Development

Pioneering vibrant transformations, we specialize in turning underutilized real estate into thriving, state-of-the-art developments. Through our extensive portfolio, which spans millions of square feet and includes several major urban landmarks, we enhance neighborhoods nationwide.

Industry Expertise:

We maintain strong relationships with leading developers and have a development subsidiary

Nationwide Reach:

We build iconic projects in every major U.S. market

Building Trophy Assets:

We create future-thinking spaces, from residential towers to medical facilities

Human-Centric Design:

Our established design principles prioritize sustainability and connectivity

Innovative Excellence:

We emphasize creativity and maintain the highest standards

National Real Estate Development

Our independently operating subsidiary, National Real Estate Development, LLC (“National Development”), actively sources and manages new development opportunities while providing expertise on construction and development matters for the firm. Committed to advancing the best interests of National’s clients, our skilled team transforms visions into reality, setting new standards in development nationwide.

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National Development's Projects

Past

Jefferson Honickman Center

Philadelphia, PA

East Market

Philadelphia, PA

East Market – 1100 Ludlow

Philadelphia, PA

East Market – The Ludlow

Philadelphia, PA

East Market – The Girard

Philadelphia, PA

The Bloc – 700 S. Flower Street

Los Angeles, CA

711 S. Hope Street

Los Angeles, CA

100 Van Ness

San Francisco, CA

150 Van Ness

San Francisco, CA

The Noble – 200 Spring Garden

Philadelphia, PA

Northern Liberties – 412 N 2nd Street

Philadelphia, PA

The Stacks

Washington, D.C.

Stephen Girard Building

Philadelphia, PA

National Development's Latest Work

The specialized Jefferson Honickman Center marks the final phase of the team’s 4.3-acre mixed-used East Market Development in downtown Philadelphia. National Development partnered with Jefferson Health to construct a 462,000-square-foot Medical Office Building with a 300-car below-grade parking structure and adjacent public plaza.

2013: Inception Date¹

6.3 M SF: Developed / Under Development²

1.6 M SF: Pre-Development²

$2.9 B: Development Costs²

News & Insights

Construction & Development

10/31/2024

Buzzard Point’s, The Stacks, Welcomes Launch Workplaces and Community Gym by Balance Gym and Flex

As The Stacks’ First Phase Nears Delivery, Two New Community-Serving Businesses Will Occupy A Combined 21,000 SF of Space Akridge and National Real Estate Development (“National Development”) announced the first fitness and office additions joining The Stacks: Launch Workplaces, a coworking and flexible office operator, and a new community gym concept by Balance Gym and […]

Construction & Development

10/25/2024

A Look Inside a Landmark Office-to-Residential Conversion: 100 Van Ness in San Francisco

Amidst rising interest in office-to-residential conversions, we are revisiting a groundbreaking early project in our portfolio. Converting a dated San Francisco office building into a modern residential tower, Senior Director of Construction Management Brian Dylus provides insights into the challenges, innovations, and triumphs of this revolutionary transformation. Can you give us an overview of […]

Press Releases

10/01/2024

Office-to-Residential Conversion at 1625 Massachusetts Ave Breaks Ground in D.C.

The first office-to-residential conversion to receive a tax abatement from the Housing in Downtown program will bring transformative residential solutions to the Dupont Circle neighborhood of Washington D.C. Today marks the groundbreaking for 1625 Massachusetts Avenue, the latest office-to-residential conversion project in the Dupont Circle neighborhood of Downtown Washington D.C. The project is owned […]

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