Source: Jefferson Apartment Group
(The following press release was published verbatim by the Jefferson Apartment Group).
Local officials joined prominent East Coast developer Jefferson Apartment Group (JAG) and equity partner CP Capital to celebrate J Veridian Upper Dublin, an amenity-rich, 310-unit Class A community in Fort Washington.
Located at 1125 Virginia Drive, the site of a former office park, the community comprises three 5-story buildings and 8 acres of walkable open space with a 1.4-mile trail connecting to the Cross County Trail.
Upper Dublin Township has worked to revitalize and reimagine the office park as a mixed-use hub with commercial, residential, and recreational offerings.
“And up until today, the residential was missing,” Upper Dublin Township Commissioner Harm Scherpbier said during the April 14 ribbon-cutting. “I believe that more residential buildings help create the atmosphere people are looking for in this area, so thank you Jefferson Apartment Group for bringing J Veridian to our township.”
The community’s outdoor amenities include two pickleball courts, a dog park, community garden plots, and a private resort-style courtyard featuring a swimming pool, grilling stations, fire pits, hammocks, pocket parks, and lounge areas.
Robust indoor amenities also enhance a resort lifestyle at J Veridian. Residents enjoy a grand clubroom with entertainment kitchen and double-sided fireplace, game area with billiards, shuffleboard, and arcade gaming, a theater with surround sound, leading-edge fitness center, a co-working area with office pods, and more.
“Jefferson Apartment Group is proud to create communities that elevate apartment living for residents and increase much-needed housing supply,” said Drew Chapman, JAG Senior Vice President and Development Partner. “Our partners at CP Capital shared our vision for J Veridian Upper Dublin and recognized the high-impact potential of this development. We are pleased to have forged this new relationship with them and are hopeful to continue investing together.”
Units at J Veridian include 1- to 3-bedroom floor plans. Every apartment reflects JAG’s luxury standard, including top-line quartz countertops, stainless steel appliances, tile backsplashes, and sleek plank flooring in the living areas.
“Multifamily remains a necessity-driven asset class, where demand for high-quality, accessible housing endures,” said Jay Remillard, Executive Managing Director at CP Capital. “We are excited to meet this demand in the Philadelphia region with a project and partner that exemplifies market-leading multifamily that aligns with our long-term investment strategy of capitalizing on market cycles and strong supply-demand fundamentals.”
