SL_MeridianBank_Profile_1_20_Profile 1 / 13 / 20 4 : 36 PM Page 1 est - quality materials and craftsmanship , and insist on customer D PROFILE satisfaction at every stage in the process . Enter Phil Russo , a Harvard grad and widely respected Delaware Valley mortgage banker . Janiczek and Russo met early in their careers as members of a young entrepreneurs networking organization . Five years of friendship later , they got the idea to col - laborate on a high - end home in Devon . Over the course of their relationship , they have partnered on another high - end home , and Russo has worked to facilitate financing for several Janiczek cus - tomers . Now they are embarking on their biggest venture , Wayne Towering 427 , a $ 20 million luxury condo - minium project in the middle of its namesake Main Line town . The wave of what’s happening in Center City , with upscale buyers flocking to luxury condos in order Achievement to be close to the vibe , is about to break on the suburbs . Seeing this Meridian Bank backs Janiczek Homes , a highly future , the partners began looking for a location that would meet their regarded builder of luxury homes on the Main Line . vision of providing transitional luxury housing with less square footage by DAVID BUCHER photography by JEFF ANDERSON and easy access to the city , but with no compromise in amenities and at a considerably lower price . The Wayne 427 property fit the bill per - fectly . The first tower of the 22 - unit project , scheduled for completion in summer 2020 , shares a common lower garage level with the second tower . Two - and three - bedroom units , as well as spectacular pent - houses , are being provided . Besides the convenience and value that own - ers will enjoy , they will also have the advantage of Janiczek’s penchant for exquisite design and detail . It’s evident in the exterior , which blends with the neighboring 1950s - style brick apartment blocks and also provides contrast through modern , industrial touches . Every unit is a corner unit , maximizing views and natural light . All have high ceilings , stunning great rooms and private terraces . But , most important , the Janiczek touch will be reflected in the high - end interior finishes for which he’s known . “ It’s ideal , ” Janiczek says . “ Just From its unassuming exterior , you’d never know the a two - minute walk to the train station extent of the creativity housed in the small barn tucked behind a row of and an easy walk to all the shops shops on Conestoga Road in Villanova . But as you ascend the stairs in the and restaurants in the town cen - ter — everything you need . And there rear , you begin to get the feeling that something special is going on . You’re is so much else to offer in the taken by the babbling brook that runs behind the building and the comfort western suburbs , all close by . ” But the icing on the cake for with which the aged wooden stair treads and rusted rebar railing blend to - them was how much of the prepa - gether . Then you go inside and see the art . ration had already been done . The The office belongs to Janiczek Homes , previous owner , who operated a medical practice , was planning to move to a new whose president , Mark Janiczek , has spent location . Thinking he would develop the property himself , most of the municipal approval 30 years becoming one of the Main Line’s process was already out of the way . most highly regarded builders . Specializing in According to Russo , “ We weren’t really looking for such a large project at first , luxury homes and renovations , he earned his perhaps only four to six units . But the opportunities for what we wanted to do , where we success with a simple formula : Use the high - wanted to do it , don’t grow on trees . When this property became available , our horizons ABOVE : Meridian helped Mark Janiczek and Phil Russo in previous luxury home collaborations . Now Jason Sheehan ( right ) is overseeing the bank’s participation in their largest project to date . SUBURBANLIFEMAGAZINE.COM JANUARY 2020 32 |