A while ago a friend said “well you know Valley Forge sold off land to a developer.” Meaning Valley Forge Military Academy and College.
And it’s true – I found the Philadelphia Business Journal article from December, 2019 where they wrote:
📌”Dec 27, 2019 · Bentley Homes heads back to the Main Line, buys land from Valley Forge Military Foundation. Valley Forge Military Academy Foundation has sold five properties adjacent to its Wayne campus to Bentley Homes for $1.65 million.”📌
I realized where it was yesterday on my way home from a skin cancer procedure at Penn Medicine in Radnor. That corner where Upper Gulph Road meets Radnor Road (Radnor Street Road when down the road a piece in Radnor Township, Delaware County.)
This location is Tredyffrin Township, Chester County.
Now Valley Forge has been selling and or leasing land since 2010 according to an old article I found in the Delco Times. So it shouldn’t be a surprise. Except in 2010 this deal was with a neighboring academic institution, Eastern University.
Valley Forge is one of the academic institutions that people wonder if they will survive COVID19. There are a lot of schools across the country that may or may not. This global pandemic affects enrollment (see Forbes article from April, 2020 and Deloitte.com for example.) Schools were already rocked by student visa issues given the current isolationist tenor of this country which is affecting the ability to host foreign students. Coronavirus just puts them more into uncertain times, financially.
But a development on this corner? High up on a hill? Will everyone around them be their storm water management program? And why does another Main Line McMansion project need to occur?
The irony is in a time when people are starting to question whether or not they want to live on top of one and other as we are still experiencing a global pandemic , development is not slowing down. It seems to be at a fever pitch. And this development will also impact the Tredyffrin Easttown School District which seems to be rather crowded already?
Now someone will snap these homes up I suppose, except it all depends on the economy in general which has been rocked by COVID19 if we’re honest.
To quote Delco Today which I guess was quoting The Philadelphia Business Journal in January 2020:
📌”Valley Forge Military Academy Foundation has sold five undeveloped lots along Radnor Road at Upper Gulph Road to Bentley Homes for $1.65 million, writes Natalie Kostelni for Philadelphia Business Journal.…“I was building on the Main Line for years and the market died,” Tom Bentley said. “Now, we’re coming back to the Main Line. We return.”
During the Great Recession, Bentley built smaller homes, townhouses and multifamily properties further west in Kennett Square, Chadds Ford and Exton…..Bentley has also accumulated three lots on the east side of Radnor-Chester Road not far from Lancaster Avenue in Radnor and a dozen lots off Newtown Road in Easttown.”📌
Development keeps on rolling doesn’t it ? Are there really people to fill all these developments from single family to townhouse to apartments?
Pay attention to Tredyffrin’s neighbor Easttown. They also have development looming. Which will also feed into Tredyffrin Easttown School District. And then head west. More and more development.
When is enough development enough?
Thanks for stopping by.