News


Read about Hilco Redevelopment Partners’ (HRP) latest business transactions, redevelopment progress, and other company news.

Major Redevelopment Of South Boston Power Plant Approved

The Boston Planning and Development Agency approved a massive 1.68M SF development at the site of the long-dormant Edison Power Plant in South Boston.

How Philly’s biggest 2020 real estate deal could create opportunities for Philly students

When Hilco Redevelopment Partners (HRP), a real estate investor that remediates obsolete industrial sites, bought the 1,300-acre former Philadelphia Energy Solutions refinery out of bankruptcy in June, all eyes were on the Chicago-based company.

Hilco Helps Donates Thousands of New Winter Coats and Cold Weather Apparel in "Hilco Helps Warm the Winter" National Philanthropy Initiative

Hilco Helps launches Warm the Winter Initiative with Coat and Winter Accessory donations

Alexandria power plant along the Potomac to become mixed-use project

A development company with a history of transforming obsolete facilities has purchased one of the largest industrial sites in Alexandria and plans to build housing, office space and retail, granting residents new access to a large swath of the Potomac River.

The long-awaited redevelopment of ugly, toxic abandoned coal-fired power plant in a prime spot on the Potomac River is at hand

On November 16, 2020, Illinois-based Hilco Redevelopment Partners (HRP), a unit of Hilco Global, announced the purchase of the approximately 20-acre Potomac River Generating Station (PRGS) site in Alexandria, Virginia.

Hilco Redevelopment Partners hires Needs as vice president – mixed use development

Boston, MA Hilco Redevelopment Partners (HRP), the real estate development unit of Hilco Global that remediates and redevelops complex and obsolete industrial properties, has hired George Needs to the position of vice president – mixed use development.

'The Single Most Important Development Site In The City' — Inside The Proposed Redevelopment Of The PES Refinery

More than remediating past damage, Hilco Redevelopment Partners aims for its buildings to be extremely sustainable.

Disrupting Economic And Racial Inequity With Three Practical Steps

This month, The YES Project at America’s Promise Alliance is releasing a three-part blog series to illuminate the ways in which employers, youth-supporting programs, and intermediary organizations are helping young people become ready for, connected to, and supported in our unprecedented and rapidly evolving employment environment. The employment landscape has changed drastically since the start of the year, due in large part to the devastating effects of the COVID-19 pandemic and a heightened consciousness of the long-felt effects of systemic racism. In this series, three thought leaders will explore their own lessons learned in supporting opportunity talent—particularly Opportunity Youth—over the course of the pandemic, and what that might mean for the future.