{"id": "n-b3051eedb8", "slug": "wayne-435-devon-park-dr", "type": "office-park", "name": "435 Devon Park Dr.", "aka": [], "city": "Wayne", "county": "Chester County", "state": "PA", "country": "US", "census_division": 2, "lat": 40.07191, "lon": -75.41943, "geocode_method": "census-address", "address": null, "metro": null, "original_use": "office", "year_opened": null, "year_closed": null, "acres": null, "gla_sqft": 145000, "stores_peak": null, "levels": null, "original_developer": null, "original_architect": null, "before_notes": "Draft from propmodo.com, model-extracted, unreviewed: An office park in Wayne, PA, is being converted into 162 apartments with new green space.", "strategy": ["regreen", "reinhabit"], "new_use": ["housing"], "share_retrofit": null, "status": "under construction", "year_retrofit": 2024, "developer": "E. Kahn Development", "architect": null, "after_notes": "162 apartments across the existing two-story buildings. Three acres of surface lot to be replaced with new green space.", "narrative": null, "narrative_license": null, "narrative_source": null, "zoning_change": "yes (zoning amendment)", "public_subsidy": "no", "entitlement_year": null, "planning_notes": "Approved by Township officials.", "wikidata_qid": null, "wikipedia": null, "osm_id": null, "verified": "draft", "verified_by": null, "last_verified": null, "last_updated": "2026-10-18", "created": "2026-10-18", "contributor_name": null, "contributor_org": null, "contributor_link": null, "international": 0, "county_fips": "42029", "opp_score": 15.0, "opp_reasons": ["already in play: under construction, approved, or sold to a developer with housing plans", "county grew 4.6% 2018–23", "median rent $1,691", "housing in the record"], "for_sale": 0, "distressed": 0, "url": "https://retrofitatlas.org/office-parks/pa/wayne-435-devon-park-dr/", "events": [{"year": 2024, "date": null, "kind": "note", "detail": "Property purchased for $10.2 million", "source_id": 8136}, {"year": 2024, "date": null, "kind": "retrofit", "detail": "Retrofit: regreen, reinhabit", "source_id": null}, {"year": 2027, "date": null, "kind": "note", "detail": "Full buildout expected", "source_id": 8137}], "sources": [{"id": 8135, "site_id": "n-b3051eedb8", "url": "https://propmodo.com/playbook/why-suburban-office-to-residential-conversions-are-starting-to-work/", "title": "Why Suburban Office-to-Residential Conversions Are Starting to Work", "publisher": "propmodo.com", "date": null, "quote": "435 Devon Park Dr.", "kind": "news", "license": null, "retrieved": "2026-10-18"}, {"id": 8136, "site_id": "n-b3051eedb8", "url": "https://propmodo.com/playbook/why-suburban-office-to-residential-conversions-are-starting-to-work/", "title": "Timeline", "publisher": null, "date": null, "quote": "paying $10.2 million for a half-empty eight-building campus in late 2024", "kind": "quote", "license": null, "retrieved": "2026-10-18"}, {"id": 8137, "site_id": "n-b3051eedb8", "url": "https://propmodo.com/playbook/why-suburban-office-to-residential-conversions-are-starting-to-work/", "title": "Timeline", "publisher": null, "date": null, "quote": "full buildout by 2027", "kind": "quote", "license": null, "retrieved": "2026-10-18"}], "deals": [{"id": 487, "site_id": "n-b3051eedb8", "kind": "sale", "date": null, "year": 2024, "acres": null, "sqft": null, "buyer": "Eli Kahn and his partners", "seller": null, "broker": null, "lender": null, "loan_maturity": null, "loan_status": null, "listing_url": null, "status": null, "notes": null, "source_url": "https://propmodo.com/playbook/why-suburban-office-to-residential-conversions-are-starting-to-work/", "source_title": null, "source_date": null, "quote": "paying $10.2 million for a half-empty eight-building campus in late 2024", "verified": "draft", "retrieved": "2026-10-18"}], "parties": [{"name": "E. Kahn Development", "kind": "developer", "role": "developer", "year_from": 2024, "year_to": null}], "parcels": [], "context": {"assessment": {"what_happened": "435 Devon Park Dr. (Wayne, PA) is under construction as a housing conversion (162 apartments) of an existing 145,000 sq ft office park. Developer E. Kahn Development purchased the site for $10.2M in 2024. Zoning was amended (approved by township officials). Three acres of surface