Station Area Description
Ardmore Station Area encompasses 23-acres that extend in a linear fashion along Business Route 30 (Lancaster Avenue). It includes the heart of Ardmore’s Central Business District (CBD), which has numerous mid- and low-rise structures featuring ground-level retail with office and residential uses on the upper levels, typifying a traditional downtown. Key metrics for the area around the Station are as follows:
- Total Acreage - 23.34 acres
- Total Parcels - 128
- Average Parcel Area - 0.18 acres
- Total Assessment Value - $51,036,380
- Average Parcel Value - $398,722
The Station Area also includes several properties previously identified by Lower Merion Township as having special development potential. In June 2007, Lower Merion Township issued a Request for Proposals (RFP) to the development community for the Ardmore Transit Center and Business District Revitalization. The RFP identified key properties surrounding the station with special development potential. The Township owns the identified properties, which are each surface parking lots. The Township-owned lots are identified as follows:
- Cricket Avenue Parking Lot;
- Bernicker Township Employee Parking Lot;
- Ardmore West Parking Lot; and
- Schauffele Plaza.
The Township’s planning process identified distinct uses for each of the properties with special development potential.
One of the most high profile redevelopment opportunities within the Station Area is One Ardmore Place, a mixed-use development being advanced by Philadelphia-based developer Dranoff Properties, which was named master developer in 2008. The site is located one block south of the train station and is currently operated as a 175-space municipal parking lot known as the Cricket Avenue Lot. Dranoff Properties proposed a $56 million mixed-use development that would replace the surface lot with a multi-story structure that includes 121 luxury apartments with 24/7 concierge service, 10,500 square feet of ground-level retail space fronting Cricket Avenue, and structured parking that includes approximately 200 spaces for public use. According to published news reports, the developer plans to break ground by summer 2014.
Ardmore Station - Site Profile*
*Please note that the information provided in the Site Profiles was collected March 2013, therefore station area conditions may have changed over the past year.