Wednesday, December 23, 2009

Officials OK sale agreement with Chetty

On Dec. 18, the Redevelopment Authority approved a sale agreement with Chetty Builders for a proposed townhome development on the northern portion of The Flats. City Council also approved the agreement at a special meeting on Dec. 23.

Carl Chetty, the president and founder of the development company, said his company expects to move dirt on the site in the spring. "I have to say that 2010 will be the year for Coatesville," he said.

In the past, Chetty's project for a condomimum tower at Third Avenue and East Lincoln Highway turned out to be unsuccessful. Chetty did, however, have success with another project, known as Millview Apartments, located at the Route 30 Bypass and Route 82.

Do you think Chetty's upcoming project on the northern portion of The Flats will be a success?