Philadelphia’s Northbank Community Achieves 155 Contracts in One Year of Sales

(Philadelphia—October 5, 2021) After a year of sales and marketing by Urban Pace, Northbank hit the milestone of 155 contracts for the luxury townhome community in Philadelphia. The largest new planned urban community in Philadelphia continues with a strong sales pace of 12 homes per month, a record sales pace. Located on 30 acres along the Delaware River waterfront, at full buildout the residential community of Northbank will open the door to 358 townhomes and stacked condominiums.
“We are pleased to call Urban Pace our sales and marketing partner for new construction projects. We turn to them repeatedly because of their excellent track record in delivering exceptional results. Their expertise and knowledge of Philadelphia was proven in our last two townhome projects and is highlighted again with the success at Northbank,” said Devin Tuohey, Principal at The Concordia Group, which is developing the project in a joint venture with D3 Real Estate Development and The Resmark Companies.
The community offers a variety of townhomes models including The Anderson, The Brooks, The Commodore and The Essex that range from over 1,800 to 3,800 square feet, along with beautiful outdoor living and entertainment areas highlights views of the Philadelphia skyline and water. The floorplans include three- to five-bedroom and one- or two-car garages to provide options for buyers. Certain units have private elevators and expansive rooftop decks. The homes at Northbank start in the mid $500’s.

Contact:
Natasha Stancill, Urban Pace
202-253-3953
nstancill@urbanpace.com

For more information on Northbank, please visit www.liveatnorthbank.com.

About Concordia Group
The Concordia Group specializes in the development of urban, infill residential and commercial real estate throughout the Mid-Atlantic region. The Principals of The Concordia Group have over 40 years of combined experience and expertise in different facets of real estate development and manage the intricacies of development with expertise and innovative solutions.

About D3 Real Estate Development
D3 is a Philadelphia-based civic-minded, design-driven real estate company focused on developing progressive, modern and high-quality residential and mixed-use communities and providing Owner’s Representative and Development Management services to organizations that require focused, experienced guidance and assistance with their real estate needs.

About Urban Pace 
Urban Pace is the Mid-Atlantic leader in development real estate services including marketing, sales, leasing and advisory. Founded in 2001, our team is the experienced authority having worked on more than 275 communities from large master planned sites to urban boutique buildings. We specialize in condominiums, townhomes, apartments and new construction sites across all price points. Combining our strategic approach and proprietary technology, UPvelocity™, we have a track record of driving traffic and revenue with extraordinary results.  As part of a billion-dollar entity, The Long and Foster Companies, we have unmatched resources with a network of 11,000 agents and a dedicated Asia Pacific team. 

For more information on Urban Pace, please visit www.urbanpace.com or call 202-296-1203. Follow Urban Pace on Facebook, (www.facebook.com/urbanpace) and Twitter (https://twitter.com/urbanpace).