KING OF PRUSSIA, PA—New York-basedCandlebrook Properties, which owns apartmentproperties throughout New York and New Jersey, is expanding intothe Philadelphia market with the opening in King of Prussia of251 DEKALB, a luxury high rise of 641 apartmentsthat will feature high-end finishes and amenities. Theproject is one of the largest redevelopment projects underway inthe Philadelphia market. Apartments are available foroccupancy this summer, and the property will be completed in phasesthroughout 2016.

“King of Prussia is an extraordinary hub of commercial andretail activity in the heart of Philadelphia's affluent Main Line,yet it currently lacks high-end rental apartment options,” saysNeil Rubler, CEO of CandlebrookProperties. “We're creating a new strata of luxury livingin a market that demands it, and offering the highest standards ofdesign to a city that is steeped in the tradition of its art andaesthetics.”

251 DEKALB will feature an array of amenitiesincluding 24/7 concierge services and the 251Club™ , including a fitness center by wellness companyTechnogym™, a global provider of ultra-luxurywellness training equipment renowned for its dedication to bothfunctionality and high-design. The 251 Club™ willalso feature a library lounge, curated art displays, a new poolwith sundeck and BBQ, bocce ball courts, and a dog park forpet-loving residents. Kidville, named 'best of' byNew York Magazine, will use a decade of experienceproviding premium children's enrichment classes and birthdayparties to design a custom play space for children.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Steve Lubetkin

Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].