Retail company Urban Outfitters has leased the former site of the Waterloo Gardens in Devon, Pennsylvania and is building a town center that will contain an upscale Terrain garden center, an Anthropologie store, mid-level and fine dining restaurants, complementary shops, high-end amenities, and even a boutique hotel.
The development, titled Devon Yard, will help the company expand their brick-and-mortar retail experience into the ultimate lifestyle experience.
Aside from having their in-house brands in the complex, the company is planning to sublease two buildings to a mid-level restaurant, a fine dining restaurant, a wellness facility, exercise studio, and a specialty foods store.
Urban will partner with a still unnamed boutique hotel operator to open The Devon Inn, which will be five stories high in the main wing and three levels high in the adjoining wings. The hotel will include 93 guest rooms, an event space, and maybe a wine boutique, and a luxury spa.
The complex will have a multi-level parking garage and the company is also partnering with the Devon Horse Show to improve the Horse Show’s parking lot and make other improvements in the area.
The plans for the project were presented to the Easttown Township Planning Commission early this month. According to a report on Main Line Times, the project is still in its early stages and if all goes as planned, construction is estimated to finish by 2016.