Bucks County Court recently approved the sale of three parcels of land owned by the Quakertown Community School District to developer D.R. Horton. The three parcels along West Pumping Station Road were acquired in 2015 by the district for $1.75 million to be used as a future elementary and middle school. Stagnant enrollment caused the district to scrap the plans and list the parcels for $7.8 million. It is estimated up to 150 homes could eventually be built by D.R. Horton. The sale will help reduce the district’s $12 million deficit and potentially reverse the district’s falling enrollment numbers.
Source: Bucks County Herald; 7/2/2024