Development has started on a project to construct 598 homes at the 433-acre Jerrehian property at the Sharpless Estate, off of Greenhill Road in West Goshen. The property stretches from Phoenixville Pike on the southeast, the Route 322 Bypass to the south, near Pottstown Pike on the northwest and Greenhill Road to the north. The Jerrehian family has been working with the township to develop the property for more than a decade.
In December of 2016, plans for the development, called Woodlands at Greystone, were approved by the township, and supervisors recently agreed to establish a Neighborhood Improvement District. Within the district, only future homeowners would foot the bill, for 30 years, to pay for a bond issue financing $21 million of infrastructure improvements. The total acreage of the township’s public parkland would more than double. One hundred eighty-four acres of open space would be created, with 163 acres dedicated to the township. All of the open space would be preserved for passive recreation.
A connector road is planned to cross the property and link Pottstown Pike to Phoenixville Pike. Four hundred forty single-family detached homes, 110 single-family semi-detached townhouses and 48 single-family attached townhomes are planned for the property.
Want to stay up to date with real estate news in your area? Subscribe to our news alerts – we’ll reach out with info relevant to your neighborhood.
Source: Daily Local; 8/29/2018