Conshohocken-based JP Orleans is planning to develop a 119-unit residential community on a premier 18-acre parcel along the Schuylkill River in King of Prussia, writes Ryan Mulligan for the Philadelphia Business Journal.
The project, called the River Trail at Valley Forge, will feature a mix of two-story carriage houses and three-story townhouses. Pre-sales have already launched for the community, with prices starting at $679,900 for carriage houses, $749,900 for inside townhouses, and $779,900 for outside townhouses.
According to JP Orleans CEO Jeffrey Orleans, the homes are expected to be finished in around five months. He said the prices will most likely rise as the project approaches completion and models come online, with the average sale coming out to about $800,000 across the community.
“We expect this to be a very strong-selling community, the location is just premier,” said Orleans.
The project is located along the Schuylkill River Trail West, near Valley Forge National Park and its visitors center. It is perfectly positioned between the retail and office district that surrounds the King of Prussia Mall and the Schuylkill River.
Read more about the planned development in the Philadelphia Business Journal.
Editor’s Note: This post first appeared on MONTCO Today in September 2024
