Phoenixville’s problems are those of abundance. They are problems nonetheless though.
With the borough growing rapidly—despite a recession, the dollar amount of its property assessments increased more than 20 percent between 2002 and 2010—plans for the unused 120-acre tract of land that the Phoenixville Steel Company once sat on have become a hot topic of discussion around town.
And while ground is expected to be broken on a 350-unit rental apartment development this spring, there is still the matter of what to do with the other 100 vacant acres that make up the property.
According to a July 17 story in the Philadelphia Inquirer, the borough council has approved the DeMutis Group’s plans for a seven-acre apartment, retail, and corporate development—though DeMutis has not yet secured financing for the plan—and still hasn’t ruled out luring a minor league baseball team to play in the space.
Councilman Dave Gautreau told the Inquirer that Phoenixville has been in talks with a team. Though he didn’t identify which, the Inquirer suggested that a deal would be contingent on the borough’s ability to raise funds to build a new ballpark on the site.
Read the full story here.