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 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