Numerous multifamily apartment complexes are coming to Chester County’s Exton and Downingtown neighborhoods.
According to BisNow Philadelphia, real estate company Hankin Group is developing close to 1,000 of these apartments. They are constructing the largest project in the area, River Station, a $100 million investment which will have 442 apartments and will be located on the future site of the Downingtown train station.
Hanover Co., PREIT and E. Kahn Development Co. are also developing multiple complexes in the area, with a total of approximately 2,000 apartments coming to Chester County within the next few years.
The new complexes will join apartment developments happening across the region, including a boom in the King of Prussia area.
Image courtesy of BisNow Philadelphia