Conshohocken-based JP Orleans is developing a 119-unit residential community on 18 acres off Mancill Mill Road and along the Schuylkill River in King of Prussia, Upper Merion Township. Called River Trail at Valley Forge, the community will have a mix of two-story carriage homes and three-story townhouses. The project is nestled between the sprawling retail and office district surrounding the King of Prussia Mall and the Schuylkill River, providing a short trail walk to Valley Forge National Historical Park. Groundwork has begun, and the homes are projected to be completed in about five months. CEO Jeffrey Orleans expects the average sale price across the community to be around $800,000, with the company anticipating more than $100 million in sales from the River Trail at Valley Forge.
Source: Philadelphia Business Journal; 9/16/2024