Suburban Square in the Lower Merion section of Ardmore has its first apartment community with the opening of Coulter Place, a five-story, mixed-use development featuring 131 one- to three-bedroom units and 20,000 square feet of ground-floor retail. The complex offers amenities, such as a fitness center, a pool, coworking spaces and EV charging in garage parking, and has already attracted new retailers, including New Balance and Rhone. Coulter Place is part of a broader trend of residential growth near Lancaster Avenue, joining projects like One Ardmore and the upcoming Piazza development, which together will add hundreds of apartments and additional retail. Situated within walking distance of Trader Joe’s, the Ardmore Farmers Market and SEPTA/Amtrak, the development aims to enhance Suburban Square as a walkable, mixed-use destination while offering units ranging from $3,030 to $7,035 per month.
Source: Philadelphia Inquirer; 1/15/2026