Tuesday, August 19, 2014

Glazer lays out Conshy office, hotel, bar, parking



One Conshohocken proposes the Redevelopment of four properties within the Conshohocken Redevelopment area into a vibrant public plaza flanked by restaurants, shops, a 200-room hotel and a new Class A, 300,000 square foot office building. (Artist's rendering from Keystone Property Group)


Bill Glazer's Keystone Property Group, best known before now as a buyer and renovator of aging office buildings in Philadelphia and its suburbs, has unveiled a new plan for One Conshohocken, a redevelopment scheme including a public plaza, a 300,000 sq. ft. office building, a 200-room hotel, and shops and restaurant space, including conversion of the 136-year-old firehouse as a bar. No tenants or hotel have been signed to date, Glazer's spokesman told me.

One Conshohocken is also designed to include 300 free parking spaces. The project is close to Conshocken's Septa station (Philadelphia-Norristown train line) and the crowded Schuylkill Expressway (I-76). The borough, an old industrial center that has become an office and apartments magnet, and the Montgomery County Redevelopment Authority picked Glazer's company to redevelop the site last year.

Source: Philly.com

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