The purpose of retail development or redevelopment activity is to create value substantially greater than the investment. This requires the skill to determine the right project scope, establish the correct merchandising plan, negotiate with government agencies, identify private and public financing sources, and bring it all together on time and budget. Kravco and its
consultants have extensive experience in developing properties with an eye towards value creation.
In developing strategies for all the properties in its portfolio, Kravco consistently balances ownership's dual goals of maximizing the return on invested capital and enhancing future property values.
In today`s competitive environment, only the best properties will survive. Kravco's strategy is to ensure that each of its centers dominates its market by providing the most appropriate shopping environment with the best mix of retailers and
services; we have a proven record of enhancing property values, thereby producing high sales volumes, and garnering impressive market share.
Kravco Company was originally founded in the late 1940's and quickly established itself as a leading private real estate developer and property management company. Following more than a half century of proven success, including a successful strategic partnership with Simon Property Group from 2003 to 2011, Arthur Powell, an original Kravco founder, and his son, Jon Powell, launched Kravco Company LLC. Now based in Conshohocken, Pennsylvania, Kravco's executive and management team is drawn from the experienced ranks of the Kravco family. Collectively, Kravco's professionals have managed, leased, developed, and redeveloped over 30 million square feet of commercial real estate, primarily in the retail sector. Kravco continues to build on its excellent reputation among local, regional, and national tenants, and among its investment partners.
Steven M. Powell
CRX, CRRP, CLS
Robert C. Birkbeck
Chief Financial Officer
Phillip D. Isen
Executive Vice President
Board of Directors
Jon R. Powell
Chief Executive Officer
Richard S. Powell
The Capital Grille
The Capital Grille restaurant is located on a pad site in front of the Atrium Office building in King of Prussia.
The Atrium in King of Prussia, PA is a three-story office building containing approximately 77,000 square feet of gross leasable area
Bond Shopping Center
Bond Shopping Center in Upper Darby, PA is grocery-anchored, neighborhood shopping center containing approximately 93,000 of gross leasable area.
DeKalb Plaza Shopping Center
The DeKalb Plaza Shopping Center in King of Prussia, PA is a 7.5 acre parcel with a former Acme building, which was retrofitted to accommodate Hobby Lobby in 2019.
Huntingdon Valley Shopping Center
The Huntingdon Valley Shopping Center in Abington, PA is grocery-anchored, neighborhood shopping center containing approximately 150,000 of gross leasable area.
For any inquiries, questions or commendations, please call: (610) 854-2800 or fill out the following form
375 East Elm Street, Suite 100
Conshohocken, PA 19428-1973