20A — April 10 - 23, 2020 — Pennsylvania — M id A tlantic Real Estate Journal
www.marej.com
P ennsylvania
11-story tower will serve as anchor for transformative mixed-use, transit-oriented development Keystone Property Group celebrates Topping Out of SORA West in Conshohocken, PA C
restaurant space and a roof- top lounge; and the existing 139-year-old Conshohocken Firehouse, which will be recre- ated as a gastropub with an in- door/outdoor experience; and a 1,500+-space parking structure to support these facilities. “Today marks a significant milestone for the development of SORA West, and for Con- shohocken’s ongoing transfor- mation into one of the most dynamic communities in the region,” said Keystone Prop- erty Group president and COO Rich Gottlieb . “We look for- ward to completing the devel- opment of the office tower over the next 16 months, along with the other components of the development, that will result in a one-of-a-kind, mixed-use destination serving as an an- chor for a new era of success and prosperity in the region.” “Amer i sour ceBergen i s thrilled to be reaching an- other important moment in making our state-of-the-art headquarters a reality for as- sociates,” said Steve Collis, Chairman, president and CEO of AmerisourceBergen. “We are committed to supporting strong communities, and are honored to become a neighbor in the vibrant town of Conshohocken, building on AmerisourceBer- gen’s longstanding presence in the greater Philadelphia region. I look forward to our bright future here as we con- tinue to draw on the best talent from this wonderful region.” Keystone was named devel- oper of the site in 2013 after an RFP process administered by the Borough and the Mont- gomery County Redevelopment Authority (RDA). SORA West is the latest in a number of large-scale mixed-use projects developed by Keystone. Its portfolio also includes Washington Square, which is bounded by three iconic, historic properties de- veloped by Keystone: the Cur- tis, the Washington, and 100 Independence Mall West. The Curtis is an historic publish- ing landmark in Center City Philadelphia reimagined as a dining, shopping, residential and commercial destination, and nearby 100 Independence Mall West, the historic Dow Chemical building has been transformed with a dynamic indoor/outdoor experience for pedestrians, with the popular Independence Beer Garden and a La Colombe café.
ONSHOHOCKEN, PA — Keystone Property Group , a real estate de- veloper and investor of mixed- use and commercial properties, announced the topping out of SORA West, the 200’, 11-story office tower that will serve as an anchor for its dynamic, mixed-use, transit-oriented development in Conshohocken. Keystone officials held a ceremony to celebrate the milestone, alongside execu- tives fromAmerisourceBergen, which will be relocating its global corporate headquarters to the building. Staged occu- pancy will begin in January
office tower, which will include ground floor retail space and a bi-level below-grade parking Topping out of SORAWest
2021, and is anticipated to be fully complete by June 2021. In addition to the 429,122 s/f
garage, SORA West will also include a vibrant public plaza; 165-key hotel with significant
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