East End’s Bakery Square 2.0 Complex Adds Townhouses

Construction of 52 luxury townhouses is expected to start this summer in the East End’s Bakery Square 2.0 complex, bringing the first for-sale housing to an area where apartment, office, retail and tech development has blossomed.

“It’s another piece of the puzzle,” said Gregg Perelman, CEO of Walnut Capital Partners, developers of the growing Bakery Square complex along Penn Avenue in Larimer and Shadyside.

Perelman said the townhouse development will be called Bakery Village. Prices will start in the “mid-to-high $400,000 range,” Perelman said.

“It’s the right price point for this market,” Perelman said.

Read more: http://triblive.com/news/allegheny/8502370-74/bakery-building-square#ixzz3cD3bKKRM
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Icehouse Condos’ Next Phase Begins In Fishtown

Map of Pennsylvania highlighting Philadelphia County (Photo credit: Wikipedia)

Nearly a decade after he started the project, James Maransky has finally finished the second phase of the Icehouse, his 36-unit condominium development at Thompson Street and Columbia Avenue in Fishtown.

EnVision Group, his company, now will break ground on a third phase. One block over from the Icehouse on Columbia, it is developing Moyer Street Court townhouses.

Maransky, founder of EnVision and a green-roof professional who specializes in Leadership in Energy and Environmental Design-certified construction, said many of his colleagues in the industry did not make it through the financial crisis.

He knows how hard it was – and almost had to stop work himself. The Icehouse’s second phase was on ice, figuratively, during the financial meltdown as banks backed away from new projects. But, Maransky said recently as he looked out on the project’s common green-roof area, “I was so confident that once the first phase was finished, the second phase would sell out – and it did.”

Read more at http://www.philly.com/philly/classifieds/real_estate/20140914_Phase_III_of_Icehouse_beginning.html#0keucPoskwfxbgLA.99

Limerick Officials Pleased With Developer’s Revised Plans

Location of Limerick Township in Montgomery County (Photo credit: Wikipedia)

LIMERICK TOWNSHIP, PA — Two weeks after his revamped plan for a development featuring four-story buildings and higher densities met strong opposition from the township officials, Mark Quigley appears to have found a happy compromise.

“I appreciate you looking at it again,” Supervisor Kara Shuler said after Quigley presented his new plan at the July 16 supervisors’ meeting.

“I have to really commend you for the way you did this,” said supervisors’ Chairman Joseph St. Pedro.  “You listened to us and you went back (and worked on it) and came back and presented to us … I have no problems with this.”

Originally, Quigley presented a development at the corner of Ridge and Swamp pikes consisting almost entirely of townhouses and commercial space.  One of its big draws was that it would link Lewis Road with Swamp Pike.

Read more:  http://www.pottsmerc.com/article/20130724/NEWS01/130729940/limerick-officials-pleased-with-developer-s-revised-plans#full_story

York’s State-Of-The-Art Housing Complex To Open In April

Map of Pennsylvania highlighting York County (Photo credit: Wikipedia)

York, PA – The sawdust floated down like late-winter snow, but officials said by summer the city will have more than two dozen state-of-the-art housing units and a bright new view along South George Street.

George Street Commons, a collaborative effort between the City of York, the Y Community Development Corporation and Ohio-based developer PIRHL is nearing completion, according to Kevin Schreiber, the city’s community and economic development director.

Residents could begin to move in to part of the $10 million, 28-unit site along East College Avenue as early as April, he said.  It should be completed by August.

“This is a really strong, good city project, a good, mixed-use development,” he said, walking the muddy construction site on Friday.  “There’s a lot here we’re excited about.”

Read more:  http://www.ydr.com/local/ci_22615510/yorks-state-art-housing-complex-open-april