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Shoemaker Celebrates Topping-Out of Seven Tower Bridge

Conshohocken, PA, Monday, July 13, 2020 . . . Shoemaker Construction Co. and Seven Tower Bridge co-developers Partners Group, on behalf of its clients, Oliver Tyrone Pulver Corporation, and American Real Estate Partners (AREP) recently honored the topping off tradition for this marquee project in Conshohocken. In a socially distant fashion, team members signed the final steel beam before the crane lifted it over 170 feet to be secured by ironworkers to complete the building's 14-story frame.

SETTING THE PRECEDENT FOR THE NEW OFFICE: The event marked a major milestone in the development of this Class A, 260,000-square-foot building at the center of the Tower Bridge development on the banks of the Schuylkill River. Seven Tower Bridge is designed to attract and inspire the best professional talent, and will provide a premium location, modern amenities and world-class quality for the region's most successful companies.

Opening in April 2021, Seven Tower Bridge will feature:

  • 26,670-square-foot column-free floorplates
  • Clear full-height glass windows
  • Four levels of under-building parking with direct access to office floors
  • Walkable access to SEPTA regional rail, 45 restaurants and the Schuylkill River Trail
  • Riverfront amenity spaces, patio and walking paths
  • Advanced fresh air ventilation and MERV-13 rated filters
  • LEED and Fitwell certification
Construction site COVID-19 guidelines and procedures are being strictly enforced. Concrete has been poured through the 12th Floor, precast spandrels are set through the 6th Floor, and glass installation is scheduled to start in the next two weeks. The large exterior pre-glazed units measure 5-feet wide by 9-feet tall and are already staged on the floors. A glass curtainwall will enclose the building's double-height 1st floor lobby. A new crane will arrive on site in September to construct the building's precast parking garage.

BE IN GOOD COMPANY: "Shoemaker is proud to partner with Partners Group, OTP and AREP - in fact this will be our 11th project with OTP," said Maura Hesdon, General Manager of Shoemaker Construction Co. Over the past 30 years, Shoemaker has constructed most of the Tower Bridge buildings and hotels on the sites of former industrial buildings along the riverfront and regional rail and freight lines to create the new 1.7 million-square-foot commercial center. "Our team excels in managing challenging projects, and it has proven its skills in leading the coordination and managing the schedule during this unprecedented time, while maintaining the highest quality to deliver this signature project to Conshohocken, Philadelphia's premier suburban office market." Construction of Seven Tower Bridge commenced in October 2019 and the tower is scheduled to open in April 2021. SOM is the architectural and structural designer, JBB is the MEP Consultant and Pennoni is the civil engineer.

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ABOUT THE BUTZ FAMILY OF COMPANIES: The Butz Family of Companies, consisting of Alexander Building Construction Co., Alvin H. Butz, Inc. and Shoemaker Construction Co., provides exceptional, comprehensive construction management and design/build services, led by a strong commitment to complete customer satisfaction with special attention to safety, quality and value. The firm possesses significant experience in the construction of healthcare facilities, colleges/universities, corporate office buildings, manufacturing facilities, sports and entertainment venues, government buildings, K-12 schools and retail buildings serving Pennsylvania, New Jersey and northern Delaware.

ABOUT OLIVER TYRONE PULVER CORPORATION: Oliver Tyrone Pulver Corporation (OTP), headquartered in Conshohocken, Pennsylvania, is a privately held commercial real estate development firm with a 50-year history of developing over 15 million square feet of premier office space in the cities and suburbs of Philadelphia, Pittsburgh, Cleveland, and Chicago. For more information, visit otpcorp.com.

ABOUT AMERICAN REAL ESTATE PARTNERS (AREP): Headquartered in the greater Washington metropolitan area, AREP is an institutional fund manager and operating partner focused on office and mixed-use repositioning and development throughout the Greater Mid-Atlantic Region. Since its founding in 2003, the Company has deployed over $4.0B across targeted geographies and acquired more than 17M SQFT of class-A real estate. AREP strives to bring a sense of place to each asset, making its properties more distinctive and desirable which, in turn, creates enhanced returns for its investors. For more information, visit americanrepartners.com.

ABOUT PARTNERS GROUP: Partners Group is a leading global private markets investment manager. Since 1996, the firm has invested over USD 130 billion in private equity, private real estate, private debt and private infrastructure on behalf of its clients globally. Partners Group is a committed, responsible investor and aims to create broad stakeholder impact through its active ownership and development of growing businesses, attractive real estate and essential infrastructure. With USD 94 billion in assets under management as of 31 December 2019, Partners Group serves a broad range of institutional investors, sovereign wealth funds, family offices and private individuals globally. The firm employs more than 1,500 diverse professionals across 20 offices worldwide and has regional headquarters in Baar-Zug, Switzerland; Denver, USA; and Singapore. It has been listed on the SIX Swiss Exchange since 2006 (symbol: PGHN). For more information, please visit www.partnersgroup.com or follow us on LinkedIn or Twitter.


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