Office parks · Pennsylvania

435 Devon Park Dr.

Imported, unreviewedRegreenedReinhabitedUnder constructionWayne, PA

Regreening · Reinhabitation, under construction in 2024.

Status nowUnder constructionnewtypes-extraction reported

What it becamehousingWikipedia no source

Site size145,000 sq ft GLAnewtypes-extraction no source

Last sale$10.2M · 2024public reporting

Retrofit year2024newtypes-extraction reported

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Solid = from the authors' map · outlined = public source · dashed = model-written, not yet reviewed by a person. Tap any value's source label to see where it came from. documented = a quoted excerpt (click to read it) · reported = a source named, no excerpt yet · no source.

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Site profile11 elements · what this retrofit is built with · tap a chip for the evidence

Finance and pipeline

Retrofit in the pipeline

This site: …under construction newtypes-extraction · all sites with this

Sold since 2020

This site: 2024 Eli Kahn and his partners research-deals · all sites with this

Place

30,000+ vehicles a day on an adjacent road

This site: 116,941 on SR 0202 SH fhwa-hpms · all sites with this

County lost 10%+ of retail establishments since 2012

This site: -10% census-cbp · all sites with this

County typical rent $2,000+

This site: $2,242/mo zillow · all sites with this

Interstate or freeway within 600 m

This site: SR 0202 SH fhwa-hpms · all sites with this

Policy tool

Rezoning

This site: …yes (zoning amendment) newtypes-extraction · all sites with this

Strategy

Regreened

This site: 162 apartments across the existing two-story buildings. Three acres of surface lot to be replaced with new green space. record · all sites with this

Reinhabited

This site: 162 apartments across the existing two-story buildings. Three acres of surface lot to be replaced with new green space. record · all sites with this

New use

Housing

This site: 162 apartments across the existing two-story buildings. Three acres of sur newtypes-extraction · all sites with this

Park and open space

This site: …ildings. Three acres of surface lot to be replaced with new green space. Approved by Township officials. newtypes-extraction · all sites with this

All elements and lists · Trends

Now

Status	Under constructionnewtypes-extraction reported
Strategy	Regreening · Reinhabitation, under constructionWikipedia no source
New uses	housingWikipedia no source
What is there now	162 apartments across the existing two-story buildings. Three acres of surface lot to be replaced with new green space.newtypes-extraction reported
Retrofit year	2024newtypes-extraction reported
Redeveloper	E. Kahn Developmentnewtypes-extraction reported

Planning

Zoning change	yes (zoning amendment)newtypes-extraction reported
Public purchase or subsidy	nonewtypes-extraction reported
Planning notes	Approved by Township officials.Wikipedia no source

Deals and debt

Date	Event	Price	Parties	Source
2024	Sold	$10.2M closed	Eli Kahn and his partners	propmodo.com

Site context

Housing permits, Chester County (PA), 2024	315 units in 5+ unit buildings, 27 in 2–4, 1,187 single-family; 2023: 161 in 5+Census BPS
Other atlas sites nearby	2 within 10 km, 8 within 25 km: Parkview at Chesterbrook (3.4 km); Newtown Square Corporate Campus (9.6 km)computed
Retail trade in the county, 2025 (BLS QCEW)	23,784 jobs in 1,319 establishments; average annual pay $46,815; employment location quotient 0.95; employment -0.5% on the yearBLS QCEW 2025, NAICS 44-45, private
Jobs located in the tract, 2022	6,093 jobs; 658 in retail trade, 125 in accommodation and food (workplace blocks summed to tract 42029300108)Census LEHD LODES8 WAC 2022
Upward mobility (Opportunity Atlas, 2010 tract)	children of low-income (25th percentile) families reached the 54th income percentile as adults; 1.8% incarcerated at the 2010 count (201 children in the sample); born 1978–83, measured 2014–15Opportunity Insights
Food access (USDA FARA 2019, 2010 tract)	not a low-access tract at 1 mile; 2% of residents more than 1 mile from a supermarket; poverty rate 4.8%; median family income $159,522; 11 SNAP householdsUSDA ERS
Schools	Tredyffrin-Easttown School District (KG-12); 1 public school within 1 mile: New Eagle El SchNCES EDGE
Elevation	214 ft above sea level at the site pointUSGS 3DEP
Storm events in the county, 2016-2025	685 county-logged events: 477 thunderstorm wind, 149 flash flood, 24 hail, 15 flood; $41,429,010 property damage reported; 2 direct deaths; forecast-zone events (most flood, winter and heat) not countedNOAA Storm Events
Homes for sale in ZIP 19087, 2026-09	median list price $662,500 (-27.9% on the year); 48 active listings; median 30 days on market; 17% with a price cutRealtor.com Research
Retail trade in the county, 2012 to 2023	1,353 establishments (-10%); 27,318 jobs (-1%)Census CBP
Housing market in the county	typical home value $579,006 (+3% 1 yr, +32% 5 yr); typical rent $2,242/mo (+4% 1 yr), 2026-09Zillow Research
Traffic on the busiest road within 600 m (2024)	116,941 vehicles a day on SR 0202 SH (freeway or expressway, 7 lanes); 8,188 trucks; 38 counted segmentsFHWA HPMS

Summary, model-written

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)

What we do not know yet

Verified status: draft
No public subsidy
No details on construction timeline beyond 2027 buildout

Generated by qwen3-30b-a3b-64k:latest on Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b) from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.

Similar sites

Exton Square Mall, Exton, PA · Malls · same strategy: reinhabit; also in PA; 18 km away
Barstow Mall, Barstow, CA · Malls · similar GLA (144,600 sq ft); same strategy: reinhabit
Lyndon at the Curtis, Philadelphia, PA · Office parks · same strategy: reinhabit; also in PA; 25 km away
Chapel Square Mall, New Haven, CT · Malls · similar GLA (165,000 sq ft); same strategy: reinhabit

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 4.6% 2018–23
median rent $1,691
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

Gross leasable area	145,000 sq ftnewtypes-extraction
County	Chester County
Census division	2 · Mid-Atlantic
Notes	Draft from propmodo.com, model-extracted, unreviewed: An office park in Wayne, PA, is being converted into 162 apartments with new green space.

Not yet recorded: acres, year opened, original developer. Know it? Tell us.

Timeline

2024 Property purchased for $10.2 million
2024 Retrofit: regreen, reinhabit
2027 Full buildout expected

Sources

Why Suburban Office-to-Residential Conversions Are Starting to Work
3 quoted sentences
435 Devon Park Dr.
paying $10.2 million for a half-empty eight-building campus in late 2024
full buildout by 2027

Cite

Retrofit Atlas (2026). "435 Devon Park Dr., Wayne, PA." Record n-b3051eedb8, imported, unreviewed. Built on the public Retrofitting Suburbia map (Dunham-Jones and Williamson) and the sources listed. https://retrofitatlas.org/office-parks/pa/wayne-435-devon-park-dr/ (accessed 2026-10-20).

BibTeX

@misc{retrofitatlas_wayne435devonparkdr,
  title = {435 Devon Park Dr., Wayne, PA},
  author = {{Retrofit Atlas}},
  howpublished = {\url{https://retrofitatlas.org/office-parks/pa/wayne-435-devon-park-dr/}},
  year = {2026},
  note = {Record n-b3051eedb8, release 2026-10-20, tier: draft. Built on the Retrofitting Suburbia map (Dunham-Jones and Williamson) and the sources listed on the record. Accessed 2026-10-20}
}

How to cite, versioning