WILLOW GROVE, PA—The Horsham Land RedevelopmentAuthority has pared down the list of prospectivedevelopment teams interested in overseeing the redevelopment of theformer Willow Grove naval air base here to five.

|

The five developers/teams that are looking to be named masterdeveloper for the project now must submit details plans for whatthey envision for the 862-acre former air base. The five finalistsinclude: Catellus Development Corp. of Oakland,CA; Hankin Group of Exton, PA, a team ofK. Hovnanian of Red Bank, NJ,Basser-Kaufman of Woodmere, NY, OxfordProperties Group, of Toronto, Canada, andKorman Communities of Plymouth Meeting, PA;Lennar Corp. of Miami, FL and TollBrothers Inc. of Horsham, Pa.

|

A total of 11 companies or development teams responded to therequest for qualifications issued by the authority earlier thisspring, according to the Philadelphia Business Journal.

|

The Horsham Land Redevelopment Authority said in a statement theteams were evaluated on a range of criteria that included“organizational structure and key personnel assigned to theproject, experience on similar projects and past performance of thefirms on each team.”

|

The authority expects to select the master developer for theproperty by the end of this summer. See story in thePhiladelphia Business Journal.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.