Conshohocken Station

Overview

In 2022, SEPTA acquired 6.5 acres of land along the Schuylkill River at 101 Washington Street in Conshohocken Borough as part of the construction of ADA improvements at the adjacent Conshohocken Regional Rail Station. It was anticipated that the site would be used to construct a 548-parking space garage for SEPTA ridership.

In October 2023, SEPTA released a Request for Information (“RFI”) to determine whether there was sufficient interest from stakeholders to pursue the potential development of a garage with SEPTA customer parking and a private Transit-Oriented Development (“TOD”) at the site. The responses to the RFI indicated that there is interest pursuing the project to include the TOD.

In March 2024, the SEPTA Board authorized staff to prepare and release a Request for Proposals (“RFP”) seeking a development partner for the garage and private TOD at the site. The RFP provides information on the interested firms, key personnel, development schedules, financial resources and other information necessary to identify the correct development partner and negotiate terms.

SEPTA selected Alterra Property Group in March 2025 through a competitive process to construct a mixed-use development that incorporates a SEPTA commuter parking garage, 300 residential units, and a retail component. Alterra Property Group is currently meeting with Conshohocken Borough to discuss necessary land entitlements. This agreement brings a steady source of income to SEPTA from a ground lease, worth $332 Million over its 99-year term, and increased ridership from new residents.