An affiliate of Piazza Management is proposing an expansive mixed-use development in King of Prussia that calls for hundreds of new apartments, a parking garage and tripling the size of an existing office building.
Late developer and car dealership owner Vince Piazza acquired the 18.14-acre property at 1100 First Ave. in 2016 under an entity called Royale Gardens. At the time, Piazza, who died last year at the age of 89, described the deal as a “rare and unique opportunity” to find a developable site of that size in the “heart of King of Prussia.” The property currently has a two-story 60,000-square-foot office building and 43,374 square feet of warehouse space, both of which are currently vacant, according to recent documents filed by Piazza Management with Upper Merion Township. A large, undeveloped parking lot also sits on the site.
*Article courtesy of Philadelphia Business Journal
For more information about King of Prussia office space for sale or lease in King of Prussia or about any other King of Prussia properties for sale or lease, please contact WCRE at 856-857-6300.
Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier King of Prussia commercial real estate broker that provides a full range of King of Prussia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other King of Prussia commercial properties for buyers, tenants, investors and sellers.
Please visit our websites for a full listing of King of Prussia commercial properties for lease or sale through our King of Prussia commercial real estate brokerage firm.