In the greater Philadelphia's boom, the suburbs aren't being left behind. Ahead of our Future of the 'Burbs event on Jan. 28 at 502 W Germantown Pike in Plymouth Meeting we're highlighting six major suburban developments recently finished or in the works.
1. 9 Presidential Blvd (office)
Developer: Brandywine Realty Trust
Place: Bala Cynwyd
Size: 180k SF
Suburban Sizzle Factor: Class-A vacancy in Bala Cynwyd is only 7.6% (Colliers data), so the demand's there for new space.
2. 400 W Elm St (office)
Developer: Equus Capital Partners
Place: Conshohocken
Size: 340k SF
Suburban Sizzle Factor: About 1M SF of development's been approved in Conshohocken; once a steel town, it's now evolving into an office hub.
3. 700 and 800 Uline Way (industrial)
Developer: Liberty Property Trust
Area: Lehigh Valley
Size: 1.7M SF
Suburban Sizzle Factor: The Lehigh Valley's primed for distribution space because of the surge in e-commerce; this particular example is 100% leased by packing making Uline before completion (pictured: another Uline-occupied facility).
4. Camden Waterfront (mixed-use)
Developer: Liberty Property Trust
Place: Camden
Size: 16 acres
Suburban Sizzle Factor: Only technically the suburbs, but the proposed life/work/play redevelopment plan would be the largest private sector investment ever in the City of Camden.
5. King of Prussia Town Center (retail)
Developer: JBGR Retail
Place: King of Prussia
Size: 20 acres
Suburban Sizzle Factor: Part of a larger master plan, the new retail space will open with several major retail anchors.
6. Sora West (mixed-use)
Developer: Keystone Property Group
Area: Conshohocken
Size: 500k SF office, plus other space
Suburban Sizzle Factor: Includes a major public green space component, around which office, hotel, retail and parking anchors are located.
Join us for our Bisnow Future of the 'Burbs event on Jan. 28 starting at 7:30am at 502 W Germantown Pike in Plymouth Meeting. Sign up here.
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