Center City Development

About Center City Development

Center City Development is a real estate operator headquartered in Philadelphia, PA. Center City Development operates in Philadelphia-Camden-Wilmington, Pennsylvania-Delaware. Its investment focus is on Multifamily - Core, Multifamily - Ground-up and Single-family rental.

Center City Development is a Philadelphia-based real estate development company founded in 2010. Operating with 16 years of continuous industry experience, the firm focuses its development strategies entirely within the Philadelphia metropolitan market. The enterprise operates under the leadership of Managing Partner Noah Ostroff alongside a specialized construction and development management team. The company has successfully developed and remodeled more than 300 million dollars worth of properties. This production volume represents approximately 775,000 square feet of past, present, and future projects. The organizational model has supported regional economic growth by employing hundreds of construction and trade workers throughout its operational history. The firm focuses on 2 primary sectors of real estate, consisting of high-end residential and mixed-use developments. To date, the business has successfully delivered more than 450 residential units to the local housing market. Its construction pipeline encompasses both ground-up new construction and the adaptive reuse conversion of existing commercial office spaces into modern residential environments.

Principals at Center City Development