King of Prussia District recently marked a full decade in operation that has been characterized by the explosive growth of the Upper Merion community thanks to $3 billion in development across multiple sectors, writes Natalie Kostelni for the Philadelphia Business Journal.
Those retail, institutional, office, multifamily, and industrial projects have so far borne around 2,500 new residential units for sale and rental, the $150 million expansion of King of Prussia Mall, a $52 million FedEx distribution center, and King of Prussia Town Center. More development is also already underway, including a new inpatient hospital for Children’s Hospital of Philadelphia.
But King of Prussia has also “had an explosion in its dining and entertainment scene,” said Eric Goldstein, executive director of the King of Prussia District. “It was totally non-existent before but now there is a dining scene and it has become a destination.”
As far as the future is concerned, “there are plans for more residential development including apartments and single-family housing” and hopefully “some redevelopment at King of Prussia Mall by Simon Property Group,” said Goldstein.
Read more about King of Prussia District at the Philadelphia Business Journal by clicking here.
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