King’s College – O’Hara Hall
Owner and developer of a 4-story, mixed-use, new construction project. In partnership with a non-profit 501(c)(3) and King’s College, the development transformed a derelict city block adjacent to campus and implemented one of the city’s priority revitalization projects. The project totals 95,000 square feet with a total budget of $20 Million.
Utilizing Federal New Markets Tax Credits and state subsidies, Radnor was able to defray demolition, environmental remediation and a portion of the construction costs. The project is master-leased to King’s College on a long-term basis and includes 42 apartments housing 165 students, 9,800 square feet of classroom space, 11,700 square feet of childcare space and a 3,600 square foot restaurant. The project was completed in 2009 and sold to King’s College in 2015