Thursday, November 17, 2011

Brandywine Realty Trust apartments rejected in suburban Phila.

by Natalie Kostelni
"A plan proposed by Brandywine Realty Trust to construct a 389-unit apartment complex at Plymouth Road and Butler Pike got shot down by Plymouth Township council.

The Times Herald reported that the developer, which owns office buildings in the suburbs and Center City, had proposed to construct the multifamily project on 20 acres in the Montgomery County, Pa., municipality.

Residents had worried about increased traffic the development might cause. A traffic study conducted by Radnor, Pa.-based Brandywine (NYSE:BDN) said the impact would be minimal."
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