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Malvern, Pa., Uptown Worthington
Tomorrow, we're holding our first-ever Bisnow Philadelphia State of the Market event, featuring speakers like O'Neill Properties Group's Brian O'Neill, who has ?thousands of new units? under way, including new complexes in Pennsylvania?s Valley Forge and Uptown Worthington in Malvern (above). ?We're just highly underbuilt,? he tells Real Estate Bisnow Philadelphia (subscribehere!). Where he's looking for sites: Philly, DC, and NY. Demand is coming from a ?move-down? trend into apartments, he says, including ?divorced fathers getting kicked out of their houses.? Or to put it another way—new bachelor pads.
12th & Walnut, Philadelphia
Also speaking: parking magnate and prolific developer Rob Zuritsky, prez of Parkway Corp, who says demand has finally stabilized after three years of falling, including at this Parkway deck at the city's 12th and Walnut. These are also signs that hotel occupancy has improved in Philly and corporate layoffs have slowed. Come hear Rob—he says he'll have a pretty big announcement during the event (so be there to get the scoop). Check out our other great speakers and register here!