DOWNINGTOWN, PA—Locally-based E. Kahn DevelopmentCorp. has acquired nearly 50 acres of land near theDowningtown Country Club here from the Archdiocese ofPhiladelphia.
Kahn purchased the parcel in partnership with AdamLoew and the Estate of Jack Loew for $3.8million, according to the Philadelphia Business Journal.
“This is ground we had been trying to buy for a long time andwe're not exactly sure what we are going to do with it yet,” saysE. Kahn founder Eli Kahn. “We're going to take ourtime and figure out what to do with it.”
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
