As 2024 begins, uncertainty persists for many development projects across the region. A difficult financing environment has put some proposals on pause, and altered or derailed others, but there is optimism that conditions will improve in the coming months.
With that as the backdrop, the fate of several key Philadelphia-area developments will be decided in 2024. More apartment buildings are slated to debut, several life sciences projects are making progress in and around University City, and suburban industrial development is poised to add to the sector’s supply. Others are years-long projects that could help shape the city’s economic future and are slated to reach turning points in the year ahead.
