In August, New Albany asked contractors for proposals on transforming an abandoned property’s prime location into something the city could be proud of. Months passed and only one put down a proposal: Chalfont Industries. The bid was accepted and the property was donated to the company as an incentive.
Construction starts in spring 2018 on the condominiums, which will feature small retail shops on the ground floor and a variety of condos above. Chalfont Industries expects the project to be completed within 15 months.