Norristown is currently reviewing a proposal to build a mixed-use complex on a 68-acre site near the Norristown State Hospital that promises to be the borough’s largest-ever development of its type, writes Kevin Riordan for The Philadelphia Inquirer.

The $300 million Preserve at Stony Creek would have townhouses, apartments, stores, flex space, and a public gathering place. It would be situated on a prominent expanse of land along West Sterigere and Stanbridge Streets that was once part of the adjacent hospital’s campus.

“There aren’t a whole lot of opportunities to get 68 acres developed in Montgomery County,” said Thomas Lepera, president of Norristown’s Municipal Council. “This is a great opportunity for us to position Norristown in the regional marketplace. It’s a comeback.”

According to lead developer Anthony E. Maras, president of the Pinnacle Realty Development in Harleysville, the proposal envisions a 728-unit mix of apartments and for-sale townhouses along with 60,000 square feet of retail space that would include a grocery store.

Adding over 200,000 square feet of a “tech campus” suitable for life science firms and skills training programs has also been envisioned as part of the plan.

Read more about the proposed development of Preserve at Stony Creek in The Philadelphia Inquirer.

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