What caught my eye?
DOWNINGTOWN >> Developers have proposed to create a seven-story parking structure with 72 condo apartments, in place of the Borough lot for public parking.
The plan, called Union Place, is being proposed by Andrew Hicks, owner and president of TriPoint Properties, Inc of Downingtown.
“We are working on preserving our history while also allowing our community to modernize and move forward in a way that is going to attract the next generation of Downingtown residents to our world class schools, restaurants and parks,” Council President Anthony “Chip” Gazzerro…..There will be 72 apartment units.
This includes 58 one bedroom units and 14 two-bedroom units. Parking spaces for the apartment tenants will allocate one parking space per bedroom…..The condo apartments will be known as “The Flats at Union Place.” …..Borough officials said they will determine to accept or decline the bid offer by developers of $325,000 to purchase the property….Council members had recently requested a proposal for public parking. Council members were informed of the parking structure, residential units and retail shop plans during their June 3 meeting and are reviewing the bid. The entity that will own the property during the investment is known as Union Place partners, L.P…
Ok so let us not forget what was in the Philadelphia Business Journal late September, 2014: