NY Firm Buys LEED Gold Building in Bucks County

Photo courtesy of Elysha Chang at Meelo and Chloe.

Photo courtesy of Elysha Chang at Meelo and Chloe.

Ten minutes north of the Oxford Valley Mall is an unobtrusive building recently acquired the Advalurem Group, a New York-based real estate investment firm. The property, located at 1000 Floral Vale went for $19 million.

Built in November of 2009, the 89,000-square-foot office building in Bucks County holds a LEED Gold certification for “meeting energy efficient and environmentally safe design standards”. The construction, which has 80 percent of its space leased, caught the firm’s attention upon realizing its location would prove advantageous.

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The Fatland Estate Is Going For $9 Milllion

The Vaux Hill mansion at 1248 Pawlings Rd.

The Vaux Hill mansion at 1248 Pawlings Rd.

The historic footnote that is Vaux Hill mansion may have had its splendiferous interior stripped of the gilded antiques that once furnished its rooms, but the property, which sits on the 15-acre Fatland estate in Phoenixville, appears as stately as ever.

The sale, which is quite literally a dollar under $9 million, includes the renovated and restored Greek Revival-style home, tennis court, horse pastures, and pool with pool house. There’s also a separately deeded stone barn on a 3-acre parcel. A fence surrounds the entire residence and a tree-lined drive leads to the courtyard with carved marble fountain.

Below is the breathtaking gallery.

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RealtyTrac Heat Map Reveals Where Millennials and Baby Boomers Are Going

RealtyTrac heatmap showing where the largest shift in millennial population is occuring.

RealtyTrac heatmap showing where the largest shift in millennial population is occuring.

Which counties are seeing an influx of millennials? Which are seeing rapid emigration? And where the heck are baby boomers going? RealtyTrac’s latest report answers these and other questions after analyzing Census population data in over 1,800 counties between 2007 and 2013.

In addition to using the Census data to track each generation’s migration patters, the study used rental rates and median prices to see what prompted millennials and baby boomers to go certain places and not others. (For the record, RealtyTrac defines baby boomers as people born between the years 1945 and 1964, and millennials as those born between 1977 and 1992.)

Here’s what the real estate website found in its analysis: Read more »

Morning Headlines: 40th Street Trolley Station Redesign Plan Gets More Funding

Photo credit: University City District website.

Rendering of the planned renovation.
Photo credit: University City District website.

According to the Daily Pennsylvanian’s Sophia White, the University City District, which has been fundraising for the 40th Street trolley station redesign project since 2012, has “raised $1.4 million of its $2 million goal.” Added to this sum is a recent $6,500 award to the project, courtesy of PECO and Natural Lands Trust.

White reports that Lori Brennan, UCD’s spokesperson, sees the renovation as ideal given its location as a “crossroads of economy-shaping institutions and job-creating commercial corridors” and “key access point that allows residents of the region to efficiently commute to Philadelphia’s central business district.” UCD hopes to see the station’s potential through. From DP:

UCD wants the space to better reflect the dynamic neighborhood that the station introduces. Traveling from Center City into West Philadelphia, SEPTA trolley riders currently emerge from a dark tunnel to face a bleak acre of underused space. But after the renovations, this unattractive first impression will become a “vibrant and social space, featuring trees, movable tables and chairs, native horticulture, artful lighting and boulders for creative play,” Brennan said.

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Back to School: Gorgeous Penn Alexander-Area Victorian

4623 Cedar Ave, Philadelphia, PA, 19143

4623 Cedar Ave, Philadelphia, PA, 19143

Pocket doors with leaded glass, decorative fireplaces, hardwood floors with inlay… With three stories and a partially finished attic, this Victorian property has beautiful historic details in abundance.

Features of note: turned staircase, curved plasterwork, leaded bay windows (comes with benched seating) in the living room, den with back staircase, and a second-floor bedroom with original armoire. The bedrooms total to six and the third floor hosts the in-law suite.

For parents, the location will be a draw, as the home is in the Penn Alexander catchment.

Gallery below.

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Splendiferous Interiors: Kitten Edition

Anyone who’s been to the Rocket Cat Cafe on Frankford Avenue may be familiar with the eye-catching kitty that stands guard over the Fishtown coffee shop. But has anyone ever wondered if the cafe would (or could, because you know, health requirements and all) ever actually live up to half of its name?

As in, there’d be cats walking around?

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DesignPhiladelphia’s Kickoff Party Is Coming Up!

design-philadelphia-logoDesignPhiladelphia, whose 2014 schedule is out now, launches its festival with PopUp Place, an experiential benefit and cocktail party on October 8th. The event will include live bidding for the Reflecting Design Silent Auction, which features 20 works by Philly designers asked to transform an IKEA mirror into “something daring and remarkable.”

PopUp Place, which has a tradition of shining the spotlight on undiscovered but promising “design destinations,” will highlight Fishtown this year, and digital design agency Bluecadet (who is hosting the opening party) will allow guests to explore their 8,400-square-foot headquarters. Tickets to PopUp Place 2014 can be purchased here.

Also, don’t forget Property will have an event at DesignPhilly as well! Property Presents: Tales from the Design World will feature a variety of five-minute stories by the city’s designers, writers, architects, urban planners and photographers. Our own Liz Spikol will host the event and tickets are free. So go, go, go! We’ll see you there!

Morning Headlines: The Divine Lorraine Now Has A Website (And More Photos!)

Photo by Jeff Fusco

Photo by Jeff Fusco

In anticipation of the Divine Lorraine renovation, EB Realty Management Corp. unveiled a website for the historic North Broad structure a few days ago.

For some reason this makes the mixed-use project feel more official, not least for the reason that it includes a “waiting list” sign up form for those of us interested in getting up-to-the-minute updates on its progress. Other goodies: de facto list of those involved, street and building history, neighborhood impact summary, and historic and current photographs of the property.

• Digital Development: New Divine Lorraine Website Plus Pics [Curbed Philly]

In other news…

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Are Tiny Homes In? This Little Row Home Makes A Case

2208 manning street philadelphia pa 19103

How much would you shell out for a teeny tiny home? Architizer’s Matt Shaw poses the question, albeit with regards to this modern micro-abode in north London. It got us thinking about what little historic houses line the streets of our city proper, which led to this Fitler Square gem.

First off, don’t be fooled by its size. The adorable home makes good use of its available space and might even beat owning a condo (at least, that’s what the listing boasts)! Case in point, the first level open floor plan: hardwood floors, crown molding, and French doors with access to a wood-fenced yard with patio are all on display. The updated kitchen features maple cabinetry, SubZero fridge, and granite counters and backsplash among other brand appointments.

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Either/Or: Two Charmers In Bella Vista

Left to right: Living rooms of 750 and 763 South 9th St.

Left to right: Living rooms of 750 and 763 South 9th St.

Unlike the South Third row houses from weeks ago, these two aren’t neighbors. But they are on the same block: South Ninth Street between Fitzwater and Catharine. Both offer garage parking, bi-level roof decks, and a minute-walk to the Italian Market. Here are the deets:

750, which consists of two separately deeded properties sold together, includes a main house with wide-plank cypress wood floors (the interior is French farmhouse-inspired), second-floor family room with built-in office and bedroom suite, and roof decks with built-in seating (1st level) and garden and drip irrigation system (2nd level). Outside the kitchen, a brick patio and walkway lead to the rear property made up of garage and guest house.

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