Promenade at Granite Run Recognized as Best in Real Estate by Philadelphia Business Journal

Promenade at Granite Run Recognized as Best in Real Estate by Philadelphia Business Journal

BET Investments is proud to announce that the Promenade at Granite Run was recognized by the Philadelphia Business Journal as the Best Real Estate Deal of 2019! Not only that, but our very own, Michael Markman was recognized as Best Dealmaker of the Year!

Best Real Estate Deals of the Year: Multifamily winners

Promenade at Granite Run, a new, mixed-use community on 86 acres in Media.

BET INVESTMENTS

By Natalie Kostelni – Reporter, Philadelphia Business Journal

Mar 12, 2020

Best Multifamily | First Place | Promenade at Granite Run

BET Investments has redeveloped the former Granite Run Mall into Promenade at Granite Run, a new, mixed-use community on 86 acres in Media. The project involved razing a portion of what was considered a dead mall, repositioning 840,000 square feet of retail space and building a new 192-unit, 253,361-square-foot apartment complex called 50 at Granite Run, which has 12,000 square feet of amenity space. The development also has a 330-space parking garage.

Developer: BET Investments

Bank/Financing: Capital One

Architect: Martin Architectural Group

Engineer: T&M Associates

Interior Designer: Design Works

Law Firm: Riley, Riper & Collagreco

Read the full article at Philadelphia Business Journal here.

President of BET Investments, Michael Markman Recognized as Dealmaker of the Year by Philadelphia Business Journal

President of BET Investments, Michael Markman Recognized as Dealmaker of the Year by Philadelphia Business Journal

Dealmaker of the Year: Michael Markman, president, BET Investments Inc.

Michael Markman of BET Investments.

Jeff fusco for philadelphia business journal

By Natalie Kostelni  – Reporter, Philadelphia Business Journal

Mar 12, 2020

In partnership with Bruce E. Toll, Michael Markman formed BET Investments Inc. in 1998. In that time and under Markman’s leadership, BET has grown to own 4,000 apartments and seven million square feet of retail and office space over 70 properties in a portfolio that is valued at $1.5 billion. It employs 200 people.

The diversified real estate company has embraced taking on large, complex projects that are leaving a mark on the region and setting a new standard for mixed-use development. For example, BET is developing the Promenade at Upper Dublin, which will have 402 apartments and 140,000 square feet of retail space and has helped spur additional investment and development in the Horsham area.

BET bought and redeveloped the Granite Run Mall, which was considered a dead retail property, into the Promenade at Granite Run that at buildout will have 400 apartments, of which 192 have been constructed, and 840,000 square feet of retail space. The project serves as a blueprint for other developers who have dying malls and want to revive them.

In Media, BET built a new apartment complex on a property that had been an old car dealership and transformed it into West End Flats with 162 apartments that quickly leased up and helped redefine a part of the Delaware County community. In Abington, the company is redeveloping a former YMCA into space for Children’s Hospital of Philadelphia.

When not working on a new development, Markman has held several volunteer positions. He served two years as the chairman of Jewish Federation Real Estate Executive Committee and is on the board of Ursinus College, where he directs its real estate planning. He also served as an Abington Township Commissioner and member of its planning commission. Markman is currently a member of the Upper Dublin Municipal Authority for the Fort Washington Office Park.

Read the full article Philadelphia Business Journal here.

Warby Parker Grand Opening at The Promenade at Upper Dublin

Warby Parker Grand Opening at The Promenade at Upper Dublin

This Saturday, Sept 16th. Swing by for glasses, sunglasses, contacts, and accessories. Plus, to celebrate opening
weekend, they’re giving out a free, custom tote bag with any eyewear purchase (while supplies last).

Location: The Promenade at Upper Dublin

209 Dryden Rd.

Dresher, PA 19025

Smashburger, now open at The Promenade at Upper Dublin

Smashburger, now open at The Promenade at Upper Dublin

Smashburger is now open at The Promenade at Upper Dublin.

