Friday, May 28, 2021

'All roads lead to King of Prussia': More than $4B in development transforms Upper Merion

 Natalie Kostelni Reporter Philadelphia Business Journal

In April, Purolite Corp. held a virtual groundbreaking on a new $14 million, 74,000-square-foot building in King of Prussia and has plans to invest another $25 million to fit it out and install the equipment it needs to operate the manufacturing facility. 

Not far away from the Purolite plant site at 3700 Horizon Blvd., Steelyard Sports is proposing an expansion off Swedeland Road that would add six new athletic fields and complement its current indoor-outdoor sports complex. 

At the other end of the township, at the Village at Valley Forge, Children’s Hospital of Philadelphia is nearing completion of a $298 million hospital, Toll Brothers Inc. is moving forward with another stacked townhouse community, and Realen Properties plans to build a $20 million, 40,000-square-foot medical office building off Guthrie Road next to Anthology, a new senior housing complex. 

In all, about $1.3 billion of projects are currently underway and contributing to the more than $4 billion in development that has transformed Upper Merion — particularly King of Prussia — over the last decade, solidified it as the center of Philadelphia’s western suburbs, and positioned it to rival the city for employers and residents. 

Full story:

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.