DOWNINGTOWN, PA—Locally-based E. Kahn Development Corp. has acquired nearly 50 acres of land near the Downingtown Country Club here from the Archdiocese of Philadelphia.
Kahn purchased the parcel in partnership with Adam Loew and the Estate of Jack Loew for $3.8 million, according to the Philadelphia Business Journal.
“This is ground we had been trying to buy for a long time and we're not exactly sure what we are going to do with it yet,” says E. Kahn founder Eli Kahn. “We're going to take our time and figure out what to do with it.”
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