News

SEPTA pauses $48M park and ride project in Conshohocken

Published Thursday, July 20, 2023 7:00 am

SEPTA board members recently tabled a proposal for a new $48 million parking garage complex with more than 500 parking spaces in downtown Conshohocken. The project was supposed to replace a surface parking lot with roughly 100 spaces that regularly runs out of room for commuters. The money is still earmarked in the budget, but negative comments from the public caused board members to hit the brakes on the plan. SEPTA is considering alternatives to a new parking garage, such as building a new surface parking lot, leasing extra parking spaces nearby or even partnering with a developer for a new residential project with attached parking. Conshohocken Borough officials say they were blindsided by the move. Colleen Leonard, president of borough council, said that businesses and real estate developers invested in the region were banking on the project moving forward. “The entire AmerisourceBergen Unified Development Project was approved based on a TOD — transit-oriented development plan,” she said. “Hundreds of millions of dollars were spent based around a new SEPTA station and garage.” Read more here.
Source: WHYY; 7/12/2023