Pennbrook Apartments
The newly renovated Pennbrook Apartments offer upgraded, first-class, secure and well-maintained living for students and professionals desiring a superior location adjacent to City Ave, the Main Line, Saint Joseph's University, City Avenue shopping and amenities, and directly across from the Overbrook R-5 train station. Benefiting from a complete renovation, the building now has state-of-the-art fire and life safety systems, card entry and security systems, laundry facilities centrally located on each floor, and a beautifully landscaped and park-like courtyard. The individual apartments feature spacious floor plans, hardwood floors, and modern kitchens and bathrooms with upgraded and new appliances, including microwaves, ranges, refrigerators, and dishwashers.
Following a very successful renovation program in 2009, and immediate lease-up to students, Aquinas was approached by SJU and the parties subsequently agreed to a long-term master lease, thereby adding Pennbrook as a highly-sought and important new supplement to SJU's off-campus housing stock.
» Article in The Hawk - SJU's Newspaper
The Promenade at Sycamore Street
Located in the heart of Newtown, the Promenade at Sycamore will offer several fashionable retail spaces as well as elegant condominiums. To be delivered in the Fall of 2012, this beautiful redevelopment of an abandoned grocery store, will feature Anthroplogie as the main tenant in the upscale first floor retail setting. The second and third floors will offer carefree and luxury condo living to discerning residents who will benefit from an elegant lifestyle in an extraordinary location – with the best shopping, restaurants and cafes all within walking distance within beautiful and downtown Newtown Borough.
» Mentioned in Philadelphia Magazine
Westview Plaza – Philadelphia, PA
Westview Plaza is located in the Mantua section of Philadelphia, a neighborhood which has not had a supermarket in over 30 years. The Mantua community is surrounded by some of Philadelphia's most notable attractions and is conveniently located adjacent to the campus of Drexel University and is less than 1.5 Miles from the Philadelphia Zoo, the Philadelphia Art Museum, 30th Street Train Station (the largest transportation hub in the region) Center City and Interstates 76 and 95.
The Plaza will consist of a suburban-style supermarket and additional pad-site retail. The proposed development site encompasses four city blocks in the Mantua section of Philadelphia bordered by Wallace Street to the North, 36th Street to the East, 38th Street to the West and Haverford Avenue to the South. The project and development team have garnered strong support from all stakeholders (e.g. community groups, Drexel University, City Council and City and State Government). The timetable for this project is to commence construction in the Spring of 2012 and deliver in the Spring of 2013.
2021 Chestnut Street
A Ground-up, Urban Infill Redevelopment
Street-Level Retail & Mid-Rise Luxury Apartment Complex
Aquinas, following an extensive RFQ and RFP process was recently selected by the Redevelopment Authority of the City of Philadelphia ("RDA") as the redeveloper of this very well-located, but long-vacant former YWCA Annex building located at 2021 Chestnut Street in Philadelphia, Pennsylvania. On December 5, 2011, the RDA by power of a board resolution, authorized Aquinas as the redeveloper of the Property.
Aquinas' redevelopment plan for this site includes an exciting new state-of-the-art building featuring sustainable design elements incorporated into seventy luxury market rate apartments, street front retail space. Beyond providing a vibrant new asset that is responsive to significant market demand for this type of space, 2021 Chestnut will inject vitality into the area while ensuring the scale and design of the project are harmonious with the surrounding neighborhood in terms of uses and aesthetics. Aquinas will commence redevelopment in the Spring of 2012 with occupancy anticipated in the Spring of 2013.
The Property is located in the prestigious and highly sought-after Rittenhouse Square neighborhood of Philadelphia, and benefits accordingly from very sound fundamentals in terms of a) supply constraints - very limited supply of new luxury apartments in the submarket; and b) strong demand drivers - over forty million square feet of office space in the CBD; proximity to University City and CHOP; outstanding and "walkable" retail, entertainment and cultural amenities.
» Article on philly.com - "A likely buyer for vacant, blighted YWCA"
2021 Chestnut Street featured in Multifamily Executive August 2011
(click here for article)