Radnor Property Group and the Piazza family are set to begin construction on The Piazza at Ardmore, a $187 million mixed-use development at 100 W. Lancaster Ave. in Lower Merion Township that will include 270 residential units and roughly 30,000 square feet of ground-floor retail. The project, financed with $140 million from Affinius Capital, will include 480 parking spaces — 108 of them for public retail use — and public improvements, such as sidewalk spaces, intersection signalization and a median on Lancaster Avenue. Residential units will comprise mostly one- and two-bedroom apartments, with amenities including a community lounge, coworking space, a fitness center, an outdoor pool and 19,000 square feet of courtyard space. The development replaces an Acura dealership and a former IHOP, and is located near Suburban Square, Ardmore Music Hall and the train station, aligning with Montgomery County’s push for high-density residential development near transit hubs. Construction is slated to start in January 2026 with completion expected by early 2028. The Piazza at Ardmore will complement other recent additions to the Ardmore residential market, including the 131-unit Coulter Place and 110-unit One Ardmore.
Source: Philadelphia Business Journal; 12/29/2025