King of Prussia Town Center

King of Prussia Town Center
King of Prussia Town Center
Location King of Prussia, Pennsylvania
Address 155 Village Drive
King of Prussia, PA 19406
Opening date 2016
Management The JBG Companies
Owner The JBG Companies
Total retail floor area 390,000 sq ft (36,232 m2)[1]
Parking street parking, parking lot
Public transit access SEPTA bus: 92, 124
Website http://kingofprussia-towncenter.com/

The King of Prussia Town Center is a lifestyle center located in the community of King of Prussia in Upper Merion Township, Montgomery County, Pennsylvania. The center is located a short distance west of the King of Prussia mall. The King of Prussia Town Center is anchored by Wegmans, Nordstrom Rack, Ulta Beauty, REI, and LA Fitness. In addition, the center consists of a downtown area of dining, retail, and service establishments and a Town Square. The town center is part of the Village at Valley Forge, a mixed-use development under construction that consists of retail, apartments, townhouses, condominiums, office space, and the Children's Hospital of Philadelphia's "Specialty Care and Surgery Center". The King of Prussia Town Center is owned by The JBG Companies.

Description

King of Prussia Town Center commercial area near Wegmans

The King of Prussia Town Center is anchored by Wegmans, Nordstrom Rack, Ulta Beauty, REI, and LA Fitness.[2] In addition to the anchor stores, the town center features a downtown area with a Main Street that contains several dining, retail, and service establishments. The downtown area has a Town Square, which is a grassy area surrounded by water features and a 60 feet (18 m) custom fire wall.[3][4] The King of Prussia Town Center is part of a larger development known as the Village at Valley Forge, a 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".[4][5]

History

King of Prussia Town Center residential units

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 Pennsylvania Supreme Court ruled in Maloomian's favor in 2003. There were two plans that existed for the proposed development. Maloomian went ahead with a different plan that would create a suburban downtown that would have apartments, townhouses, and offices; he had unsuccessfully attempted to build a similar development at the former site of the Garden State Park Racetrack in Cherry Hill, New Jersey. Despite this, Maloomian had to continue to convince township planners to allow him to build his town center development. In December 2004, he showed township planners a similar development in Reston, Virginia. In 2006, Upper Merion Township and Maloomian reached an agreement that allowed the town center to proceed forward. Construction was delayed by the Great Recession in 2008.[4]

The first part of the town center was completed in 2014 with the opening of a Wegmans grocery store.[6] In April 2015, JBG bought 20 acres from Maloomian to build the lifestyle center.[4][6] The lifestyle center opened over the course of summer 2016. Both the Nordstrom Rack and LA Fitness anchor stores relocated from a shopping center near the King of Prussia mall. Construction of the King of Prussia Town Center cost $100 million.[6] Offices are being constructed and residential areas are in development as part of the larger Village at Valley Forge. In 2017, JBG put the King of Prussia Town Center up for sale.[4]

References

  1. ↑ "King of Prussia Town Center". The JBG Companies. Retrieved March 3, 2017.
  2. ↑ "Site Plan" (PDF). King of Prussia Town Center. Retrieved March 3, 2017.
  3. ↑ "About". King of Prussia Town Center. Retrieved March 2, 2017.
  4. 1 2 3 4 5 Huber, Robert (March 2017). "The Promised Land?". Philadelphia Magazine. p. 76-79, 128-134.
  5. ↑ "Home". The Village at Valley Forge. Retrieved March 2, 2017.
  6. 1 2 3 Parmley, Suzette (April 5, 2016). "Upper Merion's new downtown rises near KofP Mall". The Philadelphia Inquirer. Retrieved March 3, 2017.

Coordinates: 40°05′04″N 75°24′13″W / 40.084489°N 75.403503°W / 40.084489; -75.403503

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