Equus Capital Partners, Ltd., and USAA Real Estate have closed on a joint venture and first round of financing, clearing the way for construction to begin on 400 West Elm.

The 348-unit, Class A apartment community is Conshohocken’s first ultra-luxury residential offering, with unparalleled views in a coveted location with top-notch amenities.

“Conshohocken is in the beginning stages of a virtuous cycle of growth. With nearly $1 billion of recent investment and development activity, this urban node will now boast the highest-end residential and commercial projects in the region,” said George Haines, Senior Vice President of Acquisitions and Development, Equus Capital Partners. 

“We are thrilled to join with USAA Real Estate again and move forward with a development that will redefine luxury in our marketplace and expand Conshohocken’s vibrant live-work-play atmosphere,” he said.

Spanning 10 acres, the 12-story luxury tower will overlook the Schuylkill River, West Conshohocken, and Conshohocken. 

Top-tier amenities are the central focus of the community, with thoughtfully curated indoor and outdoor opportunities to relax, entertain, work and recharge.

For those working remotely, it will also features in-building flexible office suites, a conference room, and private workrooms for concentration and privacy.

“High-end amenities and service are at the heart of 400 West Elm,” said Joe Mullen, President of Madison Apartment Group. “With sweeping views, a multi-level amenity experience, and concierge-level services, it will elevate suburban living in ways that are completely unique in our marketplace.”

The luxury apartment community will offer studio, one- and two-bedroom apartments both with and without dens, 9’ ceilings, luxury finishes, balconies, in-unit washer and dryers, and generous walk-in closets. 

The project is slated for completion in Fall 2023.

To read more about 400 West Elm visit Equus’ website.