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Every year The Philadelphia Business Journal’s Best Real Estate Deals awards program recognizes the top deal makers and real estate projects in the Greater Philadelphia area. At Thursday night’s awards program, Robert G. Loughery, President of Nehemiah Development Company was named Dealmaker of the Year and Dublin Town Center won First Place as Deal of the Year in the Retail and Hospitality: Retail Development category.
Robert G. Loughery, Dealmaker of the Year - With a vision to redevelop and revitalize cities, towns and neighborhoods, Rob wanted to bring back the “town square” feel to Dublin in Bucks County, something he’s been working to accomplish over the past decade and has finally come to fruition. Nehemiah Development Co. spent $25 million developing Dublin Town Center on Main Street, Dublin. Maintaining and repurposing age-old structures, beloved by the community was part of Loughery’s goal to preserve the history and integrity of Dublin, while bringing new life and new businesses to the area. In total, the Dublin Town Center development has been responsible for $40 million of investment in the borough. Economic vitality is something Loughery is no stranger to, having served as a Bucks County commissioner from 2011 to 2020. During his tenure, Loughery led efforts to reorganize the county’s housing, economic and community development departments, which helped lead to new investment in municipalities and improved access to affordable housing for veterans and individuals with disabilities.
Dublin Town Center, Deal of the Year in the category Retail and Hospitality: Retail Development More than a dozen parcels were assembled to create a 17-acre site upon which the Dublin Town Center has been developed. The Central Bucks County town center, just over six miles from Doylestown, has created a robust mixed-use community that includes 78 Ryan Homes townhomes, a 45,000-square-foot mixed-use building with 30 apartments and 7,000 square feet of retail space, plus several adaptive reuses. Those included are The Square, a former industrial building that’s been converted into offices, retail and dining space, and The Station, a 1930s gas station restored into a brewpub and food hall. Grand View Health also occupies 15,000 square feet of space at the site. The master plan has taken Nehemiah Development about four years to complete and has created a link between Doylestown and Quakertown.
Learn more at www.nehemiahdevco.com and www.dublintc.com .