A group of local investors have taken ownership of the Taylor Hospital site with the intent to make it a viable health care facility once again. The group purchased the 165,000-square-foot facility at 175 E. Chester Pike in Ridley Park for $1 million. For two years, the site will be taxed based on a $1 million assessment, then it will be reassessed. All former tax issues were settled as part of the transaction. The investors, most of whom have direct connections to health care entities, are now casting a large net to bring a health care provider to the facility, which they will continue to own as a for-profit entity.
Source: Daily Times; 9/11/2025