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Developer Proposes Expanding, Converting Still Waters Retirement Community
Written by Bradley Schlegel, Staff Writer
2020-11-24

            A King of Prussia developer is looking to pick up where the Still Waters Development, LP, left off six years ago. On Tuesday, Tim Hendricks presented a plan to the Pennsburg Planning Commission to build 36 twin homes near the intersection of Montgomery Avenue and 8th Street.

            During a 20-minute meeting, the commission voted unanimously to recommend the proposal to borough council. The elected officials will likely address it during a council meeting in December, according to administrative Manager Lisa Hiltz.

            Hendricks also revealed a proposal to convert the Still Waters Retirement Community into a traditional cluster of residences with a homeowners association. The developer also suggested a handful of residents who already live there would get the opportunity to own their homes and the lot on which they sit.

            The plan calls for the construction of the twin units in two phases on a 15.39-acre parcel at 830 Montgomery Ave. near the Upper Hanover border. Hendricks told the commission he could own the property by the end of the week.

            Still Waters Development, LP purchased the property from Leroy W. Horn Jr. and Robert Christman on April 22, 2009, according to Montgomery County property records. Eight years ago, borough council granted final plan approval for the age-restricted community.

Gary Gearhart, the COO of Hallman Retirement Neighborhoods, announced the intention to build 50 homes around a five-acre lake. The company described the community as the perfect location for affordable living and active convenience, according to an article in the Nov. 29 edition of the Town and Country newspaper.

            The original developer built one single home and three twins before construction ceased five or six years ago after running out of money, according to Hiltz. She said after the meeting that those remaining residents don't own their homes or the property on which they live.


 

 

 

 

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