The Enterprise Center Portfolio 10 Properties in Philadelphia, PA

Located in the heart of University City, Philadelphia, the Enterprise Center Portfolio presents a rare 2.971-acre redevelopment opportunity across ten contiguous parcels. With street frontage on Market, Ludlow, and Farragut Streets, the site benefits from exceptional transit access—directly adjacent to SEPTA’s 46th Street Station on the Market-Frankford Line—connecting to Center City and beyond. Zoned CMX-3 with Transit-Oriented Development (TOD) and Mixed-Income Neighborhood (MIN) overlays, the site supports a wide array of uses including multifamily, office, retail, and mixed-use development. These overlays allow for a base FAR of 500%, with potential bonuses up to 800%, enabling up to 1,035,208 SF of buildable area for residential projects.
The property sits within a Qualified Opportunity Zone (QOZ), offering significant tax incentives for investors. University City is one of Philadelphia’s most dynamic submarkets, home to over 50,000 students and major institutions like the University of Pennsylvania and Drexel University. The area boasts strong job growth, high-income employment, and robust real estate absorption. Recent infrastructure upgrades and proximity to major innovation hubs such as Schuylkill Yards and uCity Square further elevate the site’s long-term value.
This offering is structured as a bid process with no set asking price. Binswanger is advising ownership and all offers must be submitted electronically per the memorandum’s instructions. The site is being sold “as is, where is,” and inspections are by appointment only.