Ten real estate firms have signaled they are interested in redeveloping more than 800 acres at the former Naval air base in Willow Grove, Pa.
The companies range from residential developers to those that do mixed-use projects. Some of the developers are from the region while others are from outside of the Philadelphia area.
The competition will be stiff. It’s seldom a property comprised of several hundred acres comes available for development in a mature suburb just outside of a major metropolitan area.
"We were hoping for three to five responses," said Tom Ames, deputy director of the Horsham Land Redevelopment Authority, or HLRA. "We got 10." For the list of developers and to find out more about this story, go to PBJ.com
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