Investors have converted a vacant Class C office building in Great Valley into The Flats On 100, a rare suburban residential project. The developers purchased the 30,000-square-foot building for $1.5 million and invested heavily in renovations to create 32 furnished studio and one-bedroom units.
Marketed as extended-stay “hotel-apartments” for corporate consultants, the building now features amenities like a fitness center, modernized windows, and high-tech convertible furniture. The developers hope this adaptive reuse serves as a model for revitalizing obsolete office inventory in the area.
Read More
