MALVERN, PA – The joint-venture partnership of GMH CapitalPartners LP and AEW Capital Management LP has broken ground on itsfour-story, multifamily development in Malvern, PA.

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The 225-unit community, The Pendleton at Malvern, is slated toopen in summer 2021.

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The Pendleton at Malvern will offer a variety of floorplans tofuture tenants, including studios, one-bedroom units andtwo-bedroom units. Each residence will feature stainless steelappliances and state-of-the-art interiors, and certain residenceswill offer private balconies.

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The property's outdoor amenities comprise a resort-style pool,entertainment areas, a beer garden and a bocce court within aprivate, half-acre courtyard. The community will additionallyfeature a fitness center, motion studio, e-lounge, conferencerooms, concierge, a dog-wash area, a gaming room and akitchen/bar.

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Situated on Lancaster Avenue, the property will be offer accessto Philadelphia through its close proximity to major roadways, suchas Route 202, Interstate 76, The Pennsylvania Turnpike and Route29. The community will also be located near The Great ValleyCorporate Center, which hosts companies such as Microsoft, Siemens,IKON and Johnson & Johnson.

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"We believe The Pendleton at Malvern's central location in alive, work, play environment fits right into the township'scomprehensive plan to promote Route 30 as a corridor with a diversemix of land uses and improved multimodal transportation options,"said Gary Holloway Jr., GMH Capital Partners president. "We areexcited to work alongside AEW in establishing yet anotherexceptional apartment community right in our backyard, and we lookforward to welcoming new residents upon completion."

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Multifamily Exterior Rendering The Pendleton at Malvern Rendering

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Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.