When our founders teamed up to buy one triplex in 2011, the vision was so very simply: Resolve for a vacant building on the same block where one of the founders resides and make a small profit. Spak Group has since transformed into a premier Philadelphia based Equitable Real Estate Development company.
As one small project led to another, Spak Group became multiple companies to support its growth integrating ownership, development, construction and management into one system to provide high quality residences, amazing commercial spaces, and outstanding customer service to our residents.
And as the projects became bigger, more complicated and more impactful, Spak Group adapted its mission and its goals to include dynamic community engagement that included open, candid and accessible conversations with neighbors about the needs, wants and concerns of the community with the goal of creating more equitable developments. Simultaneously, Spak Group recognizes Climate Change and that we can be part of the solution. Spak Group now installs green roofs on its properties as well as permeable stones (instead of concrete) for stormwater management, has more 100+ solar panels scheduled to be installed on its properties by 2020 and has designs for properties that produce more energy than used and are built inside controlled warehouses that produce zero waste.
Today, Spak Group is working diligently to be an Equitable Real Estate Development company that takes into account affordability, culture and community in every aspect of our organization. We are proud to employ small businesses in the building trades, to ensure we pay our employees a living wage ($15+ / hour) and to invest our dollars directly into our City and neighborhoods. And we are honored to work tirelessly as a Team to create buildings that are places our residents can call home.