Philadelphia Suburban New Construction & Proposed ... · 48 University Village Butler Avenue &...
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Philadelphia Suburban New Construction & Proposed Multifamily Projects ID PROPERTY UNITS 1 Jackie's Crossing 55 2 Canvas Valley Forge 231 3 Madison Apartments at Ellis Preserve 251 4 Rockwood Phase II 258 5 Towne Center at Haddon 252 6 Riverworks 349 Total Lease-Up 1,396 7 Residences at Mid-town Park, The 200 8 West End Flats 162 9 AVE King of Prussia 275 10 Royal Worthington Phase II, The 250 Total Under Construction 887 11 Madison Parking Lot Redevelopment 181 12 Walnut Crossing 110 13 2501 Renaissance Blvd 290 14 2901 Renaissance Blvd 300 15 750 Moore Road 248 16 Bridgeview 250 17 Kennedy Kenrick Senior 206 18 Park Square 311 19 Woodfield Valley Forge 320 20 2405 Maryland 246 21 Promenade at Upper Dublin, The 402 22 Lofts at State Street, The 175 23 Ravello, The 175 24 Royal Worthington Phase III, The 250 25 Promenade at Granite Run 176 26 Franklin Mint Property 302 27 Linden Hill Station 62 28 Brandywine Hundred's Concord Plaza 341 29 Columbia Place at Garden of Eden Road 50 30 DuPont 180 31 Haddon Point 250 32 Haddon Point 250 33 Residences at Renaissance Square 338 34 Union Mill Road 490 35 Pearl Pointe 184 36 Apartments at Charlestown Crossing Phase III, The 80 37 Pearl, The 51 38 One Cooper 156 Total Planned 6,374 39 Easton & Durham 192 40 Elmhurst Gardens 115 41 Sanatgoa Green 342 42 Wynstone 700 43 Willow Grove Air Base Redevelopment 500 44 Ambler Crossings 115 45 St. Mary's Villa 250 46 401 Washington Street 285 47 Montgomery Park Phase II 50 48 University Village 117 49 Luxor at Fort Washington 173 50 North Hills Manor 50 51 37 North Valley Road 153 52 Ellis Preserve Towne Center Phase II 310 53 Cardinal Crossing Towne Center 318 54 Promenade at Granite Run Phase II 174 55 Avon Site Redevelopment 220 56 Delaware Avenue 50 57 Flats Phase III, The 102 a Berkshire Hathaway and Leucadia National company 1 4 7 3 5 10 8 39 40 42 41 48 43 5 11 12 20 21 35 34 32 38 33 36 27 37 30 29 28 26 25 23 22 24 50 49 64 66 63 62 61 60 57 54 52 53 65 58 56 55 59 45 44 9 46 47 17 19 14 13 16 15 18 2 31 58 Church Road & Grand National Lane 90 59 Rockwood Phase III 180 60 Richwood Village 1600 61 Stratford Plaza Redevelopment 212 62 Lanning Square Washington & West Street 100 63 Stonegate at St. Stephens Phase II 68 64 Mount Holly Gardens 150 65 Rudy Park Redevelopment 63 66 503 Fellowship Road 145 Total Prospective 6,824 6 Lease-Up Under Construction Planned Prospective LEGEND Source: Yardi Matrix 5 mi 3Q17
Transcript of Philadelphia Suburban New Construction & Proposed ... · 48 University Village Butler Avenue &...
