The redevelopment of commercial real estate in a Philadelphia suburb has been stalled by what prospective developers say is a mountain of bureaucracy.
Some residents of a Philadelphia suburb are fighting the development of a piece of commercial property in their neighborhood, saying the addition of a planned mega-sized supermarket and gas station would decrease their homes' values and shatter their quality of life.
Real estate professionals are wondering what how to use 49 parochial schools scheduled to close in the Philadelphia area. The Archdiocese of Philadelphia announced this will be the final school year for 45 elementary and four high schools in and around Philadelphia. Each location is unique, real estate professionals said, and will require just the right use to fit the area and the architecture. There will no doubt be zoning and usage concerns for most of the properties, which can be sticky issues for developers.