Fort Washington-based Toll Brothers has bought a 29-acre manure composting site in Royersford that had previously been occupied by Two Particular Acres farm for $3.1 million, writes Paul Schwedelson for the Philadelphia Business Journal.

The luxury home builder plans to develop 54 single-family homes on the site located a mile and a half east of Route 422. The sellers were Edward Foley Jr. and Gail Foley.

The company has already started site work on the project that will be named Hearthfield. The homes are expected to be available for sale early next year.

The latest purchase and development project continues the home builder’s investment in the Philadelphia suburbs. Toll Brothers is currently in the process of building over 1,600 homes across 11 developments throughout the region.

This includes several projects in Montgomery County. The company is currently building 496 homes in Ambler as part of the Regency at Waterside development, 278 homes in King of Prussia within the Stonebrook at Upper Merion development, and 142 townhomes also in King of Prussia in The Village at Valley Forge.

Read more about Toll Brothers’ newest purchase in the Philadelphia Business Journal.

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