Bryn Mawr’s Blank Aschkenasy Properties Rejuvenates Two-Block Area Along Lancaster Avenue

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Photo of Paul Aschkenasy in Bryn Mawr Village courtesy of Natalie Kostelni, Philadelphia Business Journal.

A two-block area along Lancaster Avenue on the Main Line, sometimes referred to as the “hole,” is about to see better days thanks to a mixed-use development by Blank Aschkenasy Properties, writes Natalie Kostelni for the Philadelphia Business Journal.

The “Bryn Mawr Village” development at 909 Lancaster Avenue covers 35,000 square feet of retail space and 17,000 square feet of office space, and is already 83 percent leased.

Paul Aschkenasy came up with the $20 million-plus development project in an effort to rejuvenate the area. Now that construction is almost complete, it has filled the gap along the busy thoroughfare.

One of its main anchors is La Colombe, the famous Philadelphia coffee roaster, and according to Aschkenasy, the project should be fully leased by the end of this month.

He has also moved his company’s headquarters into the new development, noting it was important to him that Bryn Mawr Village stands out from the nearby Suburban Square lifestyle center.

“We wanted to have an eclectic mix of tenants that would appeal to the local community,” he said.

Read more about the development in the Philadelphia Business Journal by clicking here.

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