Changing Tide: Millennial-Driven Apartment Development Planned for Atlantic City

The apartment building at 1 North Boston Avenue | Via Google Street View

The apartment building at North Boston and Atlantic Avenues | Via Google Street View

It seems like the lion share of development in Philadelphia these days is geared at capturing the ever-wandering attention of the young professional, also known as millennials. No matter what you call them, their influence isn’t only being felt in the City of Brotherly Love. Head southeast about 60 miles and there is an interesting apartment conversion about to take place that will look to serve the young workforce of Atlantic City.

Mark Callazzo wears a few hats in the region. For one, he’s the CEO of Alpha Funding Solutions, the lending and development team from Lakehurst, New Jersey behind the renovation of a former apartment building at 1 North Boston Avenue. He’s also the owner of the Atlantic City Bottle Co. and The Iron Room, a speakeasy restaurant in Atlantic City that happens to employ a few young people. Before the CEO Callazzo got involved in the renovation, he polled some of the “kids” at his restaurant to see what they thought of the city. The results? None of them live in A.C., mainly “because there is no good, affordable, cool housing,” said Callazzo. “And that’s what we’re looking to do.”

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Property’s Selfies: Allan Domb, Carl Dranoff and a Few Surprises

Allan Domb, City Council candidate.

Allan Domb, City Council candidate.

Did you know the world’s first selfie was (probably) taken in Philadelphia in 1839? In honor of the most historic month in American history (thanks again, Founding Fathers!), we’ve dedicated an entire cover and section of July’s Philadelphia magazine to the movers and shakers of the city in which a photographic phenomenon was born (albeit inadvertently) over 175 years ago. Without further adieu, here now are the selfies from Philly’s real estate, development and design world.

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Main Line Monday: Greta Garbo Might Have Lived in This Gladwyne Manse If …

TREND images via Zillow.com

TREND images via Zillow.com

When it comes down to it, Greta Garbo really might have lived in any one of the Main Line’s grand mansions had she elected to grace the area with her presence every now and then. But according to hearsay that’s been passed down through the decades, “River House,” a Schuylkill River-side residence in Gladwyne, this is the one she might have lived in. Per the listing:

Legend has it that “River House” was built for Leopold Stokowski, director of the Philadelphia Orchestra, and his lover, famed film star, Greta Garbo, but following a disagreement, they never acquired the home.

We can’t vouch for that conjecture, but it is true that Stokowski and Garbo appeared to have been friends and travel companions.  In any case, River House went on to belong to another set of artistic types, in this case Helen Tyson Madeira and Louis C. Madeira IV. The Madeiras, who purchased the property in 1940, lived there “for nearly three-quarters of a century.” Now, the home is on the market for the first time since they acquired it.

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Headlines: Is Independence Mall Center City’s Next Hot Neighborhood?

independence-beer-garden-day-940

The Independence Beer Garden was a gamble that paid off on Independence Mall

In just a few short days, droves of people will descend on Independence Mall to celebrate the birthplace of America. But what if that shot of life to an otherwise sleepy tourist center were to stick around all year round?

Thanks in large part to a few people who saw some serious potential in the massive buildings surrounding America’s “most historic square mile,” it’s actually starting to happen. According to The Inquirer, it kicked off with the purchase of the Dow Building in 2013.

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Open House: Super Cool (and Super Tiny) WashWest Carriage House Packs a Punch

Images by TREND via Keller Williams Center City

Images by TREND via Keller Williams Center City

Here’s a home you’re definitely going to want to scope out at the open house on Sunday. Why? For starters, it’s packed with a bunch of great features, including two sets of original balcony carriage doors, built-in shelving, lovely wood floors and beautiful exposed beams.

But don’t be fooled by its paltry 649-square-feet listing, you’re going to want to see how the owners fit so much into a relatively tiny space. It’s all down to the layout, baby.

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Holy Bjarke Ingels! Starchitect-Designed Office Building Coming to The Navy Yard

Photo | Jeff Fusco

The boom continues at the Navy Yard | Photo | Jeff Fusco

Want yet another example that the powers that be at the Navy Yard aren’t messing around when it comes to making the campus the major business hub in the region? Liberty Property Trust and Synterra Partners have announced that they will hold a groundbreaking ceremony on Tuesday, June 30 for a 94,000-square-foot speculative office building at 1200 Intrepid Avenue. It all goes down at 11 a.m.

Building a major office building without an attached tenant would be news enough in this city, add in the fact that it will be designed Bjarke Ingels Group (BIG), a global phenomenon in architecture and design, and the development team has really nailed down their point.

To recap: we have a starchitect-design office building with no tenants in the city’s booming business park. Has your imagination started to run wild? Ours hasn’t stopped. For instance, check out this nugget from the media advisory (emphasis is ours):

The building at 1200 Intrepid Avenue is Liberty’s fourteenth development in its 1.35 million-square-foot Navy Yard portfolio. The gravity defying design of the building mimics the circular nature of the new park at its doorstep, Central Green.

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Property’s Photo of the Week: It’s a Beautiful Day in the Gayborhood

The sky may not be in the sunniest of spirits and our Photo of the Week pick, shot by photographer Jason Coopman who shares amazing photos on Instagram, looks to have been taken yesterday, but there’s just something a little extra special about today.

We think you know what it is, but we’ll just leave this shot of the newly added rainbow crosswalks at Locust and 13th to give you an idea. I mean, it’s certainly a beautiful day to be in the Gayborhood.

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Farmhouse Friday: Trunnel Hyll, New Hope’s Coolest Barn Reconstruction

TREND images via Zillow.com

TREND images via Zillow.com

Ah, Trunnel Hyll. How exactly did this stand-out residence in the middle of New Hope come to be, you ask? Well, according to the listing, Worthington Construction is responsible for this neat fusion of period barn structures. (And you know we love country-style renovations!)

The property’s unique architecture is one thing, but the fact of the matter is it was also constructed, wherever possible, with natural and energy-efficient products and systems. The home features, for example, a state of the art geothermal heating and cooling system, which essentially lowers the cost of winter heating and summer cooling for you. Pretty sweet, right?

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Headlines: More Football Stadium Speculation as Temple Demos Buildings

shutterstock_temple-flag-940x540It seems like everytime Temple looks to demolish any university-owned structures (of any size), the old football stadium question starts to pop up. Remember all the hubbub over William Penn High School? The latest round of speculation is actually quite intriguing.

Naked Philly recently spotted that the Triangle Apartments near Broad and Norris, long used as graduate student housing, have been razed. Given their proximity to the recreation facilities between Broad and 16th Street, it’s possible that Temple would have enough room to finally build that 30,000-seat (or so) stadium facility for their football program, which may or may not just be “big, bad idea” anyway.

Again, this is pure speculation, as Temple hasn’t announced their plans for the site. It was marked as “recommended for removal” under their recent master plan, Visualize Temple. So, will the Temple football stadium happen at this (or any) campus location? We’ll be sure to update you once more information becomes available.

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