Sunday, September 22, 2019

Despite billionaire support the Sahas & Pat Sellers of the John Birch Society didn’t crash the last revitalization of Coatesville. The crash of 2007 did it.


Coatesville residents pay an exorbitant fee for water & sewer because Pennsylvania American designed the sewer treatment system for 20 times what the City of Coatesville needed. 

In 2006 Pennsylvania American and most real estate speculators expected at least 80 new subdivision construction projects needing water & sewer north and west of Coatesville. 
Before he left Coatesville, City Manager Jean Krack told me that there were filings for 80 new subdivisions in the watershed of the West Branch Brandywine Creek north of Coatesville.

In 2006 Real estate investors of all kinds expected the City of Coatesville to be the economic center of a new housing boom in western Chester County. All of it came crashing down with the Housing Market Crash of 2007.

Most people believe another crash is coming. Because no one in the Trump Administration is qualified for their job that crash will probably be much worse than 2007.

How the crash effects the City of Coatesville is dependent on when it comes. If it comes soon, we could get partly done unoccupied new structures.

SEE:
Wednesday, January 21, 2015
Everything swirls around Hennessy's Coatesville Office




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