Westrum cuts ribbon on new Luxor apartments

The company completed a similar project in Norristown last year and was well-received, he said. As a result, Westrum is rolling out similar projects at various locations throughout the region. (Photo courtesy of Westrum Development Company)

There has been great transformation on Sandy Street in Norristown. And the latest change is one that’s welcomed. A once condemned apartment complex is now the talk of the town.

Real estate developer John Westrum gathered with executives from Beneficial Bank, Norristown municipal officials, residents and other well-wishers for a ribbon cutting ceremony and reception that celebrated the opening of the posh Luxor Building II, formerly known as 770 Sandy St., writes Gary Puleo in The Times Herald.

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The site was the location of Fazio Properties condos that had been at the center of numerous construction, legal and financial debacles, and had been condemned in May, 2010 — amounting to a $4 million drain on taxpayers, according to a Westrum press release — was blissfully “put to death” with the new address of 800 Luxor Lane, Westrum noted.

Norristown council President Sonya Sanders called Luxor a “collaborative effort between Norristown Area School District, the Municipality of Norristown, the Norristown area school board and most importantly, Westrum, who has spent a great deal of time investing in Norristown, sharing the vision of municipal council. We want to thank him for continuing to share our vision and for believing in Norristown.”

To read the complete story, click here.

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