parking will be replaced with green space. ", "why": "Project is active (under construction, approved, and sold), aligning with 'reinhabit' strategy. Chester County housing market shows growth (4.6% 2018-23, median rent $1,691). No public subsidy. ", "where_it_stands": "Status: under construction (2024 retrofit). Full buildout expected 2027. Verified as 'draft' (not fully confirmed). ", "for_a_planner": ["Zoning change approved", "Green space replaces parking", "162 units across two existing buildings"], "for_a_developer": ["$10.2M purchase price", "145,000 sq ft GLA", "Peer projects: 6 similar 'reinhabit' conversions in PA/CT (e.g., Exton Square Mall, Lyndon at the Curtis)"], "risks_and_unknowns": ["Verified status: draft", "No public subsidy", "No details on construction timeline beyond 2027 buildout"], "data_quality": "good", "one_line": "Active housing conversion of office park (162 units) under construction; zoning approved, no subsidy; 145k sq ft GLA; peer projects in PA/CT.", "model": "qwen3-30b-a3b-64k:latest", "machine": "Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b)", "record_sha1": "41d680a87cdc"}, "cluster": {"within_10km": [{"id": "n-5e23cc44f6", "name": "Parkview at Chesterbrook", "city": "Chesterbrook", "status": "built", "km": 3.4}, {"id": "n-c56da653fe", "name": "Newtown Square Corporate Campus", "city": "Newtown Square", "status": "proposed", "km": 9.6}], "count_10km": 2, "count_25km": 8}, "elevation": {"elevation_ft": 214.5, "resolution": 1, "source": "USGS EPQS (3DEP)", "retrieved": "2026-10-20"}, "food_access": {"tract10": "42029300108", "urban": 1, "lila_1_10": 0, "low_access_1mi": 0, "lapop1share": 1.81322430455407, "poverty_rate": 4.80427046263345, "median_family_income": 159522.0, "snap_households": 11.0, "pop2010": 6235.0, "source": "USDA ERS Food Access Research Atlas 2019 (ArcGIS copy)", "retrieved": "2026-10-20"}, "housing_market": {"zhvi": {"latest": 579006, "month": "2026-09", "change_1y": 0.029, "change_5y": 0.325}, "zori": {"latest": 2242, "month": "2026-09", "change_1y": 0.035, "change_5y": 0.243}, "county_fips": "42029", "source": "Zillow Research (ZHVI, ZORI)"}, "jobs_lodes": {"tract20": "42029300108", "jobs": 6093, "retail_jobs": 658, "food_accommodation_jobs": 125, "year": 2022, "source": "Census LEHD LODES8 WAC 2022 (all jobs, primary and secondary), blocks summed to the 2020 tract", "retrieved": "2026-10-20"}, "listings": {"zip": "19087", "month": "202609", "median_listing_price": 662500, "median_listing_price_yy": -0.2787, "active_listing_count": 48, "median_days_on_market": 30, "price_reduced_share": 0.1681, "pending_ratio": 0.7158, "source": "Realtor.com Research, inventory core metrics by ZIP (ZCTA at the site point)", "retrieved": "2026-10-20"}, "opportunity": {"tract10": "42029300108", "kfr_p25": 0.5354, "jail_p25": 0.0183, "kids_count": 200.9039, "commuting_zone": "Philadelphia", "vintage": "children born 1978-83, outcomes measured 2014-15", "source": "Opportunity Insights, Opportunity Atlas (Chetty, Friedman, Hendren, Jones, Porter 2018)", "retrieved": "2026-10-20"}, "peers": {"peers": [{"id": "m-e82eb88122", "name": "Exton Square Mall", "city": "Exton", "state": "PA", "score": 5.5, "why": ["same strategy: reinhabit", "also in PA", "18 km away"]}, {"id": "m-dbf9b78307", "name": "Barstow Mall", "city": "Barstow", "state": "CA", "score": 5.5, "why": ["similar GLA (144,600 sq ft)", "same strategy: reinhabit"]}, {"id": "n-662d79a86c", "name": "Lyndon at the Curtis", "city": "Philadelphia", "state": "PA", "score": 5.5, "why": ["same strategy: reinhabit", "also in PA", "25 km away"]}, {"id": "m-59f54a644e", "name": "Chapel Square Mall", "city": "New Haven", "state": "CT", "score": 5.0, "why": ["similar GLA (165,000 sq ft)", "same strategy: reinhabit"]}, {"id": "n-56bef9cc44", "name": "Former Budd Co. plant", "city": "Philadelphia", "state": "PA", "score": 5.0, "why": ["same strategy: reinhabit", "also in PA", "25 km away"]}, {"id": "n-68b77a79c1", "name": "Frances E. Willard School", "city": "Philadelphia", "state": "PA", "score": 5.0, "why": ["same strategy: reinhabit", "also in PA", "27 km away"]}], "method": "size, era, strategy, status, type, state, distance"}, "permits": {"county": "Chester County", "2024": {"units_1": 1187, "units_2_4": 