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.
"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.