Berks County · Exeter Township · #21-4308a
3925 Perkiomen Avenue
Northern side of Perkiomen Avenue (S.R.2021) at the intersection with E. Neversink Road (S.R.2039)., Exeter Township, PA · 232 homes, apartments · 17.1 acres
About this project
Final subdivision for eight three-story apartment buildings with 232 units, plus garages, storage buildings, a clubhouse, pool and sports court on about 17 acres in Exeter Township.
Official description: 8 - 3-story apartment buildings (5 bldgs w/36units, 1 bldg w/20units, 2 bldgs w/16units), 10- 5 garage units & 5storage unit bldgs, clubhouse & pool, dog park, sports court & associated improvements
- Applicant
- Metropolitan 11, LLC
- Owner
- Redevelopment Authority of the County of Berks
- Developer
- Metropolitan 11, LLC
- Engineer / designer
- C2C Design Group; Elliot Leomporra
- Plan type
- Final Subdivision
- Land use
- Apartments
- Water
- Public
- Sewer
- Public
- Status
- Reviewed
Filing history
- 2026-06-24 · #21-4308a · Final Subdivision · 232 lots/units
The full picture AI research
Metropolitan Development Group proposes eight three-story apartment buildings with 232 one- and two-bedroom units on about 17 acres. The site is the former Promenade shopping center property on the north side of Perkiomen Avenue at East Neversink Road in Exeter Township. County records describe it as a final subdivision. The plan also includes garages, storage buildings, a clubhouse, a pool and a sports court.
News coverage from early 2026 said the Berks County Redevelopment Authority had wanted mixed-use development for the site. Retail developers showed little interest, so the authority sought residential proposals. The developer projected rents from the high $1,700s to the low $2,000s a month. It estimated about 14 school-aged children and roughly $366,000 a year in net tax revenue for the township. Earlier sketches showed nine buildings. The county filing now lists eight.
What it could mean nearby
- Two entrances were proposed: one at the traffic signal at East Neversink Road and one at the existing community entrance. The developer argued apartments would generate less traffic than retail.
- Planners wanted a connection toward 40th Street. The developer said the steep slope makes that difficult, and supervisors generally treated it as low priority.
- The developer described a significant buffer next to the existing neighboring homes.
- Water service was reported as confirmed by the water utility. Sewer capacity still needed to be confirmed and sewer conveyance issues addressed before construction.
Where it stands
The project has reached a final subdivision filing with the county (latest filing June 24, 2026), following informal presentations to township planners and supervisors in early 2026. Final plan review by the township and other agencies, such as PennDOT, usually comes before any approval and permits. No approval was found online.
- Jun 24, 2026 Latest county planning filing for the final subdivision
- Feb 24, 2026 News report on developer's presentation to township supervisors
- Jan 20, 2026 News report on informal sketch plan shown to the planning commission
Want to weigh in? The Exeter Township planning commission and board of supervisors review and decide on the plans at public meetings, where residents can comment; agendas are posted on the township website.
Who's behind it
Metropolitan Development Group (Metropolitan 11, LLC) · A residential developer that, per news coverage, builds apartment communities; the project company named in county records is Metropolitan 11, LLC.
Around the web
- Developer shares plans for 232-unit apartment complex proposed for Promenade propertyWFMZ · Feb 24, 2026Describes the building mix, amenities, access points, tax and school estimates, and sewer and traffic issues.
- More than 230 apartments proposed for former Promenade in ExeterWFMZ · Jan 20, 2026Covers the informal sketch plan, the site's history, and planners' questions about connectivity, retail, water and sewer.
Planning terms explained
- Final subdivision
- The last formal plan step that divides or lays out the land and sets its final design before approval and recording.
- Sketch plan
- An early, informal presentation of an idea for feedback, with no vote or approval.
- Redevelopment Authority
- A public agency that works to get underused properties redeveloped, here the owner and seller of the former Promenade site.
- Planning module
- A sewage-capacity submission to state environmental regulators showing a project can be served by sewers.
- Will-serve letter
- A utility's written statement that it can provide service to a development.
Researched by AI from public sources on Nov 1, 2026. It can make mistakes, so check the linked sources and the municipality before relying on it.
Scope estimate for contractors
Estimated construction value: $55.7M
- ~1,392 roofing squares
- ~232 HVAC systems
- ~232 kitchens / 464+ bathrooms
- ~232,000 sq ft of finished living space