Hadley and Ferretti Invest Over $4 Million in Exeter Commons Redevelopment
What happened
Hadley and Ferretti invested in Exeter Commons, a large tract of property along Wyoming Avenue in Exeter. The project, which is beginning construction, plans to include a new Wawa and create opportunities for additional commercial development. The initial investment for the property, highway project, and utilities has exceeded $4 million. The project also received $1.7 million from PennDOT and $1.5 million from DCED.
From psdispatch.com
Why it matters
The investment represents a significant capital injection into the Exeter area, revitalizing a large tract of vacant property. Hadley and Ferretti have previously partnered on local redevelopment projects, including the transformation of a property in Pittston. The development aims to spur future commercial activity in the region.
From psdispatch.com
Who's involved
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.