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Urban Renaissance Real Estate Development Group
Urban Renaissance Group ("URG") is the wholly-owned real estate development subsidiary of
LEGACY GROWTH PARTNERS. URG’s mission is to deliver profitable, high-quality mixed-use
buildings that revitalize communities.
Our Development Strategy
- Focus on Transit Oriented Development ("TOD") communities
- Build grass-roots support through partnership with existing residents, government
officials and new and existing businesses
- Produce efficiently designed buildings resulting in significantly lower cost to build and
higher revenue per square foot
- Maximize the use of certain programs to provide access to favorable long-term financing and
government grants and tax credits
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Philadelphia; Uptown Cultural District
The North Broad Street Path of Development is located within the Uptown Cultural District of
Philadelphia, PA
(the “Development”).
"The Development consists of a group of non-adjacent
buildings located between Temple’s University’s Medical School and The Undergraduate Campus spread
over
six phases."
URG successfully completed the first phase of this development in the first quarter of 2010. This
ten-unit structure was the first investment in this area for over a decade proving that high-quality
manufactured housing could transform the Urban Cultural District’s urban blight to urban beautiful at
below traditional costs.
URG has established strong relationships with local and state officials and received support to
proceed with additional phases, approval from City Council members, and have secured long-term
financing.
"With Philadelphia as the first geographic market, URG believes its unique and differentiated
development footprint can be leveraged to several other cities in the country."
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