Developer celebrates groundbreaking of 537 W. Drummond

Developer Moyer Properties recently celebrated the groundbreaking of their latest residential development located at 537 W. Drummond. Set to replace the parking lot behind the Covent Hotel, the project site is located at the corner of W. Drummond Pl and N. Lehman Ct.

Designed by ParkFowler Plus, formerly Brininstool + Lynch, the seven-story residential building will stand 80 feet tall. Planned as a residential-only building, it will deliver 84 new market-rate units, split into 12 studios, 54 one-beds, and 18 two-beds. Since the project’s approval predates the ARO, the project does not require affordable units, but the developer is including two affordable units. 

Encased in a brick cladding with an aluminum window system, the facade will be interrupted with balconies inset at the corners along W. Drummond Pl and hanging off the rear elevation. On the ground floor, the residential lobby and amenity space will front W. Drummond Place with 84 bike parking spaces included. 52 car parking spaces will be included on the site, with most inside an interior parking garage on the ground floor.

The developer recently secured a $29 million construction loan from lender Principal Financial for the development. With Summit Design & Build serving as the general contractor, construction is expected to wrap up in March 2026.