PHILADELPHIA—Philadelphia's North Broad Corridor, one of the hottest redevelopment sites in Center City, can help "connect the dots" of redevelopment more broadly between the Center City area and the Temple University complex in North Philadelphia, Eric Blumenfeld, founder and principal, EB Realty Management Corp., tells GlobeSt.com exclusively.
"I'm going to talk about how we can connect the dots about where we came from and where we're going, the distinctive buildings that we're involved in and why they lend so much character," he says. "How can we preserve them in a way that's respectful of the past and see the need to cure obsolescence and create the best situation for the neighborhood."
Blumenfeld, who is participating in the "Build, Rebuild, Renew" panel at ALM's RealShare Philadelphia Conference February 9 at the historic Union League Club, has several signature projects in the works on North Broad Street. Coming off the ribbon cutting for his Mural Loft Apartments in the former Thaddeus Stevens School of Practice, a former school building at the corner of North Broad and Spring Garden Streets, Blumenfeld and his financing partner, William "Billy" Procida of Procida Funding recently launched the redevelopment of the historic Divine Lorraine Hotel in the neighborhood, which will encompass residential, office, retail, and dining space in an unusual and iconic building.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.