FORT WASHINGTON, PA — Jefferson Apartment Group (JAG) and equity partner CP Capital have announced the recent delivery of J Veridian at Upper Dublin, a 310-unit luxury rental community situated on 14 acres in Fort Washington, Pennsylvania. The property, located at 1125 Virginia Drive, is a flagship development for the region, offering an array of high-end amenities and strategic access to nearby employment hubs and retail destinations.
The community features three five-story buildings surrounded by eight acres of open space, with a pedestrian promenade connecting the buildings to adjacent walking and biking trails. J Veridian’s indoor amenities span 12,000 square feet and include a grand clubroom with a bar, game area, fitness center, movie theater, co-working spaces with soundproof pods, and a private dining room. Outdoor offerings are equally extensive, including a resort-style pool, grilling stations, pickleball courts, a dog park, and community garden plots.
“J Veridian at Upper Dublin pulls out all the stops for resident life and is a wonderful addition to a sought-after suburb of Philadelphia,” said Drew Chapman, Senior Vice President and Development Partner at JAG. “Our partners at CP Capital recognized the strength of this development opportunity, and we’re excited to deliver on the vision for this fully-amenitized community with them.”
Unit options range from one- to three-bedroom floorplans and are designed with luxury finishes such as quartz countertops, stainless steel appliances, and plank flooring throughout. Parking amenities include surface spaces, private garages, and EV charging stations.
The community’s prime location provides direct access to the Pennsylvania Turnpike and proximity to major employment centers. Residents are a short drive from destinations such as King of Prussia, Center City Philadelphia, and New York City. Additionally, retail options nearby include CVS, Sprouts Farmers Market, LA Fitness, and popular dining establishments like Starbucks and Chick-fil-A.
“JAG is a proven leader in East Coast multifamily, and we are happy to have forged a new partnership with them for J Veridian at Upper Dublin,” said Jay Remillard, Co-Head at CP Capital. “It’s a standout development in a prime location with a formula for success – easy access to Philadelphia, exceptional schools, major employers, and abundant lifestyle and recreation offerings.”
This marks JAG’s second significant delivery in the Philadelphia region in the past year, following the completion of Rivermark at Northern Liberties in the summer of 2024, which brought 470 luxury units and significant retail space to the Delaware River waterfront. JAG has previously developed four other properties in the area, with a fifth community currently under construction in Burlington, New Jersey.
The final delivery of J Veridian at Upper Dublin is expected this spring, solidifying its position as a premier residential destination in the Philadelphia suburbs. Financing for the project was provided by United Bank.
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