St. David's Square
Regional Market / Submarket: St. David's, PA
Year Built, Renovated: 1992
Gross Leasable Area: 219,095 square feet
Population (5 miles): 173,349
Ave HH Income (5 miles): $120,390
Key Tenants: Bed Bath & Beyond, T.J. Maxx, Home Goods, Micro Center and Giant Foods.
St. David’s Square is a 219,358 square foot Bed Bath & Beyond, T.J. Maxx, Home Goods and Giant Foods anchored vertically oriented community shopping center. Conveniently located just off the I-476 “Blue Route” with primary frontage on Lancaster Pike, St. David’s Square serves the everyday shopping needs of suburban Philadelphia’s affluent Main Line region. The property was originally developed as a B-Altman’s department store, which Olshan Properties subsequently redeveloped into its current form. Olshan Properties is once again redeveloping the property to provide for additional outparcel opportunities and an improved customer experience.
About the Trade Area:
St. David’s Square is located in Radnor Township at the heart of suburban Philadelphia’s affluent Main Line region. The center is just 15 miles Northwest of Philadelphia and a short distance from suburban “ring cities” such as King of Prussia, Conshocken, and Plymouth Meeting. The Main Line has the highest average home values and household incomes in Philadelphia and suburban area. The average household income is $156,240 and the median home price is $432,000 within a 1 mile of the shopping center. Primary employment centers consist of numerous retail and service enterprises located along Lancaster Avenue. Publicly traded energy company Penn Virginia located in the township, while Lincoln Financial Group’s headquarters are directly across the street from the property. The center is also the primary retail hub that serves several area colleges including: Villanova University, Haverford College, Valley Forge Military Academy, Eastern University, Rosemont College and Bryn Mawr College.