REAL ESTATE

COMMERCIAL REAL ESTATE

Parkway Corporation is a full-service real estate development and management company with a long history and strength in land acquisition. The company carries its pre-development land by managing some of the best parking facilities in its markets. Parkway is actively looking to develop well-placed assets into office, residential, retail and/or multi-family developments. The company has joint ventured with some of the country’s most prolific developers and has also self-managed many projects.  We are constantly looking for opportunities to acquire and develop well-placed, urban land and are working actively to develop sites we already own.

 

Opportunities

We create opportunities by finding great locations and then doing the hard work to deliver the end product.  Below is just a sample of the great development sites in our land bank.  Click View More Properties below the listing to see even more opportunities.

15th & Cherry
1443-49 Cherry Street
Philadelphia
Pennsylvania
19102

Site is available for development.  Currently used for public parking. 

This site has an FAR 20 of 1,071,360 SF and is a unique large-scale development opportunity in the center of one of the largest metropolitan areas in the country.

Pod Philly Entrance

Case Studies

Case Studies

Hilton Motto Hotel

The idea to turn a 30± space parking lot into a 250-room micro hotel just made sense.  In recent years, Philadelphia has been on an upward trend from both a residential and retail standpoint and Parkway, with its Partner, Modus Hotels had the foresight to address the emerging need for short-term lodging within the city. Timing and location were the deciding factors in executing this development, which opened in 2019. Originally opened under Modus' POD flag, the hotel joined Hilton's Motto brand family in 2021.