PHOENIXVILLE >> After nearly 34 months of negotiations, a real estate developer and the borough have agreed to a land swap, the borough announced Wednesday afternoon.
The borough and Phoenix View LLC have agreed to exchange the former municipal building at 140 Church St. with a 2.9-acre lot of land next to Friendship Field.
Phoenix View plans to build a 70-unit senior housing facility at the Church Street site, while the borough plans to build a recreation center next to Friendship Field sometime in the future, according to a news release.
In August of 2013, the borough relocated its municipal offices and police station from the 140 Church St. site to its new location at 351 Bridge St. At the time, the plan was to put the property up for auction. Staff began working with regional auction firm Max Spann to market the property, the release states.
Concurrently, Phoenix View had negotiated the acquisition of the 2.9-acre lot at the southeast corner of Fillmore Street and Franklin Avenue from Friendship Fire Company as that property was no longer needed when the company had earlier merged with Phoenix Hose Hook & Ladder No. 1, according to the release.
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