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Revamped former Cardone Industries complex

Sector: Car parking • Location: Philadelphia, Pennsylvania, United States

Source: The Business Journals

Project
Under Construction

Velocity Venture Partners is renovating the former Cardone Industries complex in Northeast Philadelphia, with tenants already secured for 40% of the industrial space. The firm plans to demolish 50,000 square feet of office space to shrink the property to 420,000 square feet and add more parking, with renovation costs estimated between $4 million and $5 million.

Status
Under Construction
Sector
Car parking, Commercial, Manufacturing (Industrial), Warehouse, Residential, Automotive
Location
Philadelphia, Pennsylvania, United States of America
Updated
22 Jul 2026
Source
The Business Journals

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The project “Revamped former Cardone Industries complex” is an infrastructure initiative in the Car parking sector, located in Philadelphia, Pennsylvania, United States. Taiyo aggregates data on it from The Business Journals.

Participants

Not available for this record.

Status

Original status

Under Construction

Taiyo status

Under Construction

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Velocity Venture Partners is renovating the former Cardone Industries complex in Northeast Philadelphia, with tenants already secured for 40% of the industrial space. The firm plans to demolish 50,000 square feet of office space to shrink the property to 420,000 square feet and add more parking, with renovation costs estimated between $4 million and $5 million.

Budget

Location

Country

United States of America (USA)

State

Pennsylvania

City

Philadelphia

Source

Source

The Business Journals

URL

More Details

Record type

Project

Sector

Car parking, Commercial, Manufacturing (Industrial), Warehouse, Residential, Automotive

Article published date

2025-04-14

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