Kennett Square residents learned about developers’ vision for the old National Vulcanized Fibre Company (NVF) site at a forum held at Kennett Library on Nov. 7. Plans for the 22-acre site along West Mulberry Street call for construction of 294 “for rent” and “for sale” residential units. The complex will include 246 single-family townhomes: 38 single-family townhomes and 104 stacked townhomes with two units each, as well as a projected total of 492 parking spaces for residents and visitors. They are expected to be priced in the upper $300,000s for a 1,200-square-foot residence up to the low-to-mid $500,000s for a 2,220-square-foot residence. In addition, the complex will offer 48 mixed-income and affordable multifamily residential units that will be accompanied by 149 additional parking spaces. Glen Morgan, a principal of Delaware Valley Development Corporation (DVDC), described the 48 units as “housing for the butcher, the baker and the candlestick maker.” Read more at Chester County Press.
Source: Chester County Press; 11/14/2024