CONSHOHOCKEN, PA—Keystone Property Group has attracted Brown & Brown of Pennsylvania, an employee benefits and business insurance firm, to SORA East, its redevelopment project in Conshohocken, PA.
Brown & Brown signed a 16,846-square-foot lease at 125 East Elm Street (known as SORA East), which is part of a multifaceted, transit-oriented redevelopment initiative located in the heart of Conshohocken.
“It's become abundantly clear that Conshohocken provides a mix of urban vitality and accessibility to Philadelphia that is attractive to businesses throughout the region,” says Bill Glazer, president of Keystone. “With SORA, we're on the precipice of creating a truly special centerpiece in the borough – a commercial and cultural nucleus that will harness the rising energy of Conshohocken by providing a central hub to work, stay, and play.”
Brown & Brown adds to a tenant base at SORA East that includes Keystone itself, which relocated its headquarters to Conshohocken in February 2015. Keystone currently owns four commercial properties in Conshohocken, a burgeoning suburb of Philadelphia only a short drive or SEPTA ride from the city.
Upon completion, SORA – formerly known as One Conshohocken – will consist of more than 350,000 square feet of class A office space, structured parking, and a 220-room, hotel.
As previously reported by GlobeSt.com, In line with the borough's comprehensive revitalization strategy for Conshohocken, the plan also includes a vibrant public plaza situated in the middle of the development, designed as a community event and gathering space as well as the repurposing and restoration of the 136-year-old Conshohocken Firehouse, as a brewpub with indoor/outdoor dining, retail and event experiences. Keystone will also provide local residents, businesses, and visitors with additional parking spaces onsite.
SORA enjoys convenient connections throughout Eastern Pennsylvania, including 30th Street and Suburban Stations in Philadelphia, from the adjacent Conshohocken SEPTA regional rail station.
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