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ActivePhiladelphia, PA, 19123
2 Acres on Waterfront In Prime Location for Development By-Right Development Potential Pier25 is a by-right development site permitting a broad range of uses, including multifamily, for-sale residential, retail, office, and hotel. A recent highest-and-best-use analysis identifies multifamily residential with supporting commercial uses as the optimal development strategy. The property has also received prior development approvals, further enhancing its entitlement profile. Compelling Investment Opportunity Shifting demographic, cultural, and economic trends continue to favor urban, waterfront living, positioning Pier25 as a highly attractive long-term investment. The site offers a rare opportunity to acquire a prime waterfront parcel at today’s market pricing, with significant upside potential as market conditions and demand drivers continue to strengthen. These fundamentals are expected to support sustained growth in residential and mixed-use development along Philadelphia’s Central Waterfront.
Listed by: david m cohen, Compass Pennsylvania, LLC
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