Kahn gets approval to build apartments in West Chester

Dated: April 15 2024

Views: 138

Developer Eli Kahn has received permission from West Chester Borough Council to build a 185-unit apartment complex at 322 W. Market St., currently the location of Mitch’s Gym. A sticking point in the discussions was the amount of a fee-in-lieu-of for recreation. When a builder does not designate 5% of the overall square footage for open space, a fee is assessed by the borough. Kahn argued that he met the threshold with planned amenities on Wollerton Alley land as allowable open space. The agreement, unanimously agreed to by council and the builder, states that Kahn will set aside $109,076 rather than $272,000. Mayor Lillian Baptiste noted that the council needs to be consistent in agreements with developers. 
Source: Daily Local; 3/22/2024 

Blog author image

Pete McGuinn

Pete McGuinn - Your Trusted RE/MAX Main Line Real Estate Expert With over 22 years of experience as a full-time REALTOR® at RE/MAX Main Line, Pete McGuinn is a distinguished real estate professional....

Latest Blog Posts

5 Repairs Worth Doing Before You List (and 5 That Aren't)

One of the most common questions I get from sellers: "What do I actually need to fix before we list?" Here's my honest, construction-background answer.Worth doing:Fresh, neutral paint — one of

Read More

Life Plan CCRC vs. Active Adult Community: Understanding the Difference

One of the most confusing parts of exploring 55+ options is that "55+ community" actually covers two very different models — and mixing them up can lead to real financial and lifestyle

Read More

A First-Time Buyer's Guide to Delaware County School Districts

One of the most common questions I get from first-time buyers with young kids (or plans for them) is simple: "Which school district should we be looking in?"I don't have a one-size-fits-all answer

Read More

City controller finds hundreds of property owners exploiting tax relief program

Philadelphia’s city controller says the city and school district are losing millions of dollars in revenue from people who improperly claim a homestead exemption on their taxes. The homestead

Read More