COLLEGEVILLE, PA–Madison Apartment Group, the multifamily operating arm of Equus Capital Partners, welcomed the first residents last week at its Madison Providence community, a 240 unit class A apartment community in Collegeville, PA.  

As previously reported by GlobeSt.com, Madison broke ground for the complex last October. Leasing and construction is proceeding ahead of schedule, with full project completion slated for year end. Centrally located within Providence Corporate Center, Madison Providence offers modern apartment living in a classic suburban setting.

“The pace of leasing has far surpassed expectations, clearly demonstrating the demand for upscale rental living in the area,” says Joseph F. Mullen, president of Madison Apartment Group.  "Madison Providence offers the most sought out amenities, the latest green building specifications and immediate access to some of the region's best shopping and entertainment and employers."

Madison Providence offers one and two bedroom luxury apartment homes designed around a central greenscape and a state-of-the-art clubhouse, opening in April. The 5,580 square foot clubhouse provides complimentary WiFi access and features a business center, cardio and fitness center, billiards room and a full demonstration kitchen. Additional onsite amenities include a resort style pool with sundeck, fire pit with outdoor seating and community gardens. Madison Providence is pet-friendly, with a community dog park, walking trails and indoor dog washing station.

Located within Providence Corporate Center, Madison Providence is located within one half mile of the intersection of Routes 422 and 29.  Madison Providence combines the best of suburban living with across-the-street access to shopping, and dining at Providence Town Center, the recently completed 750,000 square foot retail center that includes both national and regional retailers including Wegman's, Best Buy, ULTA, Dick's Sporting Goods, PetSmart and LA Fitness. The center also includes numerous restaurants such as P.F. Changs, Olive Garden, Panera, Starbucks, Red Robin and a Movie Tavern. The apartment community is within one mile of several of the area's largest employers including GlaxoSmithKline, Quest Diagnostics, Dow Chemical and Pfizer. The King of Prussia office market, the largest of Philadelphia's suburban markets, is just 10 minutes away via the Route 422 Expressway.

The community consists of 12 two and three story buildings located on a rolling 26 acre site. Every apartment home (1,014 square foot average unit size) has been meticulously designed and appointed with features such as stainless steel appliances, granite countertops, 9 foot ceilings, oversized windows, master bedroom suites, high efficiency sustainable features and private balconies and patios. Enclosed garage and storage spaces are also available for lease at the community.