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Kennett Square’s Genesis HealthCare Sells for $1 Billion in Fifth-Round Auction
Kennett Square-based Genesis HealthCare has agreed on its sale to 101 West State Street for $1.02 billion following five rounds of bidding last week, writes John George for the Philadelphia Business Journal. The bid for the bankrupt nursing home operator is structured to include $343 million in cash, a $100 million promissory note, and the assumption of $572 million in existing liabilities. 101…
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New Garden’s $300 Million Mixed-Use Project Could Ease Chester County Housing Crunch
Baltimore-based Stonewall Capital recently acquired a 187-acre property in New Garden Township with plans for a $300 million mixed-use development, writes Ryan Mulligan for the Philadelphia Business Journal. Local officials said the project, with 622 residential units, offers a chance to provide much-needed housing in the area. The White Clay Point project will also feature 115,000 square feet of commercial space, a…
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125-Room Great Valley Hotel Sells for $10.4 Million to BNS Associates
Moody National REIT II, a Houston real estate investment trust, has sold the 125-key Hampton Inn Philadelphia Great Valley Malvern in Frazer to BNS Associates for $10.4 million, writes Emma Dooling for the Philadelphia Business Journal. The deal, which closed on Dec. 11, 2025, comes out at $83,200 per key, below the average price per room of $100,971 for hotel sales in…
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Former Exton Office Building Converted into 32-Unit Apartment Building
A vacant office building in Exton has been redeveloped into a suburban rarity, an apartment building with 24 studio units and eight single-bedroom apartments, writes Joseph N. DiStefano for The Philadelphia Inquirer. Ownership of the building rests with a group led by local real estate lawyer David McFadden, broker John McGee, and investment partner Chiu Bai. The group hopes…
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Atlanta Falcons Appoint Exton’s Matt Ryan to New President of Football Role
Matt Ryan, a native of Exton and Penn Charter graduate, has been appointed as the inaugural president of football for the Atlanta Falcons, according to a staff report from The Philadelphia Inquirer. The team’s former longtime quarterback will lead the search for a new coach and a general manager, where both positions will report directly to Ryan. By taking this newly established role, he will leave…
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Leadership Changes Underway at Wayne’s Teleflex Following CEO Exit
Wayne-based Teleflex is undergoing a leadership transition with CEO Liam Kelly stepping down and Dr. Stephen Klasko, former Jefferson Health chief, appointed as the medical device company’s new board chairman, writes John George for the Philadelphia Business Journal. Kelly recently left his roles as both chairman and CEO of Teleflex, with no explanation provided by the company. Stuart Randle, who has been on…
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Malvern’s Saquon Barkley Advocates for Blood Donation in American Red Cross Partnership
Malvern resident Saquon Barkley partners with the American Red Cross to encourage blood donations among his family and fans during January, National Blood Month, writes Natasha Dye for People. “I’m always trying to show and teach my kids how to be better and how to help others, so this has been a prime example of that,” said Barkley. “Daddy…
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Amid Broader Restructuring, Avelo Airlines Eliminates Four Routes at Wilmington Airport
Avelo Airlines is cutting four routes at Wilmington Airport as part of a broader restructuring, leaving Chester County travelers with fewer destination choices, writes Emma Dooling for the Philadelphia Business Journal. Service between Wilmington Airport and Nashville, Jacksonville, Atlanta, and Chicago will be discontinued. The Nashville route will end at the close of January, and the seasonal summer route to…
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Chester County Swears In Newly Elected Officials and Judges
As the New Year begins, Chester County’s newly elected officials and judges assumed their roles after being officially sworn in during a weekend ceremony with friends and family present, writes Brooke Schultz for The Philadelphia Inquirer. Four new officials in the county’s row offices, including clerk of courts, controller, coroner, and prothonotary, as well as three magisterial district justices,…
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New Restaurant, Cocktail Bar from Square Roots Collective Coming to Kennett Square
Square Roots Community Initiative, a nonprofit that supports the Kennett Square area, will open a new American restaurant and cocktail bar in Kennett this summer, writes Emma Dooling for the Philadelphia Business Journal. Opus will open in the two-story building at 201 Birch Street, previously home to Hank’s Place diner, which occupied the space while rebuilding its original Chadds…
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Coatesville’s Last Remaining Bank Acquired for $55 Million
Founded more than a century ago, Presence Bank, Coatesville’s last remaining bank, has been acquired by Norwood Financial Corp. in a $54.9 million deal, writes Jeff Blumenthal for the Philadelphia Business Journal. A subsidiary of PB Bankshares, Presence Bank is now part of Norwood’s Wayne Bank, with 15 branches in northeastern Pennsylvania and 12 in New York. The deal,…
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Phoenixville Shopping Center Shadow-Anchored by Acme Supermarket Sells for $7.4 Million
A 33,000-square-foot shopping center near downtown Phoenixville that is fully occupied and shadow-anchored by Acme, sold in November for nearly $7.4 million, writes Erin McCarthy for The Philadelphia Inquirer. The complex changed hands from a Malvern-based private investor to one based in Glen Mills, with both entities structured as limited liability companies in the deal. The corporately owned Acme…
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Hiker Attacked by Coyote on Chester County Trail
A coyote attack injured a trail user in Chester County on Sunday, Dec. 28, writes Tom Ignudo for CBS News Philadelphia. According to the police, the incident took place on Warwick Furnace Road in Warwick Township. It is not known whether the hiker was bitten or scratched during the encounter, but the coyote did lacerate their skin, said Jeanne…
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Local Filmmaker Returns with Micro-Budget Comedy Set in West Chester
Independent filmmaker Michael Zolomij is coming back to West Chester with his latest short comedy film, Becoming The Man: A Prequel, an eight-minute exploration of joy, community, and the search for meaning set against the backdrop of beloved Hop Fidelity record store. The film serves as a prequel to Zolomij’s previous comedic short, RIP: Kevin…
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Take a Magical Horse-Drawn Sleigh Ride in This Bucks County Town
Pennsylvania offers several enchanting destinations for horse-drawn sleigh rides, with one charming one right in Bucks County, writes Kalena Thomhave for The Keystone. Away from the hustle and bustle of big cities, these rides offer a serene, magical experience away from noise and pollution. Enjoy a wonderful ride throughout the park as you soak in all…
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Multinational Company Puts Exton Property Up for Sale as It Consolidates in Montco
Specialty materials company Arkema is consolidating its company into space in Radnor and King of Prussia after putting its Exton laboratory and office building up for sale, writes Paul Schwedelson for the Philadelphia Business Journal. Located in the Oaklands Corporate Center, the four-acre property holds 12 labs, and offices take up the rest of the…
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BUCKSCO Today Wishes You Merry Christmas and Happy Holidays
BUCKSCO Today would like to wish our subscribers, readers, partners, and neighbors a Merry Christmas and Happy Holidays! We’re grateful for your continued support and for being part of the community we’re proud to serve every day. 2026 is coming up fast, leaving behind memories, moments, and news that shaped the year behind us. Before a new chapter begins, the BUCKSCO Today team will be taking a short break to…
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Over 200 Apartments, Retail Space Coming to Malvern After Office Building Demolition
Downingtown-based TriPoint Properties is planning to demolish a Malvern office building to make way for 250 apartments and retail space, writes Ryan Mulligan for the Philadelphia Business Journal. Purchased in 2020, TriPoint and East Whiteland Township reviewed many ideas for the property at 52 Swedesford Road, ultimately settling on a mixed-use, campus-like project that will…
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