Smashburger is located at 2023 Welsh Rd. Dresher, PA 19025 and will be joining other fine establishments such as:

Starbucks

Sprouts

lululemon

Clean Juice

Fine Wine & Good Spirits

and much more.

Waxing the City, now open at The Promenade at Upper Dublin

Waxing the City, now open at The Promenade at Upper Dublin

Waxing the City is now open at The Promenade at Upper Dublin. Waxing the City is located on Market Street, Dresher, PA 19025 and will be joining other fine establishments such as:

  • Starbucks
  • Sprouts
  • lululemon
  • Clean Juice
  • Fine Wine & Good Spirits

and much more.

Starbucks at The Promenade at Upper Dublin is Hiring!

Starbucks at The Promenade at Upper Dublin is Hiring!

The Starbucks located at The Promenade at Upper Dublin has hiring opportunities. Please check out their flyers below. If you are not currently seeking employment feel free to share around to those who are!

Welcome to The Promenade!

Starbucks Grand Opening, Friday at The Promenade at Upper Dublin

Starbucks Grand Opening, Friday at The Promenade at Upper Dublin

Starbucks will be opening this Friday, October 1st at The Promenade at Upper Dublin. Starbucks is located on Market Street, Dresher, PA 19025 and will be joining other fine establishments such as:

  • Sprouts
  • lululemon
  • Clean Juice
  • Fine Wine & Good Spirits

and more.

Promenade at Granite Run Recognized as Breakout Retail Center

Promenade at Granite Run Recognized as Breakout Retail Center

We are very happy to see the Promenade at Granite Run being recognized as a Chain Store Age Breakout Retail Center! Chain Store Age will be highlighting the Promenade at Granite Run and 7 other retail centers in the magazine’s March-April Edition.

Check out more info here!

Bruce Toll Recognized as Industry Icon by the Philadelphia Inquirer

Bruce Toll Recognized as Industry Icon by the Philadelphia Inquirer

BET Investments Chairman, Bruce Toll was recognized this week by the Philadelphia Inquirer as a 2019 Industry Icon.

The Philadelphia Inquirer’s Business Hall of Fame recognizes local business leaders whose contributions truly make a difference in the Philadelphia area.

Read Bruce’s article here.

BET Brings Home 12 Awards at PAA East’s 2019 Best of Living Awards

BET Brings Home 12 Awards at PAA East’s 2019 Best of Living Awards

We are proud to announce that BET took home 12 awards at the PAA East Best of Living Awards Gala last Thursday!

Congratulations and thank you to all of our teams who work hard every day to build better lifestyles!

Dreshertowne – Platinum, Leasing and Marketing Excellence & Platinum, Overall Community Excellence

Dublin Terrace – Silver, Leasing and Marketing Excellence

Charleston Greene – Platinum, Overall Community Excellence

Huntingdon Woods – Platinum, Overall Community Excellence

Lincoln Woods – Platinum, Maintenance & Gold-Leasing & Marketing Excellence

Newtown Place – Silver, Overall Community Excellence

West Chester – Gold, Maintenance

West End Flats – Gold, Maintenance

Wynmere Chase – Platinum, Leasing & Marketing Excellence & Silver, Overall Community Excellence

Learn more about PAA East’s Best of Living Awards at Paa-East.com

2019 TOBY Awards-Montgomery Corporate Center

2019 TOBY Awards-Montgomery Corporate Center

We are very pleased to announce that our corporate office, the Montgomery Corporate Center has been awarded a TOBY in the 100,000-249,000 SF category! It’s a great honor to be a part of, and winner of The Outstanding Building of the Year awards. We are humbled and proud of our team at BET!

Learn more about the BOMA TOBY Awards at bomaphila.com.

Building It Better Together: The state of our job market is strong

Building It Better Together: The state of our job market is strong

The Southeast Pennsylvania Workforce Planning Region predicts the biggest buildup of suburban jobs will be in construction: a 16.2% increase within the next 5 years. You can already see it taking shape at enormous work sites such as the project at PA-63 and Dreshertown Road in Upper Dublin, where several cranes and a buzz of activity fill the air.

Read the full story here

View the video:

 

Credit:Story by 6 abc