Located less than four miles from Philadelphia’s vibrant Center City, is divided into two distinct districts known as “Near Northeast” and “Far Northeast” delineated by Pennypack Creek. The area is bounded by the Delaware River on the east, Bucks County on the north, Montgomery County on the west, and Frankford/Tacony Creek on the south. The area is easily accessible by car via Interstate 95 and various regional highways, and by train on the SEPTA regional rail system’s Market-Frankford line. Within the submarket, the main transportation corridors are Roosevelt Boulevard (US 1), Cottman Avenue (PA 73), Frankford Avenue (US 13), Oxford Avenue (PA 232), and Bustleton Avenue (PA 532), all of which are serviced by SEPTA’s bus system. Northeast also features the Northeast Philadelphia Airport, the sixth busiest airport in Pennsylvania.
Historically, Northeast’s economy has been driven by industrial sectors such as manufacturing and warehousing, but due to a general decline in industrial employment, the district has developed a robust healthcare base. Two nationally recognized medical facilities, the Fox Chase Cancer Center and Friends Hospital, are located in Near Northeast and multiple other hospitals, including two members of the Aria Health system, are situated within the submarket. Additionally, Northeast Philadelphia has a very active retail sector. Philadelphia Mills, a 1.6-million -square-foot outlet shopping mall in Far Northeast bordering Bensalem, is one of the most visited attractions in the state and is anchored by an AMC Theatre, Boscov’s, JCPenney, and Walmart. Near Northeast boasts a dynamic retail climate as well; Cottman Avenue features Roosevelt Mall, a 560,000-square-foot outdoor shopping center anchored by Macy’s, and the Cottman-Bustleton Center, and many of the district’s streets are lined with charming boutiques and both chain and family-owned restaurants.