King of Prussia Town Center
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King of Prussia Town Center is a
It is part of the Village at Valley Forge, 122-acre mixed-use development which consists of the retail development along with apartments, townhouses, condominiums, office space, and the Children's Hospital of Philadelphia's "Specialty Care and Surgery Center".[3][4] The town center features a downtown area with a Main Street that contains several dining, retail, and service establishments and Town Square, a grassy area surrounded by water features and a 60 feet (18 m) custom fire wall.[5][3]
History
In the late 1990s, developer Dennis Maloomian acquired a 138-acre golf course near the King of Prussia mall and planned a mixed-use residential and retail development that would include a town center for King of Prussia. The proposed development needed to be rezoned, and Maloomian attended Upper Merion Township monthly meetings over a course of 18 months in order to get the golf course rezoned so he could build his development, which was to feature residential and retail development within a golf course that would serve as a buffer. Both township officials and local residents were opposed to the plans. Maloomian would go to court and plead his rights as a property owner were being violated. After several failed appeals, the
The first part of the town center was completed in 2014 with the opening of a
In 2017, JBG Smith sold the property to funds managed by CBRE Group for $183 million.[8]
In 2019, Williams Sonoma signed a lease at the center.[9]
Gallery
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King of Prussia Town Center residential units
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King of Prussia Town Center commercial area near Wegmans
References
- ^ "King of Prussia Town Center". CBRE Group.
- U.S. Census Bureau.
- ^ a b c d Huber, Robert (March 4, 2017). "Is King of Prussia the New Promised Land?". Philadelphia.
- ^ "The Village at Valley Forge". The Village at Valley Forge.
- ^ "About". King of Prussia Town Center.
- ^ "Directory". King of Prussia Town Center.
- ^ a b c Parmley, Suzette (April 5, 2016). "Upper Merion's new downtown rises near KofP Mall". The Philadelphia Inquirer, LLC.
- ^ Adelman, Jacob (May 10, 2017). "King of Prussia Town Center sells to L.A.-backed fund months after opening". The Philadelphia Inquirer, LLC.
- ^ Kostelni, Natalie (August 13, 2019). "Williams Sonoma on the move in King of Prussia". American City Business Journals.