Partner • Venture Capitalist • President and CEO of Kravco
Jon Powell is a Partner at SeventySix Capital. Jon is also the President and Chief Executive Officer of Kravco Company.
Jon is a successful entrepreneur, real estate developer and innovator. In 2003, Powell took the helm of Kravco, a leading private real estate developer and property management company. Kravco is well known for developing The King of Prussia Mall, one of the largest malls in the United States, as part of its original portfolio of over 30 million square feet of commercial real estate, primarily in the retail sector. Kravco recently completed, Brama Mazur, the first of its mall development projects in Poland, an emerging economy with strong consumer growth trends.
Over the past several decades, Powell has also been involved with many startup enterprises, including the Philadelphia Stars of the United States Football League, medical and healthcare ventures, technology companies, and several communications projects.
Jon is a graduate of the University of Colorado with a Master’s degree from the University of Oregon. He is also an active member of the International Council of Shopping Centers and holds active real estate licenses in Pennsylvania and New York.
The leader in property management and development
Kravco was originally founded in the late 1940s and quickly established itself as a leading private real estate developer and property management company. Becoming one of the largest retail shopping center organization in the United States and the largest in the Philadelphia area. Following more than half a 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. Based in Radnor, Pennsylvania, the new Kravco 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.