NEWTOWN SQUARE, PA - GMH Capital Partners, L.P. (“GMH”) today announced its plans to erect The Pendleton at Malvern, a best-in-class, four-story multifamily community consisting of 225 units, located on Philadelphia’s ‘Main Line’ in Malvern, Pennsylvania. Soon to be known as The Pendleton at Malvern, the development is a joint venture partnership with AEW Capital Management, L.P. and is slated to open in Summer of 2021.
The development will be situated in a central location on Lancaster Avenue just minutes away from major roadways including Route 202, I-76, The Pennsylvania Turnpike, and Route 29, providing easy access to Philadelphia and major surrounding cities such as King of Prussia, West Chester, Phoenixville, Conshohocken, Exton, and Newtown Square. Conveniently down the road is The Great Valley Corporate Center, home to innovative companies such as Microsoft, Siemens, IKON and Johnson & Johnson. Nearby shops and restaurants providing an added level of convenience to residents include El Limon, Classic Diner, Stove & Tap, McKenzie Brew House, Pennsylvania Distilling Company, Locust Lane Craft Brewery, Wawa, Giant, Wegmans, Karen’s K-9 Care, Freedom Massage, and more.
“We believe The Pendleton at Malvern’s central location in a live, work, play environment fits right into the township’s comprehensive plan to promote Route 30 as a corridor with a diverse mix of land uses and improved multimodal transportation options,” said Gary Holloway Jr., President at GMH Capital Partners. “We are excited to work alongside AEW in establishing yet another exceptional apartment community right in our backyard, and we look forward to welcoming new residents upon completion.”
The Pendleton at Malvern will offer a combination of floor plans including spacious studios, one-and two-bedroom units, all of which will be equipped with modern finishes, stainless steel appliances, contemporary designs, state-of-the-art interiors, and stunning views. Kitchen islands, modern bathrooms and private balconies are just a few of the in-unit offerings available.
The outdoor amenities will feature a resort-style pool, hardscaped and landscaped outdoor entertainment areas, beer garden, and a bocce court within a private, half-acre courtyard. The indoor amenities encompass a fitness center, motion studio, e-lounge, conference rooms, concierge, and a great room housing gaming and a kitchen/bar. There will also be an area for dogs to congregate on the property and a dog-wash area within the building.
To learn more about the development, please email info@gmh-inc.com
About GMH Capital Partners: GMH Capital Partners, L.P. is a dynamic real estate company specializing in the acquisition, development and management of high quality residential and commercial properties throughout the United States. Since 1985, GMH has participated in over 300 transactions representing more than over $8 billion of gross asset value across all major property types. For more information, visit www.gmhcp.com