<body><div><figure><img src="https://img.particlenews.com/image.php?type=thumbnail_580x000&amp;url=2nkLEt_0wDW87zx00" alt="https://img.particlenews.com/image.php?url=2nkLEt_0wDW87zx00" width="970" height="550" ><figcaption>Image via Google Maps.</figcaption></figure><p>Toll Brothers has acquired an 86-acre parcel of land in Langhorne, for $40.5 million, eyeing the development of a 55-plus community. </p><p><a href="http://bucksco.today/tag/toll-brothers">Toll Brothers</a> has acquired an 86-acre parcel of land in <a href="http://bucksco.today/tag/langhorne">Langhorne</a>, for $40.5 million, eyeing the development of a 55-plus community at the former <a href="http://bucksco.today/tag/stone-meadows-farm">Stone Meadows Farm,</a> writes Paul Schwedelson for the <i>Philadelphia Business Journal.</i></p><p>Toll Brothers aims to cater to the active adult segment under its <a href="http://bucksco.today/tag/regency-collection">Regency Collection</a>, although the exact number of homes to be constructed is unspecified. </p><p>This move comes after years of community resistance against development plans on this site, with the local nonprofit Save Stone Meadows Farm leading the opposition. </p><p>Previously owned by <a href="http://bucksco.today/tag/foxlane-homes">Foxlane Homes</a>, which had gained approval to build 159 homes, the property’s development had been a contentious issue. </p><p>Foxlane Homes filed a lawsuit against the <a href="http://bucksco.today/tag/Middletown-Township-Board-of-Supervisors">Middletown Township Board of Supervisors</a> after the board unanimously rejected the initial proposal for the site’s development. </p><p>However, in 2022, the authorities approved a zoning overlay that limits construction to housing for individuals aged 55 and above, addressing traffic and fiscal concerns. </p><p>This decision allowed the project to progress under the management of Toll Brothers, marking a significant addition to their expanding portfolio. </p><p>Read more about Toll Brothers’ purchase of Stone Meadows Farm in Langhorne in the <a href="https://www.bizjournals.com/philadelphia/news/2024/04/09/toll-brothers-stone-meadows-farm.html">Philadelphia Business Journal.</a></p><div style="position:relative;width:100%; height:0; padding-bottom: 56.25%;"><iframe src="https://www.youtube.com/embed/jN4WnoU-caA?feature=oembed" allowfullscreen frameborder="0" style="width:100%; height:100%;top:0; left:0; position:absolute"></iframe></div><p><b><i>Editor’s Note:</i></b> <i>This post first appeared on BUCKSCO Today in April 2024.</i></p></div></body>

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Toll Brothers Secures 86-Acre Stone Meadows Farm in Langhorne for $40.5 Million for Senior Living Community

Toll Brothers has acquired an 86-acre parcel of land in Langhorne, for $40.5 million, eyeing the development of a 55-plus community. Toll Brothers has acquired an 86-acre parcel of land in Langhorne, for $40.5 million, eyeing the development of a 55-plus community at the former Stone Meadows Farm, writes Paul Schwedelson for the Philadelphia Business Journal.