Canvas Valley Forge
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Canvas Valley Forge

King of Prussia, PA

One of the largest institutional private equity investment firms

Development Oversight

Our Role

RPL served as development advisor for private equity investment firm during pre-venture diligence through completion of construction.

Unique Approach

  • Tight site constrained by highways and construction of nearby town center
  • Shared podium parking garage under several outdoor courtyards
  • Hospitality-caliber interior amenity spaces

Outcomes

  • Helped overcome labor challenges
  • Mitigated change orders

Scope of Work

New construction for a luxury over-55, active-adult community in Valley Forge, Pennsylvania. Project includes extensive common areas and amenities to include a grab-and-go market, hobby areas, chef’s kitchen and private dining area, landscaped courtyards, dog spa and dog walk, pool and fitness areas.

Project Summary

  • Client: One of the largest institutional private equity investment firms
  • Location: King of Prussia, PA
  • Size: 231 units, 235,000 SF
  • Timeline: 2016 to 2018
  • Services: Development Oversight
  • Cost: $73 million