A Philadelphia developer's multifamily plans are the latest in a wave of new development projects coming to Norristown.
A Philadelphia developer's multifamily plans are the latest in a wave of new development projects coming to Norristown.Philadelphia-based MM Partners is expanding into Norristown with a seven-story, 116-unit apartment building at the intersection of Main and Dekalb Streets.
The building will include more than 11,000 square feet of retail space and 28 parking spaces. MM Partners estimates that construction costs will come to $28 million, and building is expected to begin by early 2025. “You can’t just expect business to move into a place, you need the people first,” said Thomas Lepera, president of the Norristown Municipal Council. “So we thought density along Main Street would be the best option to bring people and businesses back.”of almost 36,000, according to the Montgomery County Commerce Department, with another 618 units just across the Schuylkill River from the Norristown Transportation Center in the borough of Bridgeport.
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