Land along Bushkill Drive, which once was occupied by scrapyard Easton Iron and Metal, was sold by the city to VM Development Group, which aims to remediate the site and build housing and commercial space.
By Brian Myszkowski, LehighValleyNews.com
EASTON, Pa. — Easton has officially approved an agreement to sell land once occupied by Easton Iron and Metal for $1.5 million, with a developer planning on building housing in its place.
City Council passed a bill approving the agreement between the city and Foundry Development Group, LLC, in which the latter agreed to pay $1.5 million for the former scrapyard.
Vacant since 2015, the site was acquired by the city’s Redevelopment Authority in 2019 and subsequently turned over to the city in 2023.
VM Development Group, which is working on a plan to transform the space into housing and commercial operations, said their original plans introduced in 2021 have not changed much in the time since.
The previous proposal from VM called for 150 homes and 20,000 square feet of commercial space to be built on the property.
VM Development Group Partner Gretchen Rice said there is a “general idea” of what will be done with the property once they are ready to begin the project, though they are not sure as how many units will be available in the structures until they reach the design development phase.
“But it will likely be four buildings, two on each side of Bushkill Drive, multifamily, primarily with commercial components on the first floor all of the buildings,” Rice said.
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