LONG & FOSTER LISTS UNIQUE CONDO HOMES IN AWARD-WINNING COMMUNITY NEAR PHILADELPHIA

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The Turbo Loft community is located in an industrial complex that once housed the Dexdale Hosiery Mill, a recognized leader in the production of silk worldwide during the 1920s and the 1930s. The renovated community has earned numerous recognitions for its innovation in design of retail and residential space, inclusion of energy-efficient amenities, and the use of recycled materials in construction. Residents of Turbo Loft enjoy close-by shopping, entertainment, restaurants and transportation to nearby downtown Philadelphia. 

During World War II, the Dexdale Hosiery Mill was called on to support the war effort by manufacturing parachutes and aircraft gear on two floors of its silk factory, and assembling nose cones for rockets on a restricted third floor. Over time, the company evolved from a manufacturer of hosiery to a developer of machines that boosted the production of high-quality product. Dexdale eventually patented the design to sell to other manufacturers, becoming the Turbo Machine Company before relocating to North Carolina in 1976. Over time, the factory property served as warehouse space, retail space and professional office space before falling into disrepair that left it boarded up and covered by graffiti.

In 2004, a commercial developer began revitalizing part of the complex by renovating retail and office space. In 2006, Moulton Builders, Inc., began revitalizing and renovating the mill building to include several styles of condominiums that featured lofts and a design that maximizes space.

According to McGuriman, the Turbo Loft development offers one of the area's most unique loft-living and eco-friendly experiences. She attributes the rapid sales of units in the complex in part to the tremendous value buyers receive, such as more living space than typical loft-style units offer, and the use of eco-friendly and green features likedurable finishes that reduce the need for maintenance, low-flow plumbing fixtures and geothermal heating and cooling. Consumers are also attracted by the design's use of materials in its construction, such as recycled steel studs and engineered lumber that doubles as flooring throughout the loft area and a wood ceiling on the main level, she noted.

The last new unit now available is located on the second-floor and features the largest floor plan offered. Because it was the builder's model unit, it also boasts a number of upgrades such as hardwood floors and a kitchen with granite counters and a tile backsplash. Joining the kitchen on the main level are the master suite, a second bedroom, a laundry room, and a great room. The unit's two lofts are connected by a wire bridge, can easily be used as office or additional bedroom space, and open to below increasing the floor plan's feel of openness.

"This project was so wonderful to watch take shape as it reclaimed such a historic portion of Lansdale," said McGuriman, who noted that there are currently two resale units also listed for sale in the complex that have each appreciated in value since first purchased.

"Now it is much like the final week of a wildly-successful Broadway play; the curtain is closing on the chance to buy in one of the Delaware Valley's most unique communities ever, and we are very excited," she added.

"The homes at Turbo Loft reflect the many types of unique properties Long & Foster has in its array of listings. More and more consumers turn to Long & Foster to when they are ready to sell or buy because they know that when they choose a Long & Foster sales associate, they are choosing the best-trained, best-equipped real estate professional to help guide them through the total homeownership experience,"said Gary Scott, president of Long & Foster® Real Estate Inc.

Long & Foster® Real Estate, Inc., the largest independent residential real estate company in the United States, today announced it has listed, as part of its extensive number of current listings, a two-bedroom, two-bath, loft-style condominium home in the Turbo Loftcommunity of Lansdale, Pa. The 2,500-square-foot unit is the last remaining new residence available for purchase in the award-winning mixed-use development, and is listed by Kathy McGuriman, a sales associate with Long & Foster's Blue Bell sales office in Blue Bell, Pa. It is offered for a reduced price of $359,900.