The Philadelphia Business Journal reported today that developer Brian O’Neill’s company, MLP Ventures, has put the Philadelphia Inquirer’s printing plan under an agreement of sale. The plant is located along the river on the West Conshohocken side of the Schuylkill River. The plant is physically in Upper Merion and has a Conshohocken address.
From the Philadelphia Business Journal:
MLP Ventures, a Radnor real estate company run by J. Brian O’Neill, has put the Philadelphia Inquirer’s printing plant on River Road in Upper Merion under agreement for an undisclosed price, according to multiple sources.
The property totals 674,000 square feet on 45 acres and would be used for the life sciences industry and compliment the work O’Neill is doing not far away off Swedeland Road, according to people familiar with the matter. There, the real estate company is redeveloping former GlaxoSmithKline space into a 1.6-million-square-foot campus called Discovery Labs that caters to health care, life sciences and pharmaceutical companies.
O’Neill redeveloped a significant portion of Conshohocken. He redeveloped the former Lee Tire property along East Hector and North Lane into the Spring Mill Corporate Center. On the riverfront, He built Millennium I, II, and III, and the Riverwalk and Londonbury apartment communities.
Read the full article here.