Some big development news in Conshy for those interested:
Two developers set sights on Fayette and Elm, Conshohocken
ONSHOHOCKEN — The Montgomery County Redevelopment Authority (RDA) has released redacted copies of two proposals to redevelop the Verizon building and a vacant parcel at the intersection of Fayette and Elm streets, reuse the historic Washington Fire Co. building and provide additional parking for Fayette Street merchants and shoppers.
The Times Herald filed a Right to Know request July 26 for the two proposals from Brandywine Realty Trust (BRT) of Radnor, Delaware County, and Keystone Property Group (KPG) of Lower Merion after officials at the RDA refused to provide the proposals without allowing the two realty development companies to redact “confidential and proprietary information.”
Jerry Nugent III, the executive director of the RDA, said in a July 31 letter that the information was “commercial or financial information received by an agency which is privileged or confidential and the disclosure of which would cause substantial harm to the competitive position of the person that submitted the information.”
The redacted version of the BRT proposal included an executive summary and six conceptual drawings illustrating the firm’s plans for replacing the Verizon building at 402 Fayette St., with a 24,000-square-foot building for borough workers and the police department.
“Our development concepts contemplate a 400-car, fully automated parking garage beneath a 226,920-square-foot office building and the addition of 200 parking spaces at our existing parking facility located at 1 and 101 West Elm St.,” the BRT proposal states. “Our development plan utilizes the existing facade of the historic firehouse and incorporates a public amenity in the form of a restaurant into the building’s use.”
The conceptual drawing for the proposed office building on the vacant, 15,768-square-foot parcel at the intersection of Fayette and Elm streets shows a 14-story building. Phase I of the BRT proposal includes the parking garage under the office building and the reuse of the historic firehouse.
http://www.timesherald.com/article/20130...fayette-and-elm-conshohocken-#full_story
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