Rock Hill Farm Acquisitions, an entity affiliated with developer J. Brian O’Neill, recently presented three new proposals for the potential development of Rock Hill Farm in Willistown Township, writes Natalie Kostelni for the Philadelphia Business Journal.
The plans were put forward in a July 7 letter to the township. The first proposal, referred to as being “by-right” under current zoning, would involve the development of five residential lots along White Horse Road and 17 residential lots in a 100-acre cul-de-sac along the eastern side of South Valley Road.
This option would also reserve the right to apply for further land development.
The second proposal envisions a less dense development of 22 total lots, one on White Horse and the other 21 along the eastern portion of South Valley Road.
In the third option, referred to as a “conservation plan,” the developer is proposing that a third party buys a conservation easement for $12.5 million. This would limit what could be developed on that portion of the property.
The O’Neill affiliate acquired the property at the end of last year for $25.48 million.
Read more about Rock Hill Farm in the Philadelphia Business Journal.