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Mill Creek
 Gladwyne, PA
Situated on 2.6 densely wooded, secluded acres in Gladwyne, PA, along Philadelphia's historic Main Line, Mill Creek is a historically significant property that sits on the banks of Mill Creek-one of the last remaining freestone streams in Montgomery County, PA. With a median household income on par with such desirable locations as Greenwich, CT and Bethesda, MD, Gladwyne is located in Lower Merion Township, which has long been considered a premier address. With 41.68% of its market area having household incomes of more than $100,000 a year, Lower Merion is one of the wealthiest locations in the country. The majority of the $1 million residential sales that occur in Montgomery County, PA, transpire in Lower Merion Township, and the median household income for Gladwyne, PA is $158,575. This compares to a median household income of $60,248 for Boca Raton, FL and $83,151 for Grosse Pointe, MI.
The site of former grist and munitions mills, the Mill Creek property currently consists of three buildings, the oldest of which dates to 1851. Mill Creek is immediately adjacent to Rolling Hills Park, a leafy 108-acre community park that includes walking, hiking and equestrian trails.
The site is extremely private, concealed by mature specimen trees, offering an idyllic creek-front setting. When complete, Mill Creek will only be accessible by its own private bridge and driveway. Plans call for development of 21 ultra-luxury condominiums with one, two and three bedroom residences targeting successful executives who want to live a short commuting distance from several office employment nodes, including Conshohocken, Bala Cynwyd, Radnor and other points along the Main Line. Employment in these markets is diverse and balanced, with a total of 7.5 million sq. ft. of workspace within 258 buildings. In addition, Mill Creek is located only minutes from the employments hubs of King of Prussia and Center City, Philadelphia. Some 80 million sq. ft. of office space is within a 15-minute drive of the property.
Mill Creek also offers exceptional access to Main Line cultural, social and educational activities. The Barnes Foundation, owner of one the greatest private art collections in the world, with 181 Renoirs, 69 Cezannes, and 60 Matisses, is situated 5 minutes from Mill Creek. The area boasts a number of world-class country clubs, including Philadelphia Cricket Club, Philadelphia Country Club, Huntington Valley Country Club, Manufacturers' Golf & Country Club, Gulph Mills Golf Club, Sunnybrook Country Club, Green Valley Country Club, White Marsh Country Club, Overbrook Country Club, Aronimink Golf Club, and Merion Golf Club. Many colleges and universities also call the area home, including Villanova University, St. Joseph's University, Bryn Mawr College and Haverford College.
Mill Creek is close to some of the world's top private and preparatory secondary schools, including The Baldwin School, The Haverford School, Friends Central School, Episcopal Academy and The Shipley School. In addition, Lower Merion's public high schools-Lower Merion High School and Harriton High School-rank first in Pennsylvania for SAT and PSAT scores, AP participation, total number of National Merit Scholarship Semi-finalists and total number of International Baccalaureate diplomas granted. Plus, district schools consistently appear in Newsweek's and The Wall Street Journal's top schools lists, with 92% of high school graduates attending college.
Mill Creek is just a 20-minute drive to Center City, Philadelphia, via the Gladwyne exit of the Schuylkill Expressway (I-76), a major thoroughfare into the City of Philadelphia and its western suburbs. To the west, the Schuylkill Expressway connects to the Blue Route (I-476) at Conshohocken, an office submarket consisting of four million sq. ft. with notable companies such as: The John Templeton Foundation, Morgan Stanley, Keystone Foods, American Express, Fidelity Investments and Bank of America. Fifteen miles further west, the Schuylkill Expressway (I-76) ends at the Pennsylvania Turnpike (I-276) in King of Prussia, home to the country's second largest mall, offering such world-class retailers as Neiman Marcus, Nordstrom, Lord & Taylor, Hugo Boss, Cartier, Louis Vuitton, Tiffany & Co. and others.
Mill Creek's construction will be in character with the property's historic use and pristine environment. Three stucco-over-stone buildings with covered, private parking will be built in a trellised-effect to provide residents with quiet, contemplative views of the wood-lined banks of Mill Creek. The highest building will be accented with a tower condominium offering a panoramic view of the property.
Mill Creek is located only 5 minutes from the Village of Gladwyne, itself a historically important Pennsylvania town, first settled by Welsh Quakers in 1682 and followed by the German and English, who built their mills along Mill Creek. With the building of the Pennsylvania Railroad in the 1830s, known as the "Main Line," the region grew in wealth and influence, and while Villanova and Bryn Mawr benefited from the proximity of the railroad, Gladwyne maintained a gentle, country flavor. Mill Creek will extend that tradition, offering discriminating buyers the ultimate in gentrified carefree, luxury living in one of the last remaining wooded enclaves along the affluent Main Line of Philadelphia.
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