The Hankin Group, an Exton-based real estate management company, announced an acquisition of a 70-acre plot of land.
The land is in the works to become what is planned to be new residential structures, commercial space, a pedestrian bridge, and a new Downingtown train station.
“At completion, Downingtown will be the only borough in the region with AMTRAK, SEPTA, and Chester Valley Trail access in its downtown,” said Downingtown Mayor Josh Maxwell in a Vista Today article. The access to the trails, pedestrian bridges, and open space will continue to improve accessibility and make Downingtown an even better place to live, work, and raise a family.”
If the plan moves forward as expected, this plot of land will become the largest private investment in Downingtown’s history.
Image via Vista Today/Chester County Planning Commission