Developers to Break Ground on Philadelphia Senior Housing
Catch HFF, the NJ Economic Development Authority, Colliers, Hartz Mountain, Investors Bank and more at RealShare NEW JERSEY on September 16. New venue: The Hilton Meadowlands.
PHILADELPHIA-Developers will start construction on the first-of-its-kind LGBT-friendly affordable senior housing complex in Philadelphia on October 29, 2012. Pennrose Properties and Dr. Manus Hirschfeld Fund are the developers of the $19 million project financed by federal, state and city funds. The six-story structure at 13th Street between Spruce and Locust streets will feature 56 single bedroom units, multipurpose spaces, a roughly 2,000-square-foot retail space and a 5,000-square-foot enclosed courtyard.
The project is scheduled for completion by the end of 2013. For the full story, go to Philadelphia Business Journal .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
You can now be notified via email if this story is updated by clicking on the "Follow this Story" link. You must be a registered member to take advantage of this "members only" benefit.