Direct Investments
The Airdrie at Paoli Station
The Airdrie at Paoli Station is a 154 unit multifamily community adjacent to the Paoli Train Station on Philadelphia`s Main Line. The 7-acre property formerly held four functionally obsolete office buildings. Stepping in after several other developers failed, Linden Lane worked with the Township and community to transform the run-down site and remake it into a Class A, award-winning community.
Situation
Strategy
The Hannah Callowhill
The Hannah Callowhill is 181-unit multifamily development in a Qualified Opportunity Zone adjacent to Center City Philadelphia. Linden Lane was able to quickly move the project through the City approval process including obtaining several variances in the midst of the COVID pandemic without the typical delays, by designing a quality project and getting the buy-in of the neighbors and Planning Commission. Given the QOZ status, Linden Lane was able to capitalize the project with all equity and deliver significant risk-adjusted returns to our investors.
Situation
Exceptional opportunity to obtain a development site adjacent to Center City Philadelphia
Strategy
Gettysburg Village Festival Center
Gettysburg Village is a green field development of 268,000 SF factory outlet retail shopping center, plus hotel, restaurants and movie theater in central Pennsylvania. Linden Lane principals stepped into a stalled, to-be-developed project by The Boyle Group, replacing an equity partner and adding the necessary resources and direct principal involvement to complete the entitlements, capitalize, lease-up and construct the project.
Situation