COLLEGEVILLE, PA—Madison Apartment Group, the multifamily operating arm of Equus Capital Partners, has broken ground for Madison Providence, a 240-unit class A property within one half mile of the intersection of Routes 422 and 29.
"Madison Providence will offer the most sought out amenities, the latest green building specifications and immediate access to some of the region's best shopping and entertainment," says Dan DiLella, president and CEO of Equus Capital Partners. “This apartment community will help meet area demand for high end apartment living with the convenience and benefits of a suburban lifestyle.”
Located within Providence Corporate Center, the community expected to be complete in Spring 2015. Madison Providence will offer one- and two-bedroom luxury apartment homes designed around a clubhouse and amenities center. Resident amenities will include the 5,580 square foot clubhouse with WiFi, cardio fitness center, billiards room and a dog washing station. Additional onsite amenities will include a resort style pool with sundeck, fire pit with outdoor seating, community gardens and a dog park.
Madison Providence combines the best of suburban living with across-the-street access to shopping, and dining at Providence Town Center, the recently completed 750,000 square foot retail center that includes both national and regional retailers including Wegman's, Best Buy, ULTA, Dick's Sporting Goods, PetSmart and LA Fitness. The center also includes numerous restaurants such as P.F. Changs, Olive Garden, Panera, Starbucks, Red Robin and a movie tavern. The apartment community is within one mile of several of the area's largest employers including GlaxoSmithKline, Quest Diagnostics, Dow Chemical and Wyeth Laboratories. The King of Prussia office market, the largest of Philadelphia's suburban markets, is just 10 minutes away via the Route 422 Expressway.
The community will consist of 12 two and three story buildings located on 26 acres. Every apartment home (1,014 square foot average unit size) includes stainless steel appliances, granite countertops, 9 foot ceilings, oversized windows, master bedroom suites, high efficiency sustainable features and private balconies and patios.
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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].
