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Progressive Housing Ventures develops new housing in older, close-in suburbs of Philadelphia.

Many once industrially-based towns are ripe for redevelopment as housing and retail. New housing choices, such as townhouses and condominiums, are needed for young professionals, “empty nesters,” first-time homebuyers, and people seeking low maintenance lifestyles within walking distance of train stations, restaurants, shops and activities. Such new investments revitalize older communities and prove environmentally friendly alternatives to “suburban sprawl.”