O’NEILL ANNOUNCES PLANS FOR PHASE I OF 66-ACRE MIXED-USE PROJECT

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LIMERICK, PA. — King of Prussia, Pa.-based O’Neill Properties Group has announced plans for Sanatoga Springs, a 66-acre mixed-use project located in Limerick. Phase I of the project will total 477,500 square feet and comprises one entertainment element, one anchor tenant and more than 200,000 square feet of restaurant, retail and hospitality space. Construction plans also include the extension of Lightcap Road, which serves as the access point for the project and Philadelphia Premium Outlets, a 555,000-square-foot outlet center located adjacent to Sanatoga Springs. Phase I is scheduled to open in the first quarter of 2010.

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