Real Estate
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House of the Week: Year-Round Retreat Home in Hatboro
A beautiful, year-round retreat home with four bedrooms and two and a half bathrooms is available for sale in Hatboro, writes Sandy Smith for the Philadelphia Magazine. The home was built by Garbutt W. “Mike” Aiman, a Hatboro realtor-developer and volunteer firefighter, as his private retreat. The property features the main home, cottage, and a…
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There’s a Reason Some Wawas Are Just Down the Street From Each Other
Patience appears to be part of Wawa’s strategy as it ramps up its expansion throughout the suburbs and certain areas for the last decade, writes Natalie Kostelni for Philadelphia Business Journal. The retailer has sometimes waited years before breaking ground at some locations. It’s a keen student of demographics, traffic patterns and human behavior so…
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Former Ashbourne Country Club Land in Cheltenham Township Has New Owner With New Development Date
Cheltenham-based Matrix Development Group has sold the land from the defunct Ashbourne Country Club to Liberty Commercial Development for $9 million after an eight-year battle over redeveloping the Cheltenham Township property, writes Katie Park for The Philadelphia Inquirer. Matrix, which was unable to proceed with construction, finalized the sale of the 104.5-acre property last week.…
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Local Merchants Prepare Strategies to Lure Shopper As Two-Year Construction Begins on Toll Brothers’ Jewelers Row Tower
As work starts on Horsham-based Toll Brothers’ Jewelers Row tower, local merchants are coming up with new strategies to lure in shoppers in the hopes of minimizing the disruption, writes Inga Saffron for The Philadelphia Inquirer. Toll Brothers’ four-year path to building the tower on the Federal-era street has been wrought with indecisiveness, preservation lawsuits,…
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Hamilton Lane Moving to Conshohocken from Bala Cynwyd So Employees Can Be in One Location
Hamilton Lane has signed a long-term lease to move its Bala Cynwyd headquarters to a yet-to-be-developed Seven Towers building in Conshohocken to get its employees under one roof, writes Natalie Kostelni for the Philadelphia Business Journal. The company’s headquarters is currently housed in three buildings in Bala Cynwyd. In its search for a new home,…
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IKEA Plans to Increase Its NYC Presence with New Format Store
IKEA, the Swedish home furnishings giant with headquarters in Conshohocken, is planning to increase its NYC presence with a new format store in Queens, writes Clint Engel for the Home Textiles Today. At 115,000 square feet, the store will be less than half the size of IKEA’s largest stores nationwide, but it will still be…
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House of the Week: Stunning Home with Rich History in Glenside
A stunning home with a deep and rich history with four bedrooms and three and a half bathrooms is available for sale in Glenside, writes Sandy Smith for the Philadelphia Magazine. The property was originally part of a 250-acre parcel bought in 1681 by Philadelphia’s first mayor, Humphrey Morrey. His son, Richard, married his freed…
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Oliver Tyrone Pulver Secures Anchor Tenant, Financing for Conshohocken $112M Office Building
With financing and an anchor tenant in place, Oliver Tyrone Pulver is now ready to start building Seven Tower Bridge, a $112 million office building in Conshohocken, writes Natalie Kostelni for the Philadelphia Business Journal. The 14-story riverfront building will be anchored by Hamilton Lane, which will move from its current offices in Bala Cynwyd.…
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Toll Brothers Prepares to Move to Fort Washington, Its Horsham HQ Goes Up For Sale
As Toll Brothers prepares to move from Horsham, the 203,0000-square-foot building that was the homebuilder’s headquarter for fifteen years has been put up for sale, writes Natalie Kostelni for the Philadelphia Business Journal. The property was owned by a limited liability corporation Buckhead Gibraltar. However, it defaulted on the loan backing the property when Toll…
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Montco Home to 10 of the Region’s 50 Wealthiest ZIP Codes, Including the Top Two
Montgomery County is home to 10 of the region’s 50 wealthiest ZIP Codes, according to research conducted by Sharon Oliver for the Philadelphia Business Journal. The rankings were determined by median household income in 2017. Additional data included: per-capita income median value of owner-occupied homes the percentage breakdowns for workers with management, business or science,…
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CEO of King of Prussia’s Morgan Properties Started in His Father’s Shoe Store
Mitchell Morgan, founder and CEO of King of Prussia’s Morgan Properties, one of the nation’s largest apartment companies, began his career working full time at his father’s shoe shop to pay his way through business school at Temple University, writes Morgan Zalot for the Temple Now. Morgan decided to pursue a degree in accounting after…
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House of the Week: Spectacularly Unique Home in Narberth
A spectacularly unique home inside a converted church with four bedrooms and three bathrooms is available for sale in Narberth. This stunning stone structure that was originally built in 1890 was acquired by Walter Mutz in 1951. He set out to turn the building into a showcase home by purchasing architectural salvage from abandoned estates…
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MONTCO Careers – Toll Brothers
Currently based in Horsham, Toll Brothers is the nation’s premier builder of luxury homes and developer of master-planned communities, golf courses, and other land holdings in affluent suburban neighborhoods and major metro markets across the U.S. Compliance Coordinator This position reviews reports to assess the company’s adherence with all applicable regulations; prepares and distributes audit findings to…
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House of the Week: Fort Washington Home Designed by World-renowned Architect Rafael Vinoly
One of the most prominent estates in the Philadelphia area, this modern home of 37,000 sf was conceived by world-renowned architect Rafael Vinoly, and resides on nearly 29 exquisite acres. It’s located at 7111 Sheaff Lane in Fort Washington. Set within an impressive stone courtyard, the main house offers museum-quality galleries and hallways suitable to…
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House of the Week: 608 Norristown Road, Ambler
Enchanting, prestigious and affordable. It is not often these 3 words can be said of a home such as 608 Norristown Road, a sprawling Estate resting on a magnificent 4.8 Acre lot in coveted Lower Gwynedd. This timeless Farmhouse-themed Cape Cod was expanded and looks more radiant than ever while still bestowing its original charm.…
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Couple remodels apartment in Jenkintown’s Beaver Hill development to fit needs of three generations
Suzy Nam, a contributing editor at Forbes magazine, and Glenside native John Brown, CEO of Agoda, have remodeled an apartment in the Beaver Hill development in Jenkintown to fit the needs of three generations, writes Paul Jablow for ThePhiladelphia Inquirer. The pair are American expatriates who have lived in Bangkok for the last fifteen years.…
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Developer plans to turn Elkins Estate into luxury boutique hotel
Landmark Developers recently purchased the 42-acre Elkins Estate in Elkins Park and is planning to turn the property into a luxury boutique hotel, writes Erin McCarthy for ThePhiladelphia Inquirer. The plans call for a hotel with more than 100 rooms, a distillery, spa, and a restaurant. Numerous other amenities for guests and community members are…
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House of the Week: 7021 Lafayette Avenue, Fort Washington
Presenting an absolutely exceptional private compound, situated on 4.5 acres in Whitemarsh Township. Move right in to this fabulous residence where nothing has been spared in the thoughtful renovations and additions. Architectural designs by Peter Zimmerman and most recent renovations/additions by Blake Development. The front entryway opens to a center hall, flowing beautifully to the…
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