Now, Pinnacle has brought in a high-profile partner for the project, which it's calling Maxwell Place. Toll Brothers, the Huntingdon Valley, PA-based homebuilder will have a stake in a project that will ultimately total more than 830 luxury condos, 206,000 sf of commercial space, 1,500 parking spaces a number of amenities.
"This project represents another major step for us as we expand our presence in affluent urban areas," says Robert I. Toll, chairman and CEO of Toll Brothers. "We view the urban development market as one with tremendous opportunity."
Brian M. Stolar, president and CEO of Pinnacle, says he looks forward to having the "continued involvement of Daniel Gans and George Vallone, who were instrumental in gaining local approvals and coordinating community involvement in this project." Gans and Vallone are two local investors who remain partners in the project.
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