KING OF PRUSSIA, PA—New York-based Candlebrook Properties, which owns apartment properties throughout New York and New Jersey, is expanding into the Philadelphia market with the opening in King of Prussia of 251 DEKALB, a luxury high rise of 641 apartments that will feature high-end finishes and amenities. The project is one of the largest redevelopment projects underway in the Philadelphia market. Apartments are available for occupancy this summer, and the property will be completed in phases throughout 2016.
“King of Prussia is an extraordinary hub of commercial and retail activity in the heart of Philadelphia's affluent Main Line, yet it currently lacks high-end rental apartment options,” says Neil Rubler, CEO of Candlebrook Properties. “We're creating a new strata of luxury living in a market that demands it, and offering the highest standards of design to a city that is steeped in the tradition of its art and aesthetics.”
251 DEKALB will feature an array of amenities including 24/7 concierge services and the 251 Club™ , including a fitness center by wellness company Technogym™, a global provider of ultra-luxury wellness training equipment renowned for its dedication to both functionality and high-design. The 251 Club™ will also feature a library lounge, curated art displays, a new pool with sundeck and BBQ, bocce ball courts, and a dog park for pet-loving residents. Kidville, named 'best of' by New York Magazine, will use a decade of experience providing premium children's enrichment classes and birthday parties to design a custom play space for children.
All residences will feature top-of-the-line finishes and fixtures including wide plank floors, modern European open kitchens with custom fixtures, cabinetry and stainless steel appliances, along with European contemporary baths, in-unit washer/dryers, and floor-to-ceiling windows showcasing unparalleled views of Upper Merion and the Main Line. Catering to today's tech-savvy consumer, the property will offer an array of cutting-edge accommodations, including free Wi-Fi in all apartments, custom designed “tech bars”, and Kevo™ Bluetooth-controlled apartment locks, enabling access to your residence via mobile app.
Candlebrook has assembled an award-winning team to execute its vision for 251 DEKALB. Renowned design firm Varenhorst Architects, led by Stephen Varenhorst, is the architect of record. His firm has successfully executed the creative design of other noteworthy residential and commercial projects including the 2040 Market project in downtown Philadelphia. David Rubin of Land Collective, also notable for his work in the Philadelphia area and beyond, is handling the landscape design for the project.
“What were once discreet buildings originally constructed in the 1960s are now expressive pieces of modern architecture inspired by distinctive periods of art and design,” says Varenhorst. “251 DEKALB is the product of a collaborative vision that brings a new level of rental housing to King of Prussia during its exciting period of economic growth.”
Reflecting Candlebrook's commitment to sustainable development, 251 DEKALB will feature a planned community garden that will offer residents the unique experience to grow their own vegetables. Rubin said it was important from the beginning to offer several sustainable elements.
“It has been our intent from the inception of this project to rejuvenate an environment of engagement and community, one that fits holistically within the fabric of the neighborhood,” says Rubin. “The landscape of 251 DEKALB will unify the refurbished buildings in the modernist traditions of a common plane. It is the composition of the connective tissue in which the community will engage with each other.”
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
