The first phase of a challenging revitalization effort in Ardmore is now closer to fruition as developer Dranoff Properties is preparing to construct an 8-story mixed-use project called One Ardmore Place.
10,500 square feet of ground floor retail space, as well as covered parking on two decks with more than 200 parking spaces, will round out the complex.
The project is estimated to create 900 construction jobs and 80
permanent retail jobs and generate around $40 million in annual revenue
once construction is completed.
One Ardmore Place will stand at the crossroads of stores, homes and
the historic district, where just about everything is within walking
Located on Philadelphia's affluent Main Line,
Ardmore is bordered by Wynnewood, Haverford, Gladwyne and Havertown, One
Ardmore Place will be the very heart and soul of the town’s
Originally unveiled in 2008 as Ardmore Station, the project was scaled back from a $180 million, three-phase development with 335 apartment units and 120,000 square feet of office and retail space, as the economy stumbled.
Pre-construction is already underway with ground breaking slated for early this year.