A 173-acre site, that includes the former Franklin Mint in Middletown, Delaware County, will become a planned community if developers have their way. The mint site and two other adjacent properties will be developed into a new “walkable community”. This project would take 5 – 10 years to complete and would feature 1,253 homes, 798,000 square feet of commercial space, 235,000 square feet of office space and a 225-room hotel.
The new community would enable residents to live, work and play in the same place. This “town center” concept is becoming very popular. Construction would create 4,748 jobs. The number of permanent jobs this project would bring to Middletown is estimated at 2,800!
Tax revenue generated from this project, for the borough, school district and county, would be over $8.1 million! The Franklin Mint, Middletown site has been closed since 2004.
Public hearings have already started and developers stated they are willing to hold as many hearings as it takes. 500 people attended last night’s legislative hearing. The Franklin Mint redevelopment project is endorsed by the Delaware Valley Smart Growth Alliance and the Delaware County Chamber of Commerce.
The project is strongly opposed by a group called Save Middletown.
Here is a link to the developer’s website that will answer many questions you might have about the project:
Here is the Save Middletown website:
You can read both sides and draw your own conclusions.