6B — May 25 - June 7, 2018 — Owners, Developers & Managers — M id A tlantic

Real Estate Journal


O wners , D evelopers & M anagers

261 luxury apartments on Germantown Pike Tornetta Realty and Altman Management hold ground breaking for the Residences At Bentwood E

AST NORRITON, PA — Local officials includ- ing Board of Supervisors Chairman Dennis DeSanto, joined the Tornetta Realty and Altman Management , companies and other members of the development team to break ground on The Resi- dences at Bentwood, a five- story building with 261 luxury apartments at the Bentwood Executive Campus, a mixed- use complex on Germantown Pike. The first phase of The Resi- dences at Bentwood will be ready for occupancy in early 2019 and the building will be

BenAltman, Altman Management Company; Jeremy Katz, McArthur Holdings; Bob Bluth, Altman Management Company; Bruce Adelsberger, AIA, LEED AP for Barton Partnerships; Michael Tornetta, Tornetta Realty Corp.; Roger Gore, Elon Development; Charles Tornetta, Tornetta Realty Corp.; Brett Altman, Elon Development; Kevin McDevitt, Vice Chair of the East Norriton Board of Supervisors; Dennis DeSilva, Chair- man of the East Norriton Board of Supervisors; Robert Hart, East Norriton Township Manager; Jay Tornetta, Tornetta Realty Corp.

completed by mid-summer 2019. Among the most ameni- ty-rich offerings in the region, The Residences at Bentwood will feature a resort-style spa and pool, club room and fitness center. “We want to congratulate Tornetta and Altman on com- mencing construction on The Residences at Bentwood, which creates an important new housing option in East Norriton,” said township Su- pervisor Chairman Dennis De- Santo. “Our discussions during the approval process revealed the sincere commitment of the developers to the community, and we look forward to wel- coming new residents who can enjoy the East Norriton we all love.” “The Residences at Bentwood creates a new lifestyle option for both legacy residents and new households moving to Montgomery County,” said Jay Tornetta president of Tor- netta Realty, which owns the Bentwood site and is partner- ing on the project with Altman, a leading residential owner, developer and manager in Pennsylvania and New Jersey. “The expansiveness of the commercial marketplace here leaves little land to create sig- nificant residential complexes, but this undeveloped parcel at Bentwood lends itself per- fectly to a luxury apartment building,” said Brett Altman, who, with Bob Bluth , is part- ner in Altman Management, Elon Development and Al- lied Construction Services , each of which has a role in the Residences at Bentwood. “The name Bentwood carries a repu- tation for quality and excellent service that now will be associ- ated with its new residential neighbor.” 

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