Construction
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Fort Washington-Based Toll Brothers Heading to Texas; No Word of a Corporate Eagles-to-Cowboys Alliance Swap
Fort Washington-based developer Toll Brothers is staking a business claim in the Dallas area. It’s purely a residential real estate venture, with presumably no sign of the local company swapping hometown football allegiances. Toll Brothers will be pairing with Chicago-based real-estate trust Equity Residential to invest up to $1.9 billion worth of projects in capacity,…
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Plan to Raze Trees at a Villanova Estate Causes Environmentalists to Fervently Bark in Protest
A century old arboretum on a Gilded-Age era estate is the battleground between preservationists, environmentalists, and Lower Merion School District. Activists say that the school district wants to fell hundreds of trees on Villanova’s Oakwell Estate to make room for auxiliary playing fields for Black Rock Middle School. Stacia Friedman got to the root of…
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West Chester-Based IT Edge Unveils New Initiative Program
Local IT consulting firm, IT Edge, has just unveiled a new monthly initiative. Each month, IT Edge will be focusing on different industry services, and what they can provide for clients in that industry. Each month, IT Edge will be offering different incentives to clients in this particular industry. These incentives stand as a way…
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Roosevelt Boulevard Subway May Emerge from a Century of Hopes, Plans, and Even a Ghost Station
According to transit advocates, the Roosevelt Boulevard subway that would run from a northern Broad Street Line stop to Bucks County may become a reality after a century of speculation and false starts. Michaela Winberg wrote about the travel news for Billy Penn. The rail line was originally thought up in the early 20th century.…
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Pre-Demolition Sale at Prendergast High Sought to Clear it Out Over the Weekend
With the sale of the Archbishop Prendergast High School to Delaware County Community College, plans are to retain the front of the building but gut the interior. The vacant building is being demolished to make way for a community-centered college campus on 7.5 acres of the 30-acre property, combining the college’s Upper Darby Center and…
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Blue Bell 55+ Community Shingle-Mindedly Embarks on High-Tech Roof Project
Whitpain Farm, the Blue Bell 55+ community, kicked off a renovation project affecting every one of its 171 homes last month. The effort should yield two results: safer, more durable units and solid support for a local, woman-owned business. The community is replacing the original cedar roofing on its houses with a stylish-but-practical synthetic version.…
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As an Award-Winning Construction Company, Pancoast & Clifford’s Fingerprints Are All Over the Region
As a general contracting and construction management company that employs more than 25 professionals, maintains a network of skilled subcontractors, and regularly generates more than $25 million in annual revenue, Pancoast & Clifford’s fingerprints are all over Greater Philadelphia. For all the high-profile construction projects that the West Chester–based firm has overseen, and for all…
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Former St. Mary’s Villa Site in Ambler is Home to Two New Projects
The former St. Mary’s Villa for Children and Families site in Ambler is now home to two new projects: a senior living community and a for-sale housing development, writes Natalie Kostelni for the Philadelphia Business Journal. Preliminary plans for the property were first initiated a decade ago. Once approvals had been secured from Upper Dublin,…
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BET Investments Buys Prudential Insurance’s Upper Dublin Property for $30.25M
BET Investments has finalized its purchase of Prudential Insurance’s 90-acre campus in Upper Dublin for $30.25 million, writes Natalie Kostelni for the Philadelphia Business Journal. The property at 2101 Welsh Road is visible from the Pennsylvania Turnpike. It has three interconnected office buildings and surface parking lots with 2,175 spaces. The buildings total 861,000 square…
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Montco Homebuilders Hit the Nail on the Head in I.D.ing Project Delays: The Tangled Supply Chain
More than two years after the start of the pandemic, local homebuilders still struggle with supply chain issues, writes Michaelle Bond for The Philadelphia Inquirer. Before even breaking ground, contractors must preorder items like appliances because of the long delivery times. Kieffer’s Appliances in Lansdale is still experiencing product delivery delays of a year for…
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Fort Washington-based Toll Brothers Joins Forces with PGIM to Develop Multifamily Rental Community in Boston
Fort Washington-based Toll Brothers and PGIM, a global asset management business of Prudential Financial, have joined forces to develop Lyra, a 432-unit multifamily rental community in Boston, MA. The project will be the first development by Toll Brothers Apartment Living rental division. It will be located in downtown Boston, and provide residents with easy access…
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Redevelopment of Former Keasbey & Mattison Plant in Ambler Enters Second Phase
The redevelopment of the former Keasbey & Mattison asbestos plant in Ambler is entering the second phase more than two decades after John Zaharchuk of Summit Realty Advisors put the property under agreement, writes Natalie Kostelni for the Philadelphia Business Journal. “It was such a heavy lift,” said Zaharchuk. “We’re 10 years behind where we…
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Development Has Some Residents Worried Narberth Could Lose Its Unique Identity
Narberth is one of the rare suburbs with so much to offer, such as walkable neighborhoods, mom-and-pop shops, restaurants, a movie theater, and a train station, that even urbanists love it, writes Kevin Riordan for The Philadelphia Inquirer. However, with the departure of several long-time local businesses in recent years, a residential project proposal that…
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$1.6 Billion in Funding Connects Montgomery County and PA Bridges with Upkeep and Safety Resources
Pa. will receive $1.6 billion in funding to repair 3,000 bridges across the state, writes Priyanka Singh for Contractor News. The once-in-a-generation boost is being facilitated through the Bipartisan Infrastructure Law. The major initiative was first unveiled earlier in the year by Gov. Tom Wolf and U.S. Dept. of Transportation Secretary Pete Buttigieg. “This is…
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NMHC Names Fort Washington Company One of the Largest Multifamily Developers in the U.S.
Fort Washington-based Toll Brothers Apartment Living®, which is a rental division of Toll Brothers, Inc. is the nation’s leading builder of luxury homes. They have been named one of the largest multifamily developers in the United States by the National Multifamily Housing Council’s 2022 NMHC 50, which is the annual ranking of the nation’s largest…
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Lower Merion Approves Preliminary Plan for Mixed-Use Building Along North Side of Lancaster Avenue
Lower Merion officials have approved the preliminary plan for the development of a mixed-use building on Lancaster Avenue in Haverford, writes Richard Ilgenfritz for the Main Line Media News. The plan for the site at 355 West Lancaster Avenue includes the consolidation of four lots. The 1.89-acre site is currently home to five office buildings.…
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Main Line Health Has Health & Wellness Plans For St. Charles Borromeo Seminary 75-acre Space in Wynnewood
Bryn Mawr-based Main Line Health has detailed its plans for the 75-acre St. Charles Borromeo Seminary site in Wynnewood, saying that it will focus on a health and wellness concept, writes John George for the Philadelphia Business Journal. The development on the site that Main Line Health acquired for $43.5 million in 2019 will take…
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‘Big Difference Between Nostalgia and Progress’ – New Sketches Reveal a Reincarnated Coventry Mall in Pottstown
While much of the renovation plans for Coventry Mall in Pottstown remain unclear, new sketches reveal ideas to return the mall to its former glory, writes staff for WFMZ-TV 69 News. According to The Mercury archives, the mall was originally called the Norco Mall, which opened in September 1967, and later in 1973 they enclosed…
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