Wayne Junction, Philadelphia Pa

[Matt N.]

Hi Everyone,

What are your thoughts on the Wayne Junction area of Philadelphia? This is where Germantown meets Nice Town. I see the city/community is trying to revitalize this hub. Transportation is always a good thing for rentals, and values are low over there right now. I see a recent surge in articles about this project as well. The word "Brewery" just smells like money to me! Just need some hipsters to move in next. 

https://philly.curbed.com/maps/wayne-junction-deve...

http://hiddencityphila.org/2017/09/wayne-junction-...

Does anyone have any insights about this? Is this some pie-in-the-sky city hopeful project? 

Thanks!

-Matt

[Nancy L.]

I personally live and invest very close to Wayne Junction -- my closest property is under a half mile from it. New projects are happening every day around here! Growth has been quieter than some other Philly neighborhoods, but it is growing steadily. I'm also finding a solid tenant base and good returns here. 

The developer working on the above mentioned project has been working in the area for a long time and has a great track record. He was also instrumental in the revitalization of the Mt Airy commercial corridor, just on the other side of germantown. 

Yes I'd definitely recommend the area for investment. Let me know if you have any germantown area specific questions!