Business
Federal Realty Highlights $400 Million Resi-Over-Retail Pipeline
Federal Realty Investment Trust (NYSE:FRT) today highlighted its growing Resi-Over-Retail development platform, a proven strategy designed to create long-term value by layering residential density onto its existing retail properties. The company currently has approximately $400 million of residential development projects underway across multiple markets, with the Willow Grove redevelopment representing the latest project within this expanding pipeline.
About this update from Federal Realty Investment Trust
[{"type":"text","content":"Company advances densification platform designed to generate long-term growth from existing assets","length":98,"tagName":"p","attribs":{}},{"type":"text","content":"NORTH BETHESDA, Md., Feb. 26, 2026 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) today highlighted its growing Resi-Over-Retail development platform, a proven strategy designed to create long-term value by layering residential density onto its existing retail properties. The company currently has approximately $400 million of residential development projects underway across multiple markets, with the Willow Grove redevelopment representing the latest project within this expanding pipeline.","length":512,"tagName":"p"},{"type":"image","alt":"Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail based properties located primarily in major coastal markets from Washington, D.C. to Boston as well as San Francisco and Los Angeles. (PRNewsfoto/Federal Realty Investment Trust)","displaySize":"","headline":null,"caption":"Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail based properties located primarily in major coastal markets from Washington, D.C. to Boston as well as San Francisco and Los Angeles. (PRNewsfoto/Federal Realty Investment Trust)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":156,"url":"https://media.zenfs.com/en/prnewswire.com/4856615d128d21fbe0a3735f8286a8f2"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/jkV8BH6R__y_wrNOwoj5Yg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI3NTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/4856615d128d21fbe0a3735f8286a8f2","width":400,"height":156}},"href":"https://mma.prnewswire.com/media/1141400/Federal_1962.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"This project in Willow Grove, Pennsylvania includes repositioning approximately 130,000 square feet of existing retail through demolition and redevelopment into a six-story mixed-use building with 261 residential units, a 438-space parking structure, and an additional 52,000 square feet of retail space. Construction is expected to begin in Q2 2026.","length":350,"tagName":"p"},{"type":"text","content":""This is a strategy we've been refining for more than two decades," ...