Real Estate
Radnor Takes Step Towards Ardrossan Purchase
Radnor Township's Board of Commissioners voted Monday to introduce an ordinance on an $11.6 million deal to buy 71.03 acres of Ardrossan on Darby-Paoli and Newtown roads.
Radnor Township's Board of Commissioners voted Monday to introduce an ordinance on an $11.6 million deal to buy 71.03 acres of Ardrossan on Darby-Paoli and Newtown roads.
The proposed property to be purchased is listed as:
Price: Parcel A, the “Wheeler field” 27.65 acres: $2,400,000.00
Parcel B, the “Quarry tract” 16.336 acres: $3,600,000.00
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Parcel C, the “Rye field” 27.04 acres: $5,653,820.00
RelatedRadnor to buy chunk of Ardrossan Estate
A development of custom homes has been proposed for portions of the 311-tract, and a conditional use hearing has been ongoing for the plan for remainder of the estate, reports Main Line Media News.
“This has been a priority for decade,” The newspaper quotes Board president Elaine Paul Schaefer as saying. “It’s a meaningful and culturally important landscape. And I feel very confident that our community continues to see preservation of our resources as an important priority. Ardrossan that will be an asset to Radnor for decades to come.”
But not everyone agrees. A discussion thread has exploded on the issue here.
Find out what's happening in Radnorfor free with the latest updates from Patch.
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