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T.H. Properties: Six Months, $1.8M to Demolish Old Souderton High School

The parcels comprising the property of the old Souderton Area High School will be developed in three phases. Plans include townhomes, single-family homes, a hotel and commercial spaces.

Tim Hendricks, of T.H. Properties, told Souderton Borough Council this week that it will take $1.8 million and six months to demolish the old Souderton Area High School, per the Souderton Independent.
The $1.8 million includes $170,000 for asbestos cleanup and removal and $1 million for credit for salvaging recyclable materials, per the report. The pedestrian bridge over County Line Road can be salvaged or $20,000.
The old high school properties will be developed in three phases.
Phase One is underway at the old parking lot on School Lane at East Broad Street. In the end, it will be 24 townhomes and a restaurant.
Phase Two will be the site of the old high school, and is proposed to be 250 homes, a hotel and commercial spaces.
Phase Three is located in Hilltown Township and will remain commercial zoning, as supervisors refused to change the district to a commercial-residential mix, per reports.
Read more at this link.
Timetocleanup January 11, 2014 at 03:25 PM
Now thp can pay back all the money they screwed people out of, right.
Grace N Dennis January 11, 2014 at 04:48 PM
I still don't understand WHY Souderton needs a hotel!
Timetocleanup January 11, 2014 at 06:41 PM
So it can rent by the hour instead of behind cheers and beers
rikkigirl January 11, 2014 at 07:15 PM
I just wish the Broad Theater would start up again with the renovations first!! THP should throw some money Broad's way. It'd be a good investment for the town and the properties they are building. Also, where are they putting these single family homes they speak of?
Grace N Dennis January 12, 2014 at 06:32 AM
They are trying to turn Souderton into a city. Big so called improvements that it doesn't need. All I see is MORE taxes, MORE traffic, MORE crime. I also see lots of FOR SALE signs.People will quietly pack up and move,rather than stand up and say NO! 250 homes at the old high school, The homes will be sold cheap enough to drive down the market value of some of the surrounding homes.
Sherry Melone January 12, 2014 at 06:30 PM
Souderton is already picking up the name "LITTLE PHILLY" why THP are you making this a reality ??????

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