Center City Development
Philadelphia, PA 11–50 employees 3 principals
Last updated
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 real estate development firm headquartered in Philadelphia, Pennsylvania. Founded in 2010, the company operates with 16 years of continuous industry experience, concentrating its development strategies exclusively within the local Philadelphia metropolitan market under the leadership of Managing Partner Noah Ostroff. The enterprise focuses on two primary real estate sectors: high-end residential and mixed-use developments. To date, the business has successfully delivered more than 450 residential units, maintaining a construction pipeline that encompasses both ground-up new construction and the adaptive reuse conversion of existing commercial office spaces into modern residential environments. The company has successfully developed and remodeled more than $300 million worth of properties, representing a production volume of approximately 775,000 square feet across its historical and active portfolio. The organizational model supports regional economic growth by employing hundreds of construction and trade workers throughout its operational history.
Principals at Center City Development
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Recent activity at Center City Development
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Center City Development's project portfolio
4 projects on file · Residential (general) (4)
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Markets and themes
Markets Center City Development operates in
Investment themes at Center City Development
Capabilities
- Mixed Use
- Public-private partnerships
- Transit-oriented development
- Urban infill
Operators similar to Center City Development
- Turner Brothers Real EstateMid-market tierMultifamily - CoreMultifamily - Ground-up+1 more theme
- Cabot, Cabot & ForbesMid-market tierPhiladelphia-Camden-Wilmington, Pennsylvania-DelawareMultifamily - CoreMultifamily - Ground-up
- Glencrest GroupMid-market tierSingle-family rentalMultifamily - Ground-up+1 more theme
- Dranoff PropertiesMid-market tierPhiladelphia-Camden-Wilmington, Pennsylvania-DelawareMultifamily - CoreMultifamily - Ground-up
- Gibraltar PropertiesMid-market tierPhiladelphia-Camden-Wilmington, Pennsylvania-DelawareMultifamily - CoreMultifamily - Ground-up
- Cypress Equity InvestmentsMid-market tierMultifamily - CoreMultifamily - Ground-up
- Three Leaf PartnersMid-market tierMultifamily - CoreMultifamily - Ground-up
- Strada Investment GroupMid-market tierMultifamily - CoreMultifamily - Ground-up
- The Town Lake CompanyMid-market tierSingle-family rentalMultifamily - Ground-up
- Stamm Development Group LLC (SDG)Mid-market tierPhiladelphia-Camden-Wilmington, Pennsylvania-DelawareMultifamily - Ground-up
Frequently asked questions about Center City Development
- What does Center City Development do?
- Center City Development is a real estate development firm headquartered in Philadelphia, Pennsylvania.
- Where is Center City Development based?
- Center City Development is headquartered in Philadelphia, PA.
- What markets does Center City Development operate in?
- Center City Development is active in Philadelphia-Camden-Wilmington, Pennsylvania-Delaware.
- How many employees does Center City Development have?
- Center City Development has 11–50 employees.