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:
Banfield Pet Hospital will be holding their grand opening this Saturday, September 11th at The Promenade at Upper Dublin. Banfield Pet Hospital is located on Market Street, Dresher, PA 19025 and will be joining other fine establishments such as:
Fine WIne and Good Spirits will be opening Thursday, January 14th at The Promenade at Upper Dublin. Fine Wine and Good Spirits is located at 204 Concourse Blvd, Dresher, PA 19025 and will be joining other fine retailers such as:
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!
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.
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.
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.