The developer handling the proposed redevelopment of a long-vacant shopping center in Towamencin Township recently gave an update to local officials. Located on the southwest corner of the intersection of Forty Foot and Allentown roads, the former Towamencin Village Shopping Center has been a topic of discussion since the early 2010s, as the developer has promised several plans that have yet to materialize. In a February update, Philadelphia Suburban Development Corp. (PSDC) announced its latest plan includes a Whole Foods supermarket in the former grocery part of the center, and a new Target store behind the adjacent SKF office building, with each contingent on forward process with the other. An April 24 update from PSDC said the firm is currently working on an updated overall plan that will likely be presented to the board and public in May, and will include a planned age-restricted apartment community on the site. A lease agreement has been signed with Whole Foods and is contingent “on getting the Target deal done.” Read more at North Penn Now.
Source: North Penn Now; 4/30/2024