Real Estate
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West Bradford Township Settles with Developer; Embreeville Hospital to Finally Be Demolished
A six-year dispute over the future of the once-controversial, yet long-shuttered Embreeville State School and Hospital is now over, as the buildings will be demolished and the land kept as open space, writes Caitlin McCabe for The Philadelphia Inquirer. West Bradford Township voted unanimously to pay Embreeville Redevelopment $22.5 million, a price that reflects both…
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Hankin Group’s Vision of Community Manifested in Forthcoming Weatherstone Town Center
Long before “urbanizing the suburbs” became the trend in real estate development, Hankin Group had conceived of a plan for the 300-acre Weatherstone to become a mixed-use community amidst the rolling farmlands and country estates of Chester Springs. This village already consists of more than 270 single-family homes and townhouses that gracefully complement the area’s…
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DNB First House of the Week: Unique Home with a Serendipitous Feel in West Chester
A unique home with a serendipitous feel that boasts four bedrooms and five bathrooms and sits on a 2.8-acre lot is available for sale in West Chester. Each room in this house has its own charm and a hidden angle to explore. The front hallway has an intricate marble and wood inlay, with crown moldings…
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Several Buyers Compete in Sale of Two New Retail Buildings in Malvern That House Starbucks, Chick-fil-A
DP Partners Group has sold two newly constructed retail buildings on the edge of the Great Valley Corporate Center for $7.2 million to 169 Empire Boulevard LLC from New York, writes Natalie Kostelni for the Philadelphia Business Journal. The two buildings are on the two-acre site at 260 Old Morehall Road and house a Chick-fil-A…
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There’s a Reason Some Wawas Are Just Down the Street from Each Other
Patience appears to be a part of Wawa’s strategy as it ramps up its expansion throughout the suburbs and certain areas for the last decade, writes Natalie Kostelni for the Philadelphia Business Journal. Wawa has sometimes waited years before breaking ground at some locations. It’s a keen student of demographics, traffic patterns, and human behavior,…
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Tentative Deal May Give Locals the Resolution They Hoped for in Embreeville Dispute
West Bradford Township and Embreeville Redevelopment are getting closer to resolving the long-standing dispute regarding the Embreeville State School and Hospital site, writes Caitlin McCabe for The Philadelphia Inquirer. The site has been the subject of nearly six years of disagreement and litigation. The developer was hoping to transform the abandoned and fast-deteriorating former psychiatric…
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Berwyn-Based Developer Set to Unveil Apartment Complex ‘with All the Bells and Whistles’ in Malvern
Berwyn-based developer LCOR will soon unveil its latest project, Arlo, a two-building apartment complex in Malvern, writes Fran Maye for the Daily Local News. With this project, LCOR is cashing in on the growing trend of millennials choosing to rent an apartment instead of owning a home. “Time is a precious asset, and more and…
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Malvern’s Eli Kahn to Build Apartments on Former Archdiocese Land in Downingtown
Washington, D.C., investment giant Carlyle Group has teamed up with Malvern developer Eli Kahn and Cornerstone Tracy of Villanova to develop an apartment building on former Archdiocese of Philadelphia land in Downingtown, writes Jacob Adelman for The Philadelphia Inquirer. The 220-unit building will be built at Lancaster Avenue and Woodbine Road. The group purchased the…
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Chester County Home to Eight of the Region’s 50 Wealthiest ZIP Codes
Chester County is home to eight of the region’s 50 wealthiest ZIP Codes, according to research conducted by Sharon Oliver for the Philadelphia Business Journal. The rankings were determined by median household income in 2017. Additional data included: per-capita income median value of owner-occupied homes the percentage breakdowns for workers with management, business or science,…
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As It Waits for Court’s Opinion on Its Appeal, Toll Brothers Submits New Crebilly Farm Plans
As Toll Brothers and Westtown Township wait to hear the Commonwealth Court’s opinion on the former’s appeal of the latter’s denial of a plan to build homes on Crebilly Farm, the developer recently presented another plan at a meeting of the township’s Planning Commission, writes Rich Schwartzman for Chadds Ford Live. The updated plan still…
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DNB First House of the Week: Unique Property Surrounded by Rolling Hills in Willistown
A unique home in a very private setting with four bedrooms and three and a half bathrooms is available for sale in Malvern. This 4.7-acre property in Willistown Township is surrounded by rolling hills and multi-acre estates, ensuring both privacy and beautiful views. Inside, the home features a two-story, open-floor concept. The many highlights include…
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Hankin Golf Invitational Raises Record Amount of Funds for Thorndale’s Handi-Crafters
What began more than 30 years ago with a few dozen people enjoying a round of golf for a good cause has morphed into one of the premier fundraisers in Chester County. A total of 228 golfers representing more than 100 local companies recently hit the greens at Whitford Country Club for the 33rd Annual…
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Hankin’s Award-Winning Portfolio Expands as It Acquires Its First Property in West Chester Borough
Hankin’s award-winning portfolio continues to expand. The Exton-based developer of distinctive commercial, residential, and retail properties has acquired its first property in West Chester Borough: Market Street Flats, formerly known as 124 Market Place. Market Street Flats consists of 88 apartments and four retail shops. Residents who live there will also have access to the…
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Pillar Real Estate Advisors Brokers Sale of 30,000-Square-Foot Office Building Complex in West Chester
Pillar Real Estate Advisors has brokered the sale of the historic office building complex at the corner of Market and High streets in West Chester. Pillar, a full-service commercial real estate brokerage based in West Chester, represented the buyers of the 30,000 square feet at 9 North High Street (the former First National Bank building)…
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DNB First House of the Week: Paradigm of Living Architecture in Elverson
A well-crafted gem of a home with four bedrooms and two and a half bathrooms is available for sale in Elverson. The home was designed by Walter Harvey Dunning who focused his practice on Living Architecture, a design philosophy that seeks to integrate architecture with nature in an ecologically responsible design. It sits across two…
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Wayne-Based Liberty Property Trust Puts Its Navy Yard Portfolio Up for Sale
Wayne-based Liberty Property Trust has put up for sale its Navy Yard portfolio, which consists of 10 office properties estimated at $300 million, writes Natalie Kostelni for the Philadelphia Business Journal. Liberty established the Navy Yard as an emerging office submarket through its development there. Now, the sale of its properties gives prospective investors the…
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Chester County Day, the Longest-Running Historic Home Tour in the Nation, Set for Saturday
Chester County Day, the longest-running historic home tour in the country, has so much to offer in the way of history, architecture, and interior design. This year’s event is set for Saturday, Oct. 5 from 10 AM-5 PM. A project of the 126-year-old Women’s Auxiliary to Chester County Hospital, “The Day,” as it is affectionately…
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DNB First House of the Week: Impressive Federal-Style Home in Heart of West Chester Borough
An impressive Federal-style home with five bedrooms and three and a half bathrooms is available for sale in West Chester. The property overlooks Marshall Square Park and features stunning gardens with ivy-covered walls, a wall fountain, fish pond, and flower beds that attract birds and butterflies. There are also two porches and two balconies to…
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