The old National Vulcanized Fibre (NVF) site in Kennett Square may be getting a new use if borough officials grant three concessions to the developer looking to build affordable senior housing there, writes Fran Maye for the Daily Local News.
Delaware Valley Development Corporation is looking to build a 60-unit, low-cost housing project on the 27-acre property off Mulberry Street. The main issue still facing the possible development is environmental issues that are in need of remediation. However, the developer only wants to build on a two-acre parcel in the northeast section of the property.
Eden Roberts, an associate with DVDR, presented the proposal to the borough council earlier this week, noting that help is needed from officials for the project to move forward.
The developer needs a permission to subdivide the smaller parcel, and rezone it to an R3 district. It also needs two variances to be granted by the zoning hearing board.
“We are really excited about this project,” said Roberts. “The age of borough residents is decreasing at a significant rate. People are getting priced out of housing. We think this is a good opportunity for the borough.”
Read more about the proposal in the Daily Local News here.