Office parks · Pennsylvania
435 Devon Park Dr.
Regreening · Reinhabitation, under construction in 2024.
Solid = from the authors' map · outlined = public source · dashed = model-written, not yet reviewed by a person. Tap any value's source label to see where it came from.
Site profile11 elements · what this retrofit is built with · tap a chip for the evidence
Retrofit in the pipeline
This site: …under construction newtypes-extraction · all sites with thisSold since 2020
This site: 2024 Eli Kahn and his partners research-deals · all sites with this30,000+ vehicles a day on an adjacent road
This site: 116,941 on SR 0202 SH fhwa-hpms · all sites with thisCounty lost 10%+ of retail establishments since 2012
This site: -10% census-cbp · all sites with thisCounty typical rent $2,000+
This site: $2,242/mo zillow · all sites with thisInterstate or freeway within 600 m
This site: SR 0202 SH fhwa-hpms · all sites with thisRezoning
This site: …yes (zoning amendment) newtypes-extraction · all sites with thisRegreened
This site: 162 apartments across the existing two-story buildings. Three acres of surface lot to be replaced with new green space. record · all sites with thisReinhabited
This site: 162 apartments across the existing two-story buildings. Three acres of surface lot to be replaced with new green space. record · all sites with thisHousing
This site: 162 apartments across the existing two-story buildings. Three acres of sur newtypes-extraction · all sites with thisPark and open space
This site: …ildings. Three acres of surface lot to be replaced with new green space. Approved by Township officials. newtypes-extraction · all sites with thisNow
| Status | Under constructionnewtypes-extraction |
|---|---|
| Strategy | Regreening · Reinhabitation, under constructionWikipedia |
| New uses | housingWikipedia |
| What is there now | 162 apartments across the existing two-story buildings. Three acres of surface lot to be replaced with new green space.newtypes-extraction |
| Retrofit year | 2024newtypes-extraction |
| Redeveloper | E. Kahn Developmentnewtypes-extraction |
Planning
| Zoning change | yes (zoning amendment)newtypes-extraction |
|---|---|
| Public purchase or subsidy | nonewtypes-extraction |
| Planning notes | Approved by Township officials.Wikipedia |
Deals and debt
| Date | Event | Price | Parties | Source |
|---|---|---|---|---|
| 2024 | Sold | $10.2M closed | Eli Kahn and his partners | propmodo.com |
Site context
| Housing permits, Chester County (PA), 2024 | 315 units in 5+ unit buildings, 27 in 2–4, 1,187 single-family; 2023: 161 in 5+Census BPS |
|---|---|
| Other atlas sites nearby | 2 within 10 km, 8 within 25 km: Parkview at Chesterbrook (3.4 km); Newtown Square Corporate Campus (9.6 km)computed |
| Retail trade in the county, 2012 to 2023 | 1,353 establishments (-10%); 27,318 jobs (-1%)Census CBP |
| Housing market in the county | typical home value $579,006 (+3% 1 yr, +32% 5 yr); typical rent $2,242/mo (+4% 1 yr), 2026-09Zillow Research |
| Traffic on the busiest road within 600 m (2024) | 116,941 vehicles a day on SR 0202 SH (freeway or expressway, 7 lanes); 8,188 trucks; 38 counted segmentsFHWA HPMS |
Summary, model-written
435 Devon Park Dr. (Wayne, PA) is under construction as a housing conversion (162 apartments) of an existing 145,000 sq ft office park. Developer E. Kahn Development purchased the site for $10.2M in 2024. Zoning was amended (approved by township officials). Three acres of surface parking will be replaced with green space.
Why. Project is active (under construction, approved, and sold), aligning with 'reinhabit' strategy. Chester County housing market shows growth (4.6% 2018-23, median rent $1,691). No public subsidy.
Where it stands. Status: under construction (2024 retrofit). Full buildout expected 2027. Verified as 'draft' (not fully confirmed).
For a planner
- Zoning change approved
- Green space replaces parking
- 162 units across two existing buildings
For a developer
- $10.2M purchase price
- 145,000 sq ft GLA
- Peer projects: 6 similar 'reinhabit' conversions in PA/CT (e.g., Exton Square Mall, Lyndon at the Curtis)
What we do not know yet
- Verified status: draft
- No public subsidy
- No details on construction timeline beyond 2027 buildout
Generated by qwen3-30b-a3b-64k:latest on Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b) from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.
Similar sites
- Exton Square Mall, Exton, PA · Malls · same strategy: reinhabit; also in PA; 18 km away
- Barstow Mall, Barstow, CA · Malls · similar GLA (144,600 sq ft); same strategy: reinhabit
- Lyndon at the Curtis, Philadelphia, PA · Office parks · same strategy: reinhabit; also in PA; 25 km away
- Chapel Square Mall, New Haven, CT · Malls · similar GLA (165,000 sq ft); same strategy: reinhabit
Elsewhere on the web
Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar
Multifamily screen
- already in play: under construction, approved, or sold to a developer with housing plans
- county grew 4.6% 2018–23
- median rent $1,691
- housing in the record
Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.
History and original facts
| Gross leasable area | 145,000 sq ftnewtypes-extraction |
|---|---|
| County | Chester County |
| Census division | 2 · Mid-Atlantic |
| Notes | Draft from propmodo.com, model-extracted, unreviewed: An office park in Wayne, PA, is being converted into 162 apartments with new green space. |
Not yet recorded: acres, year opened, original developer. Know it? Tell us.
Timeline
- 2024 Property purchased for $10.2 million
- 2024 Retrofit: regreen, reinhabit
- 2027 Full buildout expected
Sources
- Why Suburban Office-to-Residential Conversions Are Starting to Work
3 quoted sentences
435 Devon Park Dr.
paying $10.2 million for a half-empty eight-building campus in late 2024
full buildout by 2027
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