Philadelphia Suburban New Construction & Proposed Multifamily ProjectsID PROPERTY UNITS1 Jackie's Crossing 552 Canvas Valley Forge 2313 Madison Apartments at Ellis Preserve 2514 Rockwood Phase II 2585 Towne Center at Haddon 2526 Riverworks 349
Total Lease-Up 1,3967 Residences at Mid-town Park, The 2008 West End Flats 1629 AVE King of Prussia 27510 Royal Worthington Phase II, The 250
Total Under Construction 88711 Madison Parking Lot Redevelopment 18112 Walnut Crossing 11013 2501 Renaissance Blvd 29014 2901 Renaissance Blvd 30015 750 Moore Road 24816 Bridgeview 25017 Kennedy Kenrick Senior 20618 Park Square 31119 Woodfield Valley Forge 32020 2405 Maryland 24621 Promenade at Upper Dublin, The 40222 Lofts at State Street, The 17523 Ravello, The 17524 Royal Worthington Phase III, The 25025 Promenade at Granite Run 17626 Franklin Mint Property 30227 Linden Hill Station 6228 Brandywine Hundred's Concord Plaza 34129 Columbia Place at Garden of Eden Road 5030 DuPont 18031 Haddon Point 25032 Haddon Point 25033 Residences at Renaissance Square 33834 Union Mill Road 49035 Pearl Pointe 184
36 Apartments at Charlestown Crossing Phase III, The 80
37 Pearl, The 5138 One Cooper 156
Total Planned 6,37439 Easton & Durham 19240 Elmhurst Gardens 11541 Sanatgoa Green 34242 Wynstone 70043 Willow Grove Air Base Redevelopment 500
44 Ambler Crossings 115
45 St. Mary's Villa 25046 401 Washington Street 28547 Montgomery Park Phase II 5048 University Village 11749 Luxor at Fort Washington 17350 North Hills Manor 5051 37 North Valley Road 15352 Ellis Preserve Towne Center Phase II 31053 Cardinal Crossing Towne Center 31854 Promenade at Granite Run Phase II 17455 Avon Site Redevelopment 22056 Delaware Avenue 5057 Flats Phase III, The 102
a Berkshire Hathaway and Leucadia National company
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58 Church Road & Grand National Lane 9059 Rockwood Phase III 18060 Richwood Village 160061 Stratford Plaza Redevelopment 21262 Lanning Square Washington & West Street 10063 Stonegate at St. Stephens Phase II 6864 Mount Holly Gardens 15065 Rudy Park Redevelopment 6366 503 Fellowship Road 145
Total Prospective 6,824
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Lease-Up
Under Construction
Planned
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LEGEND
Source: Yardi Matrix5 mi
3Q17
ID PROPERTY NAME ADDRESS CITY STATE ZIP OWNER NAME STATUS UNITS SUBMARKET PERMIT DATE FORECASTED COMPLETION DATE
START OF RENT-UP
1 Jackie's Crossing 12 South Maple Avenue Marlton NJ 08053 Davis Enterprises lease-Up 55 Marlton - Medford 11/15/2016 12/31/2017 05/04/20172 Canvas Valley Forge 101 Bryce Lane King of Prussia PA 19406 Bozzuto Group lease-Up 231 Norristown 08/01/2016 10/31/2017 03/01/20173 Madison Apartments at Ellis Preserve 400 Charles Ellis Drive Newtown Square PA 19073 Equus Capital Partners lease-up 251 Berwyn 02/01/2017 01/31/2018 03/01/20174 Rockwood Phase II 100 Cindy Drive Newark DE 19702 Pettinaro Residential lease-up 258 Bear 11/01/2016 12/31/2018 02/01/20175 Towne Center at Haddon 225 Haddon Avenue Haddon Township NJ 08108 Fieldstone Associates lease-up 252 Haddonfield 04/01/2016 10/31/2017 12/01/20166 Riverworks 45 North Main Street Phoenixville PA 19460 Toll Brothers Apartment Living lease-up 349 Phoenixville 05/01/2015 09/30/2017 06/27/2016
