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Homestead Village purchases The Farmstead

Thursday, December 24, 2015

Shortly before Christmas, on Tuesday, December 22, 2015, Homestead Village Enhanced Senior Living, Lime Spring Partners and Marietta Associates met to finalize the agreements reached on October 8, 2015.  Homestead Village purchased the buildings and fifteen lots at The Farmstead which will become the fourth neighborhood of the Life Plan Community located along Marietta Avenue and celebrating its 30th anniversay in 2016.  "This event is the culmination of seven months of negotiations, planning and due diligence on the part of the organizations involved," according to Douglas Motter, President. "It is a great Christmas present for our community."

The Farmstead is part of the first phase of development along the recently completed Noll Drive between Route 741 and Running Pump Road.  Oak Tree Development Group owns the historic Lime Spring Farm and adjacent land and has approvals from East Hempfield Township to create a mixed use, village overlay on the property with a mix of residential retail and commercial.  The Farmstead is ideally located, surrounded by and in walking distance from the village of Rohrerstown, Stauffers of Kissel Hill's flagship store, the centuries old buildings of Lime Spring Farm and a future township park.  It is located just a few steps west of The Mews at Homestead Village, another of Homestead Village's successful neighborhoods.