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Phoenixville Emerges as a Rising Star for Apartment Development in Philadelphia Suburbs

Momentum Builds on Its Downtown Resurgence and Growing Population
CoStar Analytics
November 7, 2023 | 4:29 P.M.

Phoenixville, a quaint borough in Chester County, Pennsylvania, is making waves in the Philadelphia region's apartment construction scene. As of late 2023, this locality boasts the highest concentration of new apartment units under construction for any borough, township or city in the region, except the City of Philadelphia. Phoenixville has four ongoing multifamily projects totaling 908 units under construction.

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