Federal Realty Launches Leasing at Blayr in Metro Philadelphia

BALA CYNWYD, PA. — Federal Realty Investment Trust has begun leasing Blayr, a 217-unit community that represents Phase II of Bala Cynwyd on City Avenue in the northwest Philadelphia suburb of Bala Cynwyd. Move-ins will begin in March 2026. Blayr offers studio, one-, two- and three-bedroom units complemented by such amenities as an outdoor pool, a fitness center, a golf and multisport simulator, an indoor parking garage with electric vehicle charging stations, a pet spa and a walking path that connects directly to the Cynwyd Heritage Trail, a walking and biking trail that formerly was a railroad. Federal Realty’s total investment in the Bala Cynwyd on City Avenue development is approximately $170 million and includes more than 300 units and approximately 190,000 square feet of retail space. AEI was the architect, Bohler provided civil engineering design and permitting services, Studio39 is the landscape architect, and MSA Interiors led the project’s interior design.