Almost three years after the completion of the 33-home Bayberry Crossing development, Pennsburg Borough Council placed the developer in default. Council members voted unanimously to issue a notice of default to HG Properties 20 LP. Bayberry Crossing is located between 8th and 11th streets near the border with Red Hill. Solicitor Mark Hosterman said a letter sent to the company requests that the work at the community be completed by June 30. The necessary work includes the paving and dedication of Bayberry Drive, dealing with concrete and sidewalk issues, and a stormwater retention basin located near the intersection of Bayberry Drive and Seminary Street. If the developer does not comply with the request, Pennsburg could utilize approximately $200,000 held in escrow to fund the work, and seek additional money to complete the work if needed.
Source: Town & Country; 1/1/2025
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Pennsburg places Bayberry Crossing developer in default
Published Friday, January 10, 2025