Recent news came in regarding the plans of the Philadelphia Redevelopment Authority seizing properties by eminent domain for an affordable housing plan. Previously, a Philadelphia city councilman had proposed taking 43 properties in the Point Breeze community by...
Month: November 2012
New Pa. law will assist in redevelopment
The recently enacted state Land Bank Act will allow municipalities in Pennsylvania to take over blighted and condemned properties in order to repurpose the land.Under the law, the local governments will be able to cancel liens on properties and wipe out bank...
Pa. man disputes property zoning
A Pennsylvania zoning board will hear testimony in a real estate dispute with a man who claims officials have tagged his property with the incorrect zoning.The man owns a house and a small electronics shop on Freedom Road in the community of Cranberry. The problem is...
Area moves closer to redevelopment
The acquisition of a piece of commercial property in Philadelphia's Center City area, when finalized, will help to lead to redevelopment of a key downtown corridor.Officials said the $60 million deal was nearly finalized. The agreement calls for the owner of the...