By Josh McKnight | The McKnight Team SEPTA just dropped its plan for a 528-space parking garage near Conshohocken Station and replaced it with something very different. A 300-unit apartment building. Philadelphia developer Alterra is set to lease the land for 99 years at $600,000 a year, with rent climbing 3% annually. Total value of the deal: about $330 million. For anyone watching the Conshohocken...
By Josh McKnight | The McKnight Team Two large apartment proposals in Newtown Borough could change the housing picture in this part of Bucks County in a way the borough has not seen in decades. Local developer Jim Worthington is behind both. The first, called Liberty Centre, would bring 125 luxury apartments to an eight-acre site along Newtown Creek behind South Street. The second proposal calls for...
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