TOTAL UNDER CONSTRUCTION 1,3967 Residences at Mid-town Park, The 820 North Orange Street Wilmington DE 19801 Buccini/Pollin Group, The Under Construction 200 Wilmington - central 09/14/2016 06/30/20188 West End Flats West Baltimore Avenue & Brooke Street Media PA 19063 BET Investments Under Construction 162 Media 02/01/2017 03/31/20189 AVE King of Prussia 555 South Goddard Blvd King of Prussia PA 19406 Korman Communities Under Construction 275 Norristown 01/01/2016 01/01/201810 Royal Worthington Phase II, The 41 Morehall Road Malvern PA 19355 O'Neill Properties Group Under Construction 250 Malvern 08/01/2016 09/30/2017
TOTAL LEASE-UP 88711 Madison Parking Lot Redevelopment 205 West Main Street Lansdale PA 19446 Equus Capital Partners Planned 181 Lansdale12 Walnut Crossing 43 West 3rd Street Lansdale PA 19446 Bennett Properties Planned 110 Lansdale13 2501 Renaissance Blvd 2501 Renaissance Blvd King of Prussia PA 19406 O'Neill Properties Group Planned 290 Norristown14 2901 Renaissance Blvd 2901 Renaissance Blvd King of Prussia PA 19406 O'Neill Properties Group Planned 300 Norristown15 750 Moore Road 750 Moore Road King of Prussia PA 19406 O'Neill Properties Group Planned 248 Norristown16 Bridgeview 5 West Front Street Bridgeport PA 19405 O'Neill Properties Group Planned 250 Norristown17 Kennedy Kenrick Senior 250 East Johnson Hwy Norristown PA 19401 Hallman Retirement Neighborhoods Planned 206 Norristown18 Park Square 751 Vandenberg Blvd King of Prussia PA 19406 Cornerstone Communities Planned 311 Norristown19 Woodfield Valley Forge 580 Goddard Blvd King of Prussia PA 19406 Woodfield Investments Planned 320 Norristown20 2405 Maryland 2405 Maryland Road Willow Grove PA 19090 Buccini/Pollin Group, The Planned 246 Hatboro - Warminster21 Promenade at Upper Dublin, The Dreshertown Road & Welsh Road Fort Washington PA 19025 BET Investments Planned 402 Hatboro - Warminster22 Lofts at State Street, The 600 West State Street Kennett Square PA 19348 StanAb Planned 175 Oxford - Kennett Square23 Ravello, The 603 Millers Hill Kennett Square PA 19348 StanAb Planned 175 Oxford - Kennett Square24 Royal Worthington Phase III, The 45 Morehall Road Malvern PA 19355 O'Neill Properties Group Planned 250 Malvern25 Promenade at Granite Run 1067 West Baltimore Pike Media PA 19063 BET Investments Planned 176 Broomall26 Franklin Mint Property 1408 West Baltimore Pike Media PA 19063 McKee Group, The Planned 302 Media27 Linden Hill Station 4500 Linden Hill Road North Wilmington DE 19808 Bariglio Corporation Planned 62 Stanton - Pike Creek28 Brandywine Hundred's Concord Plaza 3515 Silverside Road Wilmington DE 19810 Buccini/Pollin Group, The Planned 341 Wilmington - west29 Columbia Place at Garden of Eden Road 100 Garden of Eden Road Talleyville DE 19803 Reybold Group, The Planned 50 Wilmington - west30 DuPont 1007 North Market Street Wilmington DE 19899 Buccini/Pollin Group, The Planned 180 Wilmington - central31 Haddon Point 2100 Haddonfield Road Pennsauken NJ 08110 Delco Development Planned 250 Cinnaminson32 Haddon Point 2100 Haddonfield Road Pennsauken Township NJ 08110 Delco Development Planned 250 Cinnaminson33 Residences at Renaissance Square 101 East Route 70 Evesham NJ 08053 RD Management Planned 338 Marlton - Medford34 Union Mill Road NEC Union Mill Road & Briggs Road Mount Laurel NJ 08054 Chase Partners Planned 490 Mount Holly35 Pearl Pointe High Street & Pearl Blvd Burlington NJ 08016 Peron Group Planned 184 Willingboro36 Apartments at Charlestown Crossing Phase III, The 400 West Claiborne Road North East MD 21901 Dolben Company Planned 80 Cecil County37 Pearl, The 300 East 8th Street Wilmington DE 19801 Delaware Center for Homeless Veterans Planned 51 Wilmington - central38 One Cooper Cooper Street & North Delaware Avenue Camden NJ 08102 Dranoff Properties Planned 156 Camden - Pennsauken Township