27, "units_5plus": 315, "value_total": 442627398}, "2023": {"units_1": 1112, "units_2_4": 22, "units_5plus": 161, "value_total": 376441097}, "retrieved": "2026-10-18"}, "qcew_retail": {"county": "42029", "year": 2025, "establishments": 1319, "employment": 23784, "avg_annual_pay": 46815, "lq_employment": 0.95, "employment_change_1y": -0.5, "source": "BLS QCEW 2025 annual, county, NAICS 44-45 retail trade, private", "retrieved": "2026-10-20"}, "retail_trend": {"2012": {"estab": 1511, "emp": 27530}, "2023": {"estab": 1353, "emp": 27318}, "estab_change": -0.105, "emp_change": -0.008, "county_fips": "42029"}, "schools": {"district": "Tredyffrin-Easttown School District", "district_geoid": "4223640", "grades": "KG-12", "district_vintage": "SY2024-25", "public_schools_1mi": 1, "schools": ["New Eagle El Sch"], "schools_vintage": "SY2023-24", "source": "NCES EDGE", "retrieved": "2026-10-20"}, "storms": {"county": "42029", "years": "2016-2025", "events": 685, "by_type": {"Thunderstorm Wind": 477, "Flash Flood": 149, "Hail": 24, "Flood": 15, "Heavy Rain": 13, "Lightning": 3, "Tornado": 2, "Funnel Cloud": 2}, "property_damage_usd": 41429010, "deaths_direct": 2, "injuries_direct": 1, "note": "county-typed events only; events logged to forecast zones (CZ_TYPE Z: most winter, heat, flood and coastal events) are not counted", "source": "NOAA NCEI Storm Events Database, details files", "retrieved": "2026-10-20"}, "traffic": {"max_aadt": 116941, "trucks_aadt": 8188, "road": "SR 0202 SH", "class": "freeway or expressway", "lanes": 7, "segments_600m": 38, "year": "2024", "source": "FHWA HPMS", "retrieved": "2026-10-20"}}, "elements": [{"slug": "strategy-reinhabit", "name": "Reinhabited", "group_": "strategy", "evidence": "162 apartments across the existing two-story buildings. Three acres of surface lot to be replaced with new green space.", "origin": "record"}, {"slug": "strategy-regreen", "name": "Regreened", "group_": "strategy", "evidence": "162 apartments across the existing two-story buildings. Three acres of surface lot to be replaced with new green space.", "origin": "record"}, {"slug": "use-housing", "name": "Housing", "group_": "use", "evidence": "162 apartments across the existing two-story buildings. Three acres of sur", "origin": "newtypes-extraction"}, {"slug": "use-park", "name": "Park and open space", "group_": "use", "evidence": "ildings. Three acres of surface lot to be replaced with new green space. Approved by Township officials.", "origin": "newtypes-extraction"}, {"slug": "policy-rezoning", "name": "Rezoning", "group_": "policy", "evidence": "yes (zoning amendment)", "origin": "newtypes-extraction"}, {"slug": "place-retail-shrinking-county", "name": "County lost 10%+ of retail establishments since 2012", "group_": "place", "evidence": "-10%", "origin": "census-cbp"}, {"slug": "place-high-traffic", "name": "30,000+ vehicles a day on an adjacent road", "group_": "place", "evidence": "116,941 on SR 0202 SH", "origin": "fhwa-hpms"}, {"slug": "place-freeway-frontage", "name": "Interstate or freeway within 600 m", "group_": "place", "evidence": "SR 0202 SH", "origin": "fhwa-hpms"}, {"slug": "place-rent-2000-plus", "name": "County typical rent $2,000+", "group_": "place", "evidence": "$2,242/mo", "origin": "zillow"}, {"slug": "era-retrofit-2020s", "name": "Retrofit 2020s", "group_": "era", "evidence": "2024", "origin": "newtypes-extraction"}, {"slug": "finance-sold-2020s", "name": "Sold since 2020", "group_": "finance", "evidence": "2024 Eli Kahn and his partners", "origin": "research-deals"}, {"slug": "status-pipeline", "name": "Retrofit in the pipeline", "group_": "finance", "evidence": "under construction", "origin": "newtypes-extraction"}], "details": {}, "photos": [], "provenance": {"gla_sqft": "newtypes-extraction", "status": "newtypes-extraction", "after_notes": "newtypes-extraction", "year_retrofit": "newtypes-extraction", "developer": "newtypes-extraction", "zoning_change": "newtypes-extraction", "public_subsidy": "newtypes-extraction"}, "restricted_fields": {"parcels": ["owner_addr", "assessed", "taxable", "tax_amount", "sale_price", "deed_ref"], "deals": ["price", "price_per_acre", "price_per_sqft", "loan_amount", "asking_price"], "how": "free API key: POST /api/v1/keys {\"email\": …}"}}