Commercial Development

Commercial Development

Since incorporating community and economic development into its portfolio of services in 1990, APM has leveraged over $140 million in physical development financing—transforming a community of blight into a community of choice.

Projects completed since 1989 include:

  • The development of seven (7) Low-income housing tax credit rental units
  • 67 units of Market Rate rental
  • 163 units of home ownership
  • A 46,500 square foot retail center that includes a supermarket, financial institution and laundry
  • Preservation of over 100 units of existing home ownership
  • Stabilization of 20 acres of vacant land; and most recently
  • Paseo Verde—a mixed-use, mixed-income Transit-Oriented Development
    • Paseo Verde has LEED Platinum designation for Neighborhood District, Mid-rise building and Townhome
    • Paseo Verde consists of 67 units of market rate rentals, 53 units of affordable rental units
    • 30,000 SF of commercial space hosting a Pharmacy, a Federally Qualified Health Center and a Community Umbrella Agency (CUA) for the 24th & 26th Police Districts
    • APM Corporate Headquarters
    • The development of Paseo Verde led to the creation of 91 full time skilled jobs

For more information contact (267) 296-7305, or visit our office at 600 W. Diamond Street.

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Addressing the Coronavirus

Addressing the Coronavirus

Dear APM community:

We are writing to provide information and updates about the Coronavirus (COVID-19). With three cases in Philadelphia as of Friday, March 13, APM recognizes its responsibility to connect those we serve to vital information and resources. We also want to let you know what..

Posted by Christina Borst