As we recently reported, Conshohocken’s Borough Council recently agreed to a timeline for Keystone Property Group to seek approval of its SORA West redevelopment plan for lower Fayette Street. This includes a hotel, a parking garage, two larger office buildings to replace two that exist and a public square. The redevelopment area is is between West Elm Street and West First Avenue and bordered by Fayette Street on the east and Robinson Alley on the west.
On the above map, the proposed new zoning area is marked SP-4. The current zoning for the area is BC (borough commercial), which for example, permits building heights of 40 feet. As proposed, the new zoning area would permit buildings up to 200 feet high.
The first step of the approval (or denial) process will at the planning commission level. Based on the timeline, this should take place in April 2016. The Planning Commission is an advisory body for Borough Council. Its decisions are not binding. Once the Planning Commission votes, the petition will go to Borough Council in May or June 2016.
More to come.