82 million first phase of the Hamilton, a mixed-use residential development planned for a parking lot in Logan Square, officially broke ground today at 15th and Hamilton streets at a demolition party. Developers, city officials, and the Community College of Philadelphia traded the … Read more

Radnor Property Group and Community College of Philadelphia Break Ground on The Hamilton

September 12th, 2017 (Philadelphia, P.A.) Radnor Property Group and Community College of Philadelphia have today officially commenced construction on The Hamilton, an innovative mixed-use development located at 15th and Hamilton Streets. Conceived by project developer and owner, Radnor Property Group, the $150 million urban development, located steps from the College’s Main Campus, will bring to … Read more

Radnor Property Group Sells University City’s 3737 Chestnut for $118 Million at 100% Occupancy

PHILADELPHIA, PA (July 12, 2017) – Leading real estate development company Radnor Property Group LLC has announced today the sale of 3737 Chestnut, a $92.5 million from-the-ground-up development which was completed in fall of 2015. The 26 story, 276-unit apartment building was sold to a joint venture of Korman Residential and The Carlyle Group for … Read more

Groundbreaking For Vue32

Project rendering

A little over a year ago, we told you about a plan for a sixteen story tower and twelve for-sale residential units at 3201 Race St., replacing a surface parking lot and some poorly maintained homes. At the time, the project had already gone through the Civic Design Review process, but it hadn’t yet gone … Read more

Developer breaks ground on $56M University City project

Project rendering

Radnor Property Group of Wayne will break ground Wednesday on Vue32, a mixed-use project on Drexel University land at 3201 Race St. in University City. The $56 million project includes a residential tower, for-sale townhouses, a preschool and a plaza area for community use. The 16-story tower, with 164 rental apartments, including junior one-bedroom, one-bedroom, … Read more

Radnor Property Group and Drexel Break Ground on Newest Mixed-Use Development: Vue32

Radnor Property Group LLC and Drexel University broke ground for a new mixed-use development project, Vue32, in University City. The new complex, designed by Erdy McHenry Architecture, will include a 176,000+ square-foot 16-story residential tower, for-sale townhomes, a Nobel Learning Communities preschool and a community plaza with spectacular views to Center City. “As our neighborhood … Read more

Channel 6 Action News – Vue32 Groundbreaking

Vue32 Groundbreaking

Workers broke ground on the development project at 32nd and race. It includes a 16 story apartment tower plus town homes and underground parking and a preschool and community plaza. The property is owned by Drexel University and is expected to be completely next spring. Click to view video.

Meeting University City needs

It was not, David Yeager readily acknowledged, your typical urban high-rise-apartment construction project. But Yeager, founder of Radnor Property Group in Wayne, had never partnered on a project with a church – in this case, the Philadelphia Episcopal Cathedral. That partnership has produced a 26-story, 276-unit glass-and-steel structure at 37th and Chestnut Streets and a … Read more