Proposed 300-Unit Apartment Building in Conshohocken
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Source: Broad + Liberty
Alterra Property Group proposes to build a 300-unit apartment building on land owned by SEPTA near Conshohocken Station, originally reserved for a 528-space parking garage. The project involves a 99-year lease agreement with SEPTA, with Alterra paying $600,000 annually, including a 3% yearly rent increase, valuing the deal at $330 million. The project has faced local opposition due to concerns abo
- Status
- Prospective
- Sector
- Car parking, Automotive, Commercial, Residential
- Location
- Conshohocken, Pennsylvania, United States of America
- Updated
- 22 Jul 2026
- Source
- Broad + Liberty
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Alterra Property Group proposes to build a 300-unit apartment building on land owned by SEPTA near Conshohocken Station, originally reserved for a 528-space parking garage. The project involves a 99-year lease agreement with SEPTA, with Alterra paying $600,000 annually, including a 3% yearly rent increase, valuing the deal at $330 million. The project has faced local opposition due to concerns about population density, traffic, parking, and floodplain issues. |
Original sector | Housing |
Budget |
Location
Country | United States of America (USA) |
State | Pennsylvania |
City | Conshohocken |
Source
Source | Broad + Liberty |
URL |
More Details
Record type | Project |
Sector | Car parking, Automotive, Commercial, Residential |
Article published date | 2026-07-16 |
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