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, Pennsylvania.
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Local officials helped celebrate J Veridian Upper Dublin during a ribbon-cutting April 14. The new apartment community in the Philadelphia area’s Upper Dublin Township helps to realize the vision for a former office park. Pictured from left are Jocelyn Masino, 12th Senatorial District of Pennsylvania; Jade Utz, Montgomery County Department of Commerce; Harm Scherpbier, Upper Dublin Township Commissioner; Bob Timmins, Jefferson Apartment Group (JAG); Drew Chapman, JAG, Jay Remillard, CP Capital; Justin Sorem, CP Capital; Pete Naccarato, JAG, Amy Chernow, Montco Gateway Chamber of Commerce; Roy Rafter, JAG; and Jude Martin-Cianfano, Montco Gateway Chamber of Commerce.
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.”
Property management is provided by JAG Management Company. Leasing information is available at JVeridianUpperDublin.com.
Financing was provided by United Bank.
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