Wednesday, August 21, 2024

Developer lists Gretz Brewery development site for $6.6M, submits revised plan for 200 apartments

By Ryan Mulligan – Reporter, Philadelphia Business Journal

A Conshohocken developer has listed the Gretz Brewery building in Olde Kensington for $6.6 million and is seeking approval for 200 apartments at the site in advance of a potential sale.

The Rufo Companies, which owns the historic property at 1524-1538 Germantown Ave., received permits in 2019 to redevelop the property with 220 units and is reapplying now to renew the permits with some revisions, including reducing the number of apartments. The revised proposal is set to go in front of the city's Civic Design Review Committee on Sept. 3.

In addition to the residential units, the proposal includes five different commercial spaces totaling some 5,500 square feet. The sprawling parcel on the corner of Germantown Avenue and Oxford Street spans about 30,600 square feet.

www.omegare.com

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