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HANKIN GROUP CUTS THE RIBBON FOR HANKIN MANOR WITH COMMUNITY LEADERS IN PHOENIXVILLE

Hankin Manor is the latest affordable senior housing development to open in the booming borough

PHOENIXVILLE, PA: Yesterday, Hankin Group, a leading real estate developer, celebrated the grand opening of Hankin Manor, a state-of-the-art, affordable, senior housing community in the heart of Phoenixville Borough, at a ribbon cutting ceremony with community leaders and instrumental partners. Hankin Manor sits on the site of the former Borough maintenance facility and residents have already begun moving in, with the community expected to fill quickly.

“Hankin Manor is a testament to the forward thinking of the Phoenixville Borough. They had identified a need in their community and a property in need of repurposing. We were tapped to do what we do best, come up with an elegant solution that helps lift the community. We believe we’ve accomplished that with the design of Hankin Manor and will continue to support the community with our award-winning property management team at Hankin Apartments,” said Bob Hankin, CEO of Hankin Group.

The grand opening was marked with words of enthusiasm and support from Robin Wiessmann, Executive Director and CEO of PA Housing Finance Agency, Peter Urscheler, Mayor of Phoenixville, Jonathan Ewald, Phoenixville Borough Council President, and Chester County Commissioners, Marian Moskowitz, Josh Maxwell, and Eric Roe, and Hankin Group CEO, Bob Hankin.

“Phoenixville has seen tremendous growth which has been reflected in rising housing prices. We knew we had to act quickly to prevent our elders from being priced out of the community they call home,” said Jon Ewald, Phoenixville Borough Council President. “Hankin Group has tremendous experience creating value for the communities in which they develop, they were the ideal partner for this project vital to the fabric of Phoenixville.”

“Our senior citizens are a treasure of the Phoenixville community, and we want to ensure they have a dignified place to call home to enjoy their golden years,” said Peter Urscheler, Mayor of Phoenixville Borough. “It was a pleasure working with Hankin Group as they understood our vision and mission to turn this derelict property into a jewel for our community. They delivered on our promise.”

Hankin Manor, located at 115 Buchanan Street, represents a significant milestone in addressing the pressing need for affordable senior housing in the region. This 50-unit apartment community, managed by Hankin Apartments, is poised to provide comfortable and modern living spaces for its senior residents, contributing to the vibrancy and inclusivity of the Phoenixville community.

Attendees had the chance to tour the community and enjoy light refreshments, symbolizing the spirit of collaboration and community engagement underpinning the Hankin Manor project.

For more information about Hankin Manor or to apply for an apartment please visit hankinmanor.com or call 484-996-3880.

Hankin Manor represents a collaborative effort between Hankin Group, Phoenixville Borough, Pennsylvania Housing Finance Agency, Chester County Department of Community Development, Key Bank, and Phoenixville Federal Bank & Trust.

Architects on the project were UpStreet Architects and NORR, structural engineering by NORR, MEP engineering by East Hills Engineering, civil engineering by Cedarville Engineering Group, and construction by Hankin Construction.

Hankin Group hosted an event of appreciation on Wednesday, Oct. 18 at River Station to celebrate the remarkable transformation of the former Sonoco paper mill property into a stunning transit-oriented residential and commercial complex in Downingtown. The event was attended by community leaders, government officials, and key project contributors to recognize the accomplishments of River Station’s Phase I completion and ongoing progress of this exceptional development.

The event kicked off with the River Station clubhouse and model open for tours, allowing guests to experience the luxurious amenities and modern designs that River Station has to offer. Guests were treated to coffee provided by Twin Valley Coffee, a future River Station tenant set to open its doors next month.

The formal program began with welcoming remarks from distinguished speakers. Bob Hankin, CEO of Hankin Group, expressed his gratitude for the collaborative efforts of Downingtown Borough, PennDOT, SEPTA, East Caln Township, and officials from Chester County, emphasizing their instrumental role in the substantial achievement of the River Station project.

Josh Maxwell, Chester County Commissioner, expressed his enthusiasm for the River Station project, highlighting it as a significant economic opportunity for the town. He credited the hard work of Downingtown Borough council members in swiftly gaining project approval and shared his personal experience of commuting to Downingtown from Philadelphia, where he observed thriving developments surrounding SEPTA train stations and wished for the same attention for Downingtown’s station.

Maxwell emphasized that River Station, with its unique features like proximity to a SEPTA station and connection to the Chester Valley trail, “is an invaluable asset to both Chester County residents and the community.”

Additional speakers who addressed the audience included Chester County Commissioner Marian Moskowitz, Downingtown Mayor Phil Dague, East Caln Township Supervisor Chuck DeLone, and President & COO of the Chester County Economic Development Council, Michael Grigalonis. They each recounted their individual encounters with the River Station project and extended their appreciation to fellow project collaborators.

This event successfully honored the dedication and hard work of those who played a pivotal role in bringing the River Station project to life.

Following the successful completion of Phase I, River Station has already seen a significant influx of residents. For more information about River Station, visit River Station Downingtown.

Learn more at Hankin Group.