Horsham, Pennsylvania (December 19, 2014). BET Investments, Inc., a commercial real estate company owned by Bruce E. Toll, is pleased to announce that on December 15, 2014 it broke ground on a long anticipated mixed use project in Dresher, Pennsylvania. The site contains a total of 9 acres, with frontage on Susquehanna Road and Limekiln Pike. The approved plan calls for a CVS drug store, a Chipotle restaurant and additional retail or restaurant space, twenty four (24) rental townhouses and a small office building that incorporates the existing Clime house on the property.
“BET has worked for many years to develop this property with a mix of uses that are complimentary transitional uses to the surrounding properties and conducive with the neighbors,” said Michael P. Markman, President of BET Investments. “We see this well situated Upper Dublin Township location as an excellent opportunity to build our mixed use portfolio in the Philadelphia metropolitan area.”
The project is being financed by First Niagara Bank.