
Overview
SEPTA selected Korman Communities, Inc. and Benchmark Real Estate, LLC in February 2026 through a competitive process to construct a mixed-use development at SEPTA’s Ambler Regional Rail Station. The long-term ground lease will enable construction of ground floor commercial, high quality open space and stormwater management, commuter and development parking, and multi-family housing with an affordable component. Korman Communities, Inc. and Benchmark Real Estate, LLC will work with SEPTA and Amber Borough on next steps including agreements and permitting. This partnership brings a steady source of income to SEPTA from a ground lease, worth $236 Million over its 99-year term, and increased ridership from new residents and visitors to charming Ambler.
SEPTA worked closely with Ambler Borough on a Station Area Concept (SAC) which centered on how development of SEPTA’s properties could align Ambler Borough’s and SEPTA’s Transit Oriented Communities (TOC) goals. The SAC illustrated the sites’ possibilities and limitations, as well as the conceptual development strategy and was the basis for SEPTA’s Request for Proposal (RFP) for a joint development partner that was released in June 2025. The RFP sought information on the interested firms, key personnel, development schedules, financial resources, proposed development scenario, community benefits and other information necessary to identify the correct development partner and negotiate terms.
Timeline
- Station Concept Development: 2023-Early 2024
- Developer Solicitation & Selection: Fall 2024-Winter 2025
- Project Refinement: 2026
- Permitting & Construction: TBD
Features
Ambler’s vision for the SEPTA Regional Rail station area encourages the redevelopment of formerly industrial sites into communities where people can live, work and enjoy Ambler’s downtown while maintaining the distinctive character that makes Ambler so attractive. Redeveloping SEPTA’s surface parking lot fills a hole in lively Downtown Ambler. New mixed-use development will strengthen downtown Ambler in multiple ways. The Korman Communities, Inc. and Benchmark Real Estate, LLC proposal closely reflected the goals set forth by SEPTA and the community in the Ambler Station SAC:
- Multifamily housing with an affordable component
- Ground floor commercial expanding Ambler’s downtown to the station
- Stormwater management and new public open space
- Shared parking for commuters, residents and businesses
- Improved circulation
- Reserved space for SEPTA maintenance, operations and commuter parking
- Architecture that reflects Ambler’s community character (architect is Hord Coplan Macht)
Past Events
March 5, 2024, 7 pm
Ambler Borough Planning and Finance Committee
Borough of Ambler Municipal Complex
131 Rosemary Ave
Ambler, PA 19002
Meeting Agenda & Montgomery County Planning Commission Memo
January 30, 2024, 6:30 pm
Ambler Station Area Concept Open House
Borough of Ambler Municipal Complex
131 Rosemary Ave
Ambler, PA 19002
Open House Boards
Open House Summary
Building a Lifestyle Transit Network
As part of our 12-year capital investment program, we’re making stations accessible, acquiring new vehicles, investing in communications and upgrading services for our buses, Metro and rail to deliver on our vision of easy to use, frequent and integrated transit.
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