Land purchase price includes an updated, fully approved Land Development Plan, recorded on March 19, 2024. The Plan is for a 7,572 SF (gross), 2-story office or medical building consisting of 2,200 SF of usable space per floor, plus a 2,200 SF lower level, stair towers on both ends of the building. Twenty-two proposed parking spaces in the plan (based on 4,400 SF of usable space on ground & 2nd floors). Public water and sewer are in the street. Across the street, under construction, due to open late 2024, is Fieldstone at Chester Springs. This new construction consists of a 101 unit retirement community including independent living, assisted living and memory care units. New retail and residential construction nearby: The Shoppes at Byers Station, Route 100 and Station Boulevard, consisting of 120 Townhomes and approximately 70,000 SF of retail.