Development Management Projects
“Artful Living on the Breeze” Mixed Use Development
The Point Breeze section of South Philadelphia is a traditional row house and industrial neighborhood which has experienced increasing disinvestment since the 1950’s. The neighborhood has one of the highest crime rates in the City. It includes many vacant, boarded-up, or demolished houses. Two community groups, the Point Breeze Performing …
150,000 sf Film and Television Sound Stage
Philadelphia has been growing steadily as a filming location, creating a significant economic boost for the City. When the City’s first make-shift sound stage was slated for demolition, the Greater Philadelphia Film Office (GPFO) started looking for a new location. It found a possibility in Building 120 at the Philadelphia …
Building 79 Redevelopment
The Philadelphia Navy Yard needed to relocate a 10,000 sf tenant rapidly. The tenant needed to be satisfied with any new space offered; the owner needed to meet its budget. The owner turned to Athenian Properties.
63,000 sf Industrial Building
An industrial facility in the mixed use Northern Liberties neighborhood of Philadelphia was to be liquidated by the Trustee for bondholders.
833 Chestnut East | 750,000 sf Commerical Office Building
A financial institution became the owner of this property at the time a 350,000 sf tenant was moving out, leaving the building 27% occupied. Major systems, such as HVAC and electric, were outmoded and in some cases failing. The building had a negative cash flow.
The Cosmopolitan | 191 Apartments / Retail / Parking
A vacant city-owned lot next to an historic loft building in a deteriorated Center City neighborhood caught the eye of principals at an Athenian predecessor firm.