During tonight’s meeting of Conshohocken’s Borough Council, Borough Council tabled the proposed new zoning district (SP-4) that would allow the hotel, larger office buildings, etc. on lower Fayette Street. The district is proposed by Keystone Property Group. On the agenda was for Borough Council to consider (take a vote) on advertising that it would vote to approve or deny SP-4 […]
Category Archives: Commercial Real Estate
Conshohocken’s Borough Council Ends Hearings for Hotel, Larger Office Buildings, Etc. Potential Vote Tonight on Setting Date to Approve or Deny
On the agenda for tonight’s (Wednesday, January 18th) meeting of Conshohocken’s Borough Council there is agenda item under Unfinished Business that states, “Consider a motion to authorize advertisement of the proposed SP-4 zoning ordinance.” Our spies tell us that this means Borough Council has decided to to not hold any additional hearing about the hotel, office buildings, etc, that are permitted […]
One thing Conshohocken has is a lot of is restaurants. It is hard to find something non-edible to buy in Conshohocken, but if you are hungry, you have a lot of choices. Some say too many restaurants exist now, but in the near future Borough Council could approve a project that will greatly increase the number of tables available. Not […]
We came across this video on YouTube.com actually filmed today from a drone on Conshohocken’s river front. If you have been following O’Neill Properties’ plan to build an office building on the river front, the drone takes off and lands at the spot where the building will be built. The video was shot by Matt Cottone.
As we reported, Conshohocken’s Borough Council is currently considering creating a new zoning district that would permit a hotel and larger office buildings along the unit block of Fayette Street. Almost all of the hearings have involved parking and traffic. At the last hearing on January 4th, Keystone Property Group, the developer proposing the new district, presented a parking study. […]
Joe O’Donnell from Omega Commercial Real Estate sent us the data for the commercial real estate in the Conshohocken sub-market. Office vacancy rates continue to be low. In the fourth quarter of 2016 the vacancy rate for Class A space was 7.9%. That represents a small rise from 7.7%. Class B space had a vacancy rate of 6.2% in the […]
We pass by the Wawa being constructed at Ridge Pike and Diamond Avenue in Plymouth Meeting almost everyday. About two weeks ago the fuel tanks were installed. The steel frame for the building is also up. We emailed a representative of Wawa to inquire about the projected opening date, but haven’t received a response. More to come.
Binnie Bianco of Long & Foster shared with us earlier this week that the former Exxon property at the corner of East 7th and Fayette is back on the market (see listing). The business is no longer an Exxon and does not sell gas, but does actively service automobiles. The property was first marketed for sale back in 2014 and […]
Technical.ly Philly reported today that Monetate will be moving its headquarters out of Conshohocken (Whitemarsh Township), but retaining its office in the Quaker Chemical complex on East Hector Avenue. From the article: Monetate, one of Philly’s flagship e-marketing companies, announced Tuesday the relocation of its headquarters from Conshohocken, Pa., to New York City. CEO Lucinda Duncalfe told Technical.ly over the phone that […]
During last Wednesday’s meeting of Conshohocken’s Borough Council there was another hearing on the proposed Special Zoning District 4, which would allow a hotel, larger office buildings, etc. along the Fayette Street to Robinson Alley between West Elm Street and West 1st Avenue. The hearing involved almost exclusively parking. The developer, Keystone Properties, believes it has adequate parking to handle […]