M id A tlantic Real Estate Journal — Owners, Developers & Managers — October 22 - November 18, 2021 — 15C


O wners , D evelopers & M anagers

Construction management is being serviced by Axis Construction Management Mediplex Property Group announces Mediplex East Norriton project groundbreaking

AST NORRITON, PA — Mediplex Property Group (Mediplex) an- nounced the groundbreaking for Mediplex East Norriton, the latest addition to a growing portfolio of healthcare focused real estate notable for encour- aging ownership by physician tenants. Completion is sched- uled for late 2022. The single-story, 17,200 s/f multi-use complex will be an- chored by the East Norriton Surgical Center, a state-of- the-art, class C ambulatory surgery center (ASC). The de novo development will also house the newest clinical office of SEPA Pain Management, a rapidly expanding inde- Greystar breaks ground on The commodore set to open in Northern Virginia in 2023 E ARLINGTON, VA — Greystar broke ground on their latest development, The Commodore, on October 6, 2021. Located at 2025 15th St. North in Arlington's Courthouse neighborhood, the 20-story building will include 423 apartments. The Commodore sits at the highest point between Ross- lyn and Clarendon prompt- ing spectacular views of the National Mall, George- town, and Northern Virginia. Apartments will range in size from micro-units to three- bedroom penthouses. Design of the residences and com- mon areas are inspired by individual homes, giving the space a distinctly intimate and personal feel, unique for a building of this size. The Commodore will offer 24/7 concierge service, a fitness center, kitchen and dining area, children's playroom, clubroom, and a coworking space. Outdoor amenities include a park-view pool and rooftop overlooking Rosslyn and the Washington, D.C. skylines. Completion of the project is expected in Fall 2023. Greystar will oversee de- velopment, property manage- ment and residential leasing. Cooper Carry is the lead architect, with Land Design contracted for landscape archi- tecture. Edit Lab at Street- sense will be responsible for the interior design. MAREJ

acute-care hospitals, midway between both, in East Nor- riton. This northern Phila- delphia suburb is known for a well-established medical corri- dor and extremely convenient access to the region’s highway network. Sanjay M. Shah, M.D, a SEPA principal, noted the ad- vantages of expertly planning for quality care and efficient, long-term occupancy through “ground-up” custom design: “Allying once again with a trusted, experienced partner like Mediplex was an opportu- nity for us to fully envision a

future-ready, patient-friend- ly, cost-effective facility that uniquely optimizes and reflects the way we practice medicine. For SEPA, co-locating clinical functions adjacent to an ASC is the ultimate model for exten- sion of practice.” Project Team The building was designed by Linn Architects of Media, PA and construction management is being serviced by Axis Con- struction Management of King of Prussia, PA. Financing was arranged by Ackman-Ziff and provided by Bryn Mawr Trust Corporation . MAREJ

Mediplex East Norriton

pendent practice providing advanced pain management care and related treatment services.

Fronting on a major thor- oughfare, the highly visible site is strategically located approximately 1 mile from 2

P o s k a n z e r S k o t t A r c h i t e c t s 550 North Maple Avenue, Ridgewood, NJ 07450 201.445.2322 www.poskanzerskott.com

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