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Old Chester, PA: Rivertown

Rivertown; Photo courtesy of TinaMarie Little

Photo above courtesy of TinaMarie Little

Below, two pictures of the progress at Rivertown as of August 2004

Rivertown; Photo  August 2004, John A. Bullock III.
Photo August 2004, John A. Bullock III.

Rivertown: Photo  August 2004, John A. Bullock III.
Photo August 2004, John A. Bullock III.


While more than a park, I have linked Rivertown through Parks & Recreation because of the nature of this project and the planned recreation facilities.
Park History: On October 11, 2000, Preferred Real Estate Investments, Inc. (PREI) of Conshohocken, NJ announced plans to develop the former Philadelphia Electric Company (PECO) property into Rivertown.

The main building will house 400,000 square feet of Class A office space and Rivertown will also include a new office building, sports arena, live-entertainment venue, a collegiate sailing center, two marinas, restaurants, retail shops, and eventually a hotel.  500 to 600 housing units would also be built on 40 acres along 291.

PREI is the same developer that redeveloped and opened Baldwin Towers on the old Baldwin Locomotive site in 1995.

The full story on this announcement from the Daily Time can be found at:

http://www.zwire.com/site/news.cfm?newsid=958548&BRD=1675&PAG=461&dept_id=18171&rfi=8


5/17/2001:

Synygy, Inc. of Conshohocken, a developer of incentive-compensation software, has announced plans to relocate to The Wharf at Rivertown, the former Philadelphia Electric Company building.

See Erik Schwartz's story in the Delaware County Daily Times:
http://www.zwire.com/site/news.cfm?newsid=1824271&BRD=1675&PAG=461&dept_id=18177&rfi=8

 

 

 

If you have any information and or pictures that you would like to contribute about Rivertown, please forward it to john@oldchesterpa.com


2001 John A. Bullock III.

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This page last updated 10/18/05