Ingerman Nears Completion on Collings Second Phase
- Jun 17, 2014
Collingswood, N.J.—The second and final phase of The Collings at The LumberYard, an apartment development in metro Philadelphia, has topped off. Ingerman is developing the phase, known as The Collings North, which will include 70 apartments along with office and retail components.
The existing Collings South, the property’s fully leased first phase, comprises 34 units featuring a mix of one-, two- and three-bedrooms, including seven townhomes with private entrances. Upon completion, The Collings North will feature one- and two-bedroom units from 800 square feet to almost 1,300 square feet. Leasing at The Collings North is scheduled to begin in August.
The Collings at The LumberYard counts as a TOD. “The features are somewhat akin to our slogan, which is ‘urban but suburban,’ something we believe is the best of both worlds,” Ingerman president and CEO Brad Ingerman tells MHN. He says that when the second phase broke ground last summer, residents could access Philadelphia in 15 minutes with a stop two blocks from the property’s door. (Collingswood is about five miles east of Philadelphia.) “At the same time, it offers a downtown orientation of a suburban feel with restaurants, retail and lots of other community things,” he says.
Second-phase common amenities include an outdoor courtyard with grill, covered parking, common-area Wi-Fi, community room, and fitness center. The residences will be pet-friendly, and feature kitchens with quartz countertops, plus full-sized washers and dryers and Energy Star appliances.
The Collings is located along Haddon Ave., which was named one of the “Top 10 Great Streets in America” in 2009 by the American Planning Association, which described it as a “tree-lined avenue with its historic buildings, wide sidewalks, town clock, period lamp posts, flower baskets, and pole banners [that] capture the look and feel of late 19th- and early 20th-century small town America.” In addition to the residential units, The Collings North will also feature Ingerman’s new corporate headquarters.