TOTAL PLANNED 6,37439 Easton & Durham Easton Road & Durham Road Tinicum PA 18942 Main Street Development Group Prospective 192 Perkasie40 Elmhurst Gardens East Park Ave & Silver Street Sellersville PA 18960 Briarwood Realty Prospective 115 Perkasie41 Sanatgoa Green Evergreen Road & Linfield Road Sanatoga PA 19464 Drauschak, Ted A. Prospective 342 Pottstown42 Wynstone 1886 Swamp Pike Gilbertsville PA 19525 Select Properties Prospective 700 Pottstown43 Willow Grove Air Base Redevelopment Easton Road & County Line Road Easton PA 19044 Horsham Land Redevelopment Authority Prospective 500 Lansdale44 Ambler Crossings 201 South Chestnut Street Ambler PA 19002 Summit Realty Advisors Prospective 115 Ambler45 St. Mary's Villa 701 South Bethlehem Pike Ambler PA 19002 Goldenberg Group, The Prospective 250 Ambler46 401 Washington Street 401 Washington Street Conshohocken PA 19428 O'Neill Properties Group Prospective 285 Norristown47 Montgomery Park Phase II 1301 Powell Street Norristown PA 19401 Altman Management Company Prospective 50 Norristown48 University Village Butler Avenue & Shady Retreat Road New Britain PA 18901 County Builders Prospective 117 Doylestown49 Luxor at Fort Washington 1250 Virginia Drive Fort Washington PA 19034 Westrum Development Prospective 173 Hatboro - Warminster50 North Hills Manor West Office Center Drive & Virginia Drive Fort Washington PA 19034 Pennrose Properties Prospective 50 Hatboro - Warminster51 37 North Valley Road 37 North Valley Road Paoli PA 19301 Linden Lane Capital Partners Prospective 153 Malvern52 Ellis Preserve Towne Center Phase II 3815 West Chester Pike Newtown Square PA 19073 Equus Capital Partners Prospective 310 Berwyn53 Cardinal Crossing Towne Center Reed Road & Sproul Road Springfield PA 19064 Goodman Properties Prospective 318 Broomall54 Promenade at Granite Run Phase II 1067 West Baltimore Pike Media PA 19063 BET Investments Prospective 174 Broomall55 Avon Site Redevelopment 2100 Ogletown Road Newark DE 19711 Reybold Group, The Prospective 220 Newark56 Delaware Avenue NWC East Delaware Avenue & Academy Street Newark DE 19716 City of Newark Prospective 50 Newark57 Flats Phase III, The 535 North Union Street Wilmington DE 19805 Todmorden Foundation Prospective 102 Wilmington - west58 Church Road & Grand National Lane SEC Church Road & Grand National Lane Bear DE 19702 Pettinaro Residential Prospective 90 Bear59 Rockwood Phase III Pulaski Hwy & Rockwood Drive Newark DE 19702 Pettinaro Residential Prospective 180 Bear60 Richwood Village SWC Mullica Hill Road & Aura Road Mullica Hill NJ 08062 Madison Marquette Prospective 1600 Bridgeport - Woodstown61 Stratford Plaza Redevelopment South White Horse Pike & New Road Stratford NJ 08084 Brandywine Companies, The Prospective 212 Lindenwold62 Lanning Square Washington & West Street SWC Washington Street & West Street Camden NJ 08103 Camden Redevelopment Authority Prospective 100 Camden - Pennsauken Township63 Stonegate at St. Stephens Phase II 5101 Stonegate Drive Pennsauken NJ 08109 Diocese of Camden Prospective 68 Camden - Pennsauken Township64 Mount Holly Gardens NEC Route 541 & Rancocas Road Mount Holly NJ 08060 Keating Building Corporation Prospective 150 Mount Holly65 Rudy Park Redevelopment 100 Rudy Park Elkton MD 21921 Elkton Housing Authority Prospective 63 Cecil County66 503 Fellowship Road 503 Fellowship Road Mount Laurel NJ 08504 Davis Enterprises Prospective 145 Marlton - Medford
TOTAL PROSPECTIVE 6,824
TOTAL PHILADELPHIA SUB URBAN 15,481
Source: Yardi Matrix
Philadelphia Sub Urban New Construction and Proposed Multifamily Projects
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