Mark Nicoletti (on the right), with brother-in-law Joe Ferrier. Photo by Laura Kicey.
Property Profiles is a series highlighting the people who have defined the Greater Philadelphia area and continue to chart its future–from established developers with numerous projects behind them to young visionaries who are just starting out to under-the-radar players who get everything done. Have someone you’d like to see featured? Send us an email and let us know!
Philadelphia Suburban Development Corp. (PSDC), one of the area’s largest commercial real estate companies, is spreading its wings and taking on an ambitious residential project in Towamencin Township. The family-owned PSDC has developed more than 100 properties since its founding in 1962. It not only buys and develops properties, but it helps clients like universities and correctional facilities find space and customize it with an in-house construction team and partner architects. The company also fosters community-oriented missions by redeveloping old, by-the-wayside properties and then leases them to nonprofits.