Affiliates of Harbor Group International have purchased Royal Athena, a class A, 275-unit waterfront multifamily community in the greater Philadelphia area for $59.5 million.
Royal Athena is located in the newly rebranded Pencoyd Landing, home to a new $30 million, 11-acre redevelopment project that will soon become equipped with a public plaza, café, restaurant with terrace and access to trails and bike paths.
The private Pencoyd Bridge offers residents convenient access to Manayunk downtown. The district consists of 275 businesses, including shops, galleries, boutiques, bars and restaurants, making it a premiere destination for young professionals, families and empty nesters.
Located 15 minutes from Philadelphia’s City Center neighborhood, Royal Athena offers an urban feel combined with an exclusive suburban residential setting. Its close City Center proximity also allows for easy access to the region’s top employers, universities and nightlife attraction
