Equus Capital Partners, Ltd., one of the nation’s leading developers and real estate investment managers, and USAA Real Estate celebrated the topping off of Madison West Elm, Conshohocken’s only ultra-luxury residential community. Once complete, the 14-story, 348-unit residential community will boast 360-degree views of Conshohocken and its surroundings from its one-of-a-kind roof top deck.
The ceremony celebrated the completion of the steel structure with site contractors and laborers. Next on the construction docket includes façade, wall panels and windows which are scheduled for delivery and installation in late November. On the building’s interior, the team will be working on mechanical and electrical updates, in addition to interior framing.
Madison West Elm offers residents the highest quality design, sweeping views and top-tier amenities in a highly coveted and walkable location. Spanning 10 acres, Madison West Elm offers unparalleled views of the Schuylkill River, West Conshohocken and Conshohocken.
“We developed Madison West Elm to meet increased demand for a truly luxury residential experience in Conshohocken’s rapidly growing downtown,” said George Haines, Senior Vice President of Acquisitions and Development, Equus Capital Partners. “Conshohocken is in the midst of a renaissance with recent corporate headquarters relocations, an influx of new apartment and townhome opportunities, and a blossoming of restaurant and retail offerings throughout the borough. Construction is on schedule, and we expect strong demand once pre-leasing begins in summer 2023.”
Top tier amenities are the central focus of the community, with thoughtfully curated indoor and outdoor opportunities to relax, entertain, work and recharge. Residents will enjoy a state-of-the-art fitness center, spacious courtyard with outdoor kitchens, a beautiful resort style pool with lap lanes, a 12th-story entertainment lounge, and a one-of-a-kind rooftop deck with 360-degree views of Conshohocken and its surroundings. The luxury apartment community will offer studio, one- and two-bedroom apartments both with and without dens, 9-foot ceilings, luxury finishes, balconies, in-unit washer and dryers, and generous walk-in closets. A standalone, covered, two-story parking garage will also be available for residents.
For those working remotely, Madison West Elm also features in-building flexible office suites, a conference room, and private work rooms for concentration and privacy. From the penthouse views to access to the Schuylkill River Bike Trail, Madison West Elm offers amenities to meet every resident’s needs. In addition, the Madison Living Experience is elevated with a concierge-like management team, with maintenance-free living, package delivery, bike storage, pet grooming services, dry-cleaning services and much more.
“Madison West Elm will add a new wave of residents to the area, supporting further demand for exciting new dining, retail and economic development opportunities,” said Joe Mullen, President of Madison Apartment Group. “First-in-class amenities and services are the crown jewel here and we look forward to seeing our residents within the next year.”
Located at 400 West Elm Street, the residence is walkable to all that downtown Conshohocken has to offer. It offers convenient access to major employment hubs like King of Prussia, Plymouth Meeting, and the “Main Line,” while its connectivity to major Interstates 476 and 76 allows for quick commutes into Philadelphia or out to the Lehigh Valley. It is also a short walk from the Conshohocken train station with stops along the western suburbs, Manayunk, Philadelphia and parts of Delaware County.
Main contractors working on Madison West Elm include JDAVIS Architects, O’Donnell & Naccarato Structural Engineers and McDonald Building Company.
This is the third project by affiliates of Equus and USAA. Other recent projects include AmeriHealth’s new corporate headquarters in Newtown Square, 300 Barr Harbor Road, a trophy office building and 400 Barr Harbor Road, an office development site in West Conshohocken.
About Equus Capital Partners, Ltd.
Equus Capital Partners is one of the nation’s leading developers and real estate investment managers. Equus’ diversified portfolio consists of office, multi-family, industrial, and retail properties located throughout the United States. The firm is headquartered in the Philadelphia area with regional offices in Chicago, Los Angeles, Washington D.C., Atlanta, Arizona, Raleigh-Durham, and South Florida. For additional information, please visit the company’s website at www.equuspartners.com.
About USAA Real Estate
With more than $29 billion in assets under management and 11 global offices, USAA Real Estate is an industry leader in acquiring, developing, financing and managing the highest quality real estate assets in North America and Europe. The mission of USAA Real Estate is to serve the financial interests of its investor clients by strengthening the profitability and diversity of the USAA investment portfolio, which includes multifamily, industrial, office and hotel properties, as well as e-commerce logistics and distribution centers, media production facilities and data centers. Aligned with a series of strategic partnerships cultivated over decades of co-investment, USAA Real Estate engages with preeminent sector leaders demonstrating proven domain expertise in a shared drive to achieve superior, risk-adjusted returns. For more information, visit www.usrealco.com.
