Development boom continues on Philadelphia’s North Broad Street corridor

Philadelphia -- Metro Commercial Real Estate has been named the exclusive listing agent for 1300 Fairmount, located in Philadelphia, steps from the Fairmount Station of SEPTA’s Broad Street Line and bus system.



The mixed-use project by RAL Development Services, LLC and Amalgamated Bank’s Longview Ultra Fund, will consist of 486 apartments and structured parking above approximately 84,000 sq. ft. of retail space geared towards national and regional retailers.



“1300 Fairmount will revitalize a long-dormant site, stitching together several vibrant neighborhoods and bringing new retail to the area — including a critically needed supermarket,” said Robert A. Levine, CEO and president for RAL Development Services.