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Keystone Commits to Conshohocken

WASHINGTON DC 09.14.2017


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Jane Cafritz -- Calvin Cafritz Enterprises
Steve Schwat -- Urban Investment Partners (UIP)
Nina Albert -- Washington Metropolitan Area Transit Authority (WMATA)
Keystone Commits to Conshohocken

Keystone Property Group believes in Conshohocken—so much so that the fourth property it's acquired in the borough, SORA Conshohocken at 125 E Elm St (below), is now its HQ building, after a relocation from Bala Cynwyd. The company is firming up plans for SORA as a mixed-use project consisting of four properties. Keystone president Bill Glazer tells us that he's seeing a marked increase in office users seeking a more dynamic, lifestyle-oriented workplace, driven largely by an influx of Millennial workers. Mixed-use facilitates this kind of workplace.

Keystone Commits to Conshohocken

"We're working to create new spaces and reposition older assets in order to meet market demand for culturally significant, cutting-edge office design that enhances the quality of life of its users," Bill adds. Plans for the site call for a public plaza flanked by restaurants, shops, a 200-room hotel and a new Class-A, 300k SF office building. Keystone will also restore the 136-year-old Conshohocken Firehouse, repurposing it as a brewpub with indoor/outdoor dining and events.