Redevelopment Plan for Corners at #NewtownPA Place Presented to Planning Commission
On August 15, 2023, representatives of BET Investments, Inc. presented their plan to redevelop the Corners at Newtown Place shopping center located at the intersection of Buck Road (Route 532) and Newtown-Richboro Road (Route 332).
Specifically, the plan is to build a 3 story, 120 unit multi-family apartment building with related amenities on the approximately 3.909 acre parcel (Tax Parcel No. 29-011-243) .
The Applicant is proposing a new B-11 use TEXT AMENDMENT to the JMZO, which states:
Parking Core Apartment Building. A building where individual apartments surround a central parking garage to feature a walkable oriented streetscape in keeping with a traditional village. Each apartment unit has direct access to the outside or to a common hall and each unit is designed for and occupied by a single family.
The following is a video prepared from Powerpoint using graphics from the application and an edited audio recording of the meeting.
Members of the Planning Commission had multiple concerns about the plan, including:
- Fate of Historic Buildings on the Property
- Housing Density
- Parking & Traffic
#NewtownPA Township Planners Raise Concerns With Corners at Newtown Apartment Plan— johnmacknewtown (@johnmacknewtown) August 24, 2023
One word kept coming up during a review of a planned upscale apartment complex at Sycamore Street and Richboro Road. And that word was “density.”
BET Investments, a real estate management and… pic.twitter.com/g7TFF70Bnb