Built in 1928 as one of the nation's first shopping centers,
Suburban Square desperately needs more parking to thrive, its owners say.
That's why they have proposed building a four-level parking garage on the
property.
The plan, which also would rejigger other parking and add
retail space, was presented Monday night to the Lower Merion Township Planning
Commission. It was the first step in a lengthy public process for the shopping
center, whose courtyard and outdoor access to shops makes it a "retail
lifestyle center."
The project has a price tag between $15 million and $20
million.
"It's just trying to take one of the best lifestyle
centers, that is 85 years old, and making sure it's viable for the
future," said Geoffrey Glazer, vice president of acquisitions and
development for shopping center owner Kimco Realty's Mid-Atlantic Region.
Glazer said Tuesday that one of the biggest challenges in
wooing and retaining high-end retail tenants has been the lack of parking,
especially on weekends.
The proposed 600-space garage would rise on the 266-space
surface lot that runs from the back of the Apple Store to Urban Outfitters, and
between Montgomery and Coulter Avenues. Because the lot slopes between the
streets, the garage would rise from three levels near Coulter to four levels
closer to Montgomery.
New storefronts would be in the garage's ground level along
Coulter Avenue; more retail space would come from replacing the commuter
parking strip near the Amtrak and SEPTA tracks, Glazer said.
The commuter spots, which require a small fee, would move to
part of the lot across Anderson Avenue from Ruby's Diner. Drivers could park at
no cost in the garage and at the surface lots, he said.
"This should be an improvement, at least to the
existing internal traffic flow" in the shopping center, Charles B.
Howland, Planning Commission cochair, said Tuesday.
The plan also could lead to an expansion of Trader Joe's in
the rear parking lot, though that piece still is being discussed.
Robert E. Duncan, Lower Merion's director of building and
planning, said the project would need a couple of amendments to township codes,
including accommodating the proposed garage in the part of the lot nearest
Montgomery Avenue, which is zoned for residential construction.
Neighborhood groups already have sat down with Kimco. At a
meeting of the North Ardmore Civic Association, members were concerned about
pedestrian safety and increased traffic on roads, particularly residential
streets, near the shopping center.
If township approval goes smoothly, Glazer said, ground
could be broken for the garage as early as the spring of 2015.
Source: Philly.com
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