Land Acquisition
Reimagining, revitalizing, and reenergizing neighborhoods and towns is our passion.
Westrum Development Company has the experience, resources, and willingness to quickly evaluate and close on distressed, underutilized, and obsolete commercial properties as well as raw land. Please click below to check out our SITE CRITERIA.
Contact Brian McKenzie bmckenzie@westrum.com to submit a site.
Our partnerships with local organizations, institutions, and governing bodies enable us to deliver responsible developments that are welcomed additions to existing communities.
We’ve successfully rezoned nearly 7500 units to our use. Click on the map to see where in the mid atlantic region.
“... From beginning to end, your team has been nothing but professional and responsive to any questions and concerns that were raised. We’re proud to have you guys in the Borough and hope we can continue our great partnership...”
John J. Ernst, AIA, CBO – Manager, Lansdale Borough (2022)
Our goal is simple. Bring affordable, residential uses including multifamily, senior living, and townhomes to strategic locations while causing minimum negative impacts and maximum economic benefits. Here are examples of our transformations …
LUXOR Bala
9 Presidential BLVD, Bala Cynwyd, PA
BEFORE
- Nearly three-acre site
- Vacant office building
- Steep Slopes
AFTER
- Rezoned to Multifamily use : 173 studios, 1 & 2-bedroom units
- 1st floor retail
- 2 story under-building parking facility
Crescent Fields at Huntingdon Valley
2507 Philmont Avenue, Huntingdon Valley, PA
BEFORE
- Nearly 10-acre site
- Vacant warehouse
- Onsite stream and floodway
AFTER
- Rezoned to multifamily senior use: 196 Independent Living, Personal Care, and Memory Care units
- Under building parking
- Relocated stream
Luxor Phoenixville
723 Wheatland Street, Phoenixville, PA
BEFORE
- A four-acre parcel
- Abandoned warehouse
- Contaminated soil
AFTER
- Rezoned to Multifamily use : 173 studios, 1 & 2-bedroom units
- Remediated soil
- Under Building parking
Capital Partners
Westrum Development Company has well-established relationships with numerous private and institutional partners and lenders. Since 1987, our investment partners have invested over $1.25 billion in equity with us. Our first priority is to preserve the equity and debt capital entrusted to us, and ultimately to deliver reliable cash flow and above average risk-adjusted total returns to our partners.
Units Rezoned to Our Use
Designed and Developed Communities
Municipal Partnerships
“With nearly a dozen Westrum properties in our portfolio to date, our longstanding partnership is based on trust, respect, and a mutual alignment of our financial goals. “
Capital Solutions
