Work on Madison Lansdale Station Is Done, Restaurants and Stores On Their Way

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The recently completed Madison Lansdale Station in Lansdale. Image via Philadelphia Inquirer. Prices for premium apartments and condo rentals in Montgomery County and across the Delaware Valley continue to rise, forcing many newcomers to opt for renting single-family homes. Image via Philadelphia Inquirer.

The Madison Apartment Group has finished construction on the luxury mixed-use complex Madison Lansdale Station that includes high-end housing and retail, writes Katie Park for The Philadelphia Inquirer.

The group, which is under the umbrella of Equus Capital Partners, bought the 6.7-acre lot next to Lansdale train station three years ago from the Lansdale Parking Authority for $1.9 million. The plot was intended for parking, but after SEPTA built a 680-space garage nearby, the authority agreed to sell the parcel.

In November 2017, construction started on 182 apartments in what was touted by Equus as a luxurious, “thoughtfully designed, vibrant community.” The complex also has 15,000 square feet of retail space ready for boutiques and restaurants.

“Demand has continued to surge for the luxury community, which has welcomed its first residents and is already nearly 50% leased,” said Equus.

The complex consists of six buildings and has many of the amenities that are increasingly expected to be found in such communities. This includes lounges, a billiard room, and an indoor pet spa. Rent prices range from $1,450 for studios to $2,018 for two-bedroom units.

Read more about the Madison Lansdale Station at The Philadelphia Inquirer by clicking here.

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