Office parks · Pennsylvania
Spring House Corporate Center
Proposed housing/retail redevelopment of office park; supported by local housing demand and peer projects, but no timeline or approval status provided. · summary, model-written
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Site profile8 elements · what this retrofit is built with · tap a chip for the evidence
Retrofit in the pipeline
This site: …proposed newtypes-extraction · all sites with this30,000+ vehicles a day on an adjacent road
This site: 72,084 on FORT WASHINGTON EX fhwa-hpms · all sites with thisCounty typical rent $2,000+
This site: $2,073/mo zillow · all sites with thisInterstate or freeway within 600 m
This site: FORT WASHINGTON EX fhwa-hpms · all sites with thisRedeveloped
This site: …demolish one of the office buildings, keeping Berkadia in the other, and construct a 4-story multi-family apartment building consisting of 278 units with an… record · all sites with thisHousing
This site: Berkadia in the other, and construct a 4-story multi-family apartment building consisting of 278 units with an interior parking g newtypes-extraction · all sites with thisOffice
This site: …demolish one of the office buildings, keeping Berkadia in the other, and construct a 4 newtypes-extraction · all sites with thisRetail (continued)
This site: …ing garage. In addition, the plan proposes three commercial retail buildings of 47,000 square feet total, additional parking, newtypes-extraction · all sites with thisNow
| Status | Retrofit proposednewtypes-extraction |
|---|---|
| Strategy | Redevelopment, proposedWikipedia |
| New uses | housing, retailWikipedia |
| What is there now | demolish one of the office buildings, keeping Berkadia in the other, and construct a 4-story multi-family apartment building consisting of 278 units with an interior parking garage. In addition, the plan proposes three commercial retail buildings of 47,000 square feet total, additional parking, and an emergency access between Spring House Corporate Center and Gwynedd Estates next doornewtypes-extraction |
| Redeveloper | BET 309, LLCnewtypes-extraction |
Site context
| Housing permits, Montgomery County (PA), 2024 | 541 units in 5+ unit buildings, 72 in 2–4, 1,877 single-family; 2023: 124 in 5+Census BPS |
|---|---|
| Other atlas sites nearby | 1 within 10 km, 7 within 25 km: Plymouth Meeting Mall (9.4 km)computed |
| Retail trade in the county, 2012 to 2023 | 2,949 establishments (-10%); 54,704 jobs (-3%)Census CBP |
| Housing market in the county | typical home value $492,975 (+3% 1 yr, +27% 5 yr); typical rent $2,073/mo (+3% 1 yr), 2026-09Zillow Research |
| Traffic on the busiest road within 600 m (2024) | 72,084 vehicles a day on FORT WASHINGTON EX (freeway or expressway, 4 lanes); 4,342 trucks; 40 counted segmentsFHWA HPMS |
Summary, model-written
Proposed redevelopment of Spring House Corporate Center (office-park) in Lower Gwynedd, PA. Developer BET 309, LLC plans to demolish one office building (retaining Berkadia in the other), construct a 4-story apartment building (278 units), and add 47,000 sq ft of retail across three buildings. Includes new parking and emergency access to Gwynedd Estates.
Why. County population grew 4.9% (2018–2023), median rent is $1,612, and housing is explicitly proposed. Nearby Plymouth Meeting Mall (9.4 km) is operating. Peer projects like Keystone Trade Center (35 km) and Newtown Square Corporate Campus (27 km) share similar redevelop strategies.
Where it stands. Status: proposed. Verified as draft. No construction timeline or approval status provided. Permit data shows Montgomery County has approved 1,877 single-unit housing projects in 2024 (value: $776M), but this specific project’s permits are not listed.
For a planner
- Nearby retail trend shows 9.5% fewer establishments (2012–2023), but housing demand appears strong (ZORI: $2,073/month, +23.6% 5-year growth).
- Traffic: 72,084 ADT on nearby freeway (FORT WASHINGTON EX), 4 lanes.
- Peer projects (e.g., Regent Retail Park, 25 km away) are also redeveloping with housing/retail.
For a developer
- No cost, timeline, or approval status in record. Housing market data supports demand (ZHVI: $492,975, +27.3% 5-year growth).
- Existing tenant (Berkadia) to remain in one building. Emergency access to adjacent property (Gwynedd Estates) is proposed.
What we do not know yet
- Status is 'proposed' with no construction start date. No details on zoning approvals or community feedback. 'Verified: draft' suggests incomplete documentation. No cost breakdown for the 278-unit project.
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Similar sites
- Keystone Trade Center, Falls Township, PA · Office parks · same strategy: redevelop; also in PA; 35 km away
- Newtown Square Corporate Campus, Newtown Square, PA · Office parks · same strategy: redevelop; also in PA; 27 km away
- Former Budd Co. plant, Philadelphia, PA · Industrial sites · same strategy: redevelop; also in PA; 25 km away
- Regent Retail Park, Salford, PA · Strip centers · same strategy: redevelop; also in PA; 25 km away
Elsewhere on the web
Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar
Multifamily screen
- already in play: under construction, approved, or sold to a developer with housing plans
- county grew 4.9% 2018–23
- median rent $1,612
- housing in the record
Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.
History and original facts
| Anchors | Berkadia |
|---|---|
| County | Montgomery County |
| Census division | 2 · Mid-Atlantic |
| Notes | Draft from lowergwynedd.org, model-extracted, unreviewed: The Spring House Corporate Center, currently an office park with two office buildings and a barn, is proposed to be redeveloped into a mixed-use project with 278 apartment units and 47,000 square feet of retail. |
Not yet recorded: acres, GLA, year opened, original developer, retrofit year. Know it? Tell us.
Sources
- Spring House Corporate Center Redevelopment | Lower Gwynedd ...
1 quoted sentence
Spring House Corporate Center
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