J.G. Petrucci Co. Inc. of Hanover Township, Northampton County, will host a groundbreaking ceremony Thursday for its $75 million mixed-use redevelopment project it will build in Upper Moreland Township.
The project, Station at Willow Grove, will go up across the Willow Grove Southeastern Pennsylvania Transportation Authority train station and include 275 luxury apartment units, office and retail space along Route 611 near Davisville and York roads in southern Montgomery County.
To create the project, J.G. Petrucci bought five properties from five different property owners, all small businesses, said Greg Rogerson, principal at J.G. Petrucci. Demolition has begun, and the company will complete construction in 2019, Rogerson said.
J.G. Petrucci selected the project for several reasons, including the proximity to the train station, Rogerson said.
“We are within a quarter-mile from Willow Grove Mall. It’s a market that hasn’t seen high-end residential development in 40 years,” Rogerson said.
Also, the development will be about two miles from the Willow Grove interchange of the Pennsylvania Turnpike.
CBRE Inc., which has an office in Upper Macungie Township, said the company’s vice president, Patrick McCabe, arranged the sale of the five properties comprising the project on six acres. CBRE is the leasing agent for the commercial portion of the project.
Rogerson said his company is looking for office tenants that include tech companies, medical and shared office spaces. Retail users could be service-oriented for the residents, he added.
Minno & Wasko Architects and Planners of Lambertville, N.J., designed the project, which includes amenities such as a club room with common kitchen, community room, Olympic-style swimming pool and other features.