The Piazza at Ardmore Breaks Ground, Ushering in New Era of Suburban Development
The landscape of Ardmore’s business district is poised for a dynamic transformation with the ground-breaking commencement of The Piazza at Ardmore. Developed by Piazza Property Development Company and Radnor Property Group, the $187 million mixed-use venture at 100 Lancaster Avenue marks a significant investment in multifamily housing and retail space in the Philadelphia suburb.
The Piazza at Ardmore will introduce 270 contemporary apartment units, nearly 30,000 square feet of vibrant retail offerings, and a robust parking structure that includes 480 spaces, 108 of which will be allocated for public use. This development builds upon the rich business heritage of the site, owned by Daniel Piazza Esquire and The Piazza Family, and notably transitions their existing Acura dealership into a community-centric space.
The site’s proximity to pivotal transportation hubs—particularly the Ardmore Amtrak/SEPTA Rail station—underscores the project’s intent to spearhead transit-oriented development. This vision aligns with fostering greater density and walkability, further galvanizing Ardmore’s emergence as a desired destination for living and commerce.
David Yeager, CEO & Managing Partner of Radnor, conveyed his enthusiasm: “Radnor is delighted to expand our multi-family portfolio expertise to Ardmore, one of Philadelphia’s finest suburban communities to live and work. Through collaboration with ownership, The Piazza at Ardmore is a tremendous opportunity to carry on the area’s momentum and growth, enhancing its vibrancy and economic prosperity for the future.”
The ambition for The Piazza at Ardmore extends to a comprehensive suite of high-end amenities planned for residents, including a fitness center, outdoor pool, and a selection of communal areas designed for co-working, socializing, and entertainment.
Daniel Piazza Esquire expresses a commitment to the locality and a vision for the project: “The groundbreaking of this project represents an exciting milestone for Piazza and the community of Ardmore. This development has long been in the works, and we’re thrilled to be engaged with Radnor to bring The Piazza at Ardmore to fruition and deliver a truly fantastic live-work-play environment.”
Efforts to interface with stakeholders and harness community input were integral to the development process, ensuring designs cater to local demand for parking, walkability, and community spaces. The project’s alignment with Lower Merion Township and the Ardmore Initiative suggests a conscientious approach to enhancing the town’s fabric.
Alec Hersh, Executive Director of the Ardmore Initiative, also highlights the potential communal impact: “We hope that The Piazza project will bridge the years-long connectivity challenge between Haverford College and downtown Ardmore. The Piazza at Ardmore is another big piece in the puzzle of making Ardmore the Main Street of the Main Line.”
As this project unfolds, one can anticipate that The Piazza at Ardmore will not only reshape the local architecture but also redefine how the community interacts, works, and thrives within its spaces, sustaining the economic and social vitality of the area.