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Executive Summary
LUXURY APARTMENT DEVELOPMENT OPPORTUNITY
Malvern, Chester County, Pennsylvania
Property Type: Multifamily Development LandProposed Use: Luxury Apartments (250 Units – 2 Sites = 500 Units)Location: Uptown Worthington (Morehall and Matthews Road, Malvern, PA) – 1.1M SF Mixed UseCounty: Chester County / East Whiteland Township
* All zoning and approvals secured
Uptown Worthington is a 1.1 million square foot live/work/play master plan with a unique mix of premier retail space, gourmet and fast-casual elegant restaurants, luxury apartments, an office center, and big box retail, Wegmans and Target.
Worthington presents a one-of-a-kind opportunity to develop luxury apartments, furnished suites, and hotel to accommodate the large workforce and supply-constrained submarket for housing. Located at the intersections of Route 30, Route 29, Route 202, and less than a mile from the PA Turnpike (I-76/276/476 access), Worthington is the center of corporate business hubs, established residential neighborhoods, and regional transit (rail and bus).
LOCATION
30 million SF of surrounding office within a 15-minute drive
189,000 employees within 7 miles
A variety of nationally-recognized universities, private & public colleges, and top private schools in the nation
Vanguard World Headquarters Next Door – 13,000 Employees
Major healthcare, pharma, and hospitals both in Worthington and within 5 miles of the site (Penn, CHOP, Main Line Health, Paoli Hospital, Rothman, Nemours, etc.)
FIVE MILE DEMOGRAPHIC STATISTICS:
Population: 83,194
Household Median Income: $139,174
Annual Visits: 2.4 Million
Traffic: +100,000 Cars pass the site daily.
Malvern, Chester County, Pennsylvania
Property Type: Multifamily Development LandProposed Use: Luxury Apartments (250 Units – 2 Sites = 500 Units)Location: Uptown Worthington (Morehall and Matthews Road, Malvern, PA) – 1.1M SF Mixed UseCounty: Chester County / East Whiteland Township
* All zoning and approvals secured
Uptown Worthington is a 1.1 million square foot live/work/play master plan with a unique mix of premier retail space, gourmet and fast-casual elegant restaurants, luxury apartments, an office center, and big box retail, Wegmans and Target.
Worthington presents a one-of-a-kind opportunity to develop luxury apartments, furnished suites, and hotel to accommodate the large workforce and supply-constrained submarket for housing. Located at the intersections of Route 30, Route 29, Route 202, and less than a mile from the PA Turnpike (I-76/276/476 access), Worthington is the center of corporate business hubs, established residential neighborhoods, and regional transit (rail and bus).
LOCATION
30 million SF of surrounding office within a 15-minute drive
189,000 employees within 7 miles
A variety of nationally-recognized universities, private & public colleges, and top private schools in the nation
Vanguard World Headquarters Next Door – 13,000 Employees
Major healthcare, pharma, and hospitals both in Worthington and within 5 miles of the site (Penn, CHOP, Main Line Health, Paoli Hospital, Rothman, Nemours, etc.)
FIVE MILE DEMOGRAPHIC STATISTICS:
Population: 83,194
Household Median Income: $139,174
Annual Visits: 2.4 Million
Traffic: +100,000 Cars pass the site daily.
Property Facts
1 Lot Available
Lot
| Lot Size | 5.00 AC |
| Lot Size | 5.00 AC |
LUXURY APARTMENT DEVELOPMENT OPPORTUNITY Proposed 250 apartment building.
1 1
Property Taxes
| Parcel Number | 42-004-0266.0000 | Improvements Assessment | $0 |
| Land Assessment | $1,099,200 | Total Assessment | $1,099,200 |
Property Taxes
Parcel Number
42-004-0266.0000
Land Assessment
$1,099,200
Improvements Assessment
$0
Total Assessment
$1,099,200
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30 Worthington Blvd - Proposed Apartment 2
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