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Updated about 3 years ago on . Most recent reply

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Dan Powers
  • Real Estate Agent
  • Philadelphia, PA
245
Votes |
294
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Norristown Development Finally Happening, 111 Unit Mixed Use

Dan Powers
  • Real Estate Agent
  • Philadelphia, PA
Posted

https://www.timesherald.com/lo...

The huge development plan on the corner of Dekalb and Main st. just received a huge endorsement from Norristown officials further solidifying the legitimacy of this project. It has been in the works for many years now and shows the effort by the town and the state to really push to make Norristown the younger artsy district that Phoenixville has become. The development will include commercial space on the 1st floor with the remaining 6 floors a mixture of studio,1-bed, 2-bed units, and parking spots.

This development combined with the completion of the highway extension is going to accelerate Norristown's appreciation. Would love to know everyone's thoughts and if this changes your perception of Norristown to the point that you would invest in the area.

Most Popular Reply

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Ben Carlson
  • Rental Property Investor
  • Montgomery County, PA
1
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Ben Carlson
  • Rental Property Investor
  • Montgomery County, PA
Replied

@Dan Powers That's a good point. I've been digging more into the longterm planning, and I agree -- developments are promising. I'm looking at one potential property now. The fact that MMPartners is the developer on that project is compelling. They have a track record for making investments that carry momentum. (AF Bornot Dye Works, Poth Brewery in Brewerytown.) 

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