News

Bancroft Construction Finds a New Budget Path Forward for a Transformative Mixed-Use Project

September 26, 2024 1:59 pm

CASE STUDY FROM JOIN
Press Contacts: Jill Lonegran jill@join.build

Bancroft Construction recently secured the DeMutis Group’s Steelworks project, a five-acre multifamily/mixed-use development located in Phoenixville, PA. Winning this project was a significant achievement, given the challenging task of adhering to a strict budget. The project encompasses 600,000 square feet, featuring 375 market-rate apartments that include a mix of studio, one-bedroom, two-bedroom, and three-bedroom units. Additionally, the structure will comprise a 250,000-square-foot, two-level podium with 45,000 square feet of retail space, parking for 610 vehicles, and a public piazza. Through close collaboration with DeMutis Group and the owner’s representative, Innova Services, Bancroft successfully delivered innovative budget solutions, ensuring an exceptional outcome for the Phoenixville community while meeting the financial requirements of the project stakeholders. For more information on how Bancroft built trust, promoted transparency, and offered viable budget options, please visit here.