A four-story, 34,000-square-foot office building in downtown Phoenixville along Bridge Street will transform into apartment buildings. The property used to be the headquarters of Customers Bank, which has since relocated to Malvern, writes Paul Schwedelson for the Philadelphia Business Journal.  

The president of the Rockwell Development Group realized it was the perfect location for dwellings due to its proximity to shops and breweries.  

“… We’re excited about taking projects that are a little harder to do and turning them into something special,” said Rockwell president Greg Lingo.  

The building will have 24 apartments, 112 parking spots, as well as 5,400 square feet of commercial space on the bottom. The redevelopment will incorporate a fitness center. Rockwell Development purchased the property for $4.1 million.  

As remote and hybrid work is skyrocketing in popularity, more office buildings are becoming vacant. Not every building might be viable for converting into apartments.  

Read more about the new apartments coming to Phoenixville in the Philadelphia Business Journal.  

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