The Haverford School on the Main Line has purchased the 43-acre Presbyterian Children’s Village property in Radnor Township, writes Natalie Kostelni for Philadelphia Business Journal.
The all-boys school in Lower Merion Township paid $19.88 million for the site at 452 S. Roberts Road. It is located about three miles from the Haverford School campus off Lancaster Avenue.
The Haverford School has added facilities over the years on its 30-acre campus but is limited by its location on how far it can expand. Uses for the new property have not yet been announced.
The property was once the Glencoe Estate developed in 1907.
It was donated to Presbyterian Children’s Village in 1960 by the co-founder of Acme Markets, Samuel Robinson; and his wife, Mary Park Hill.
There are 10 buildings on the property and several playing fields.
The seller was Gemma Services formed from the 2019 merger of Presbyterian Children’s Village and Silver Springs-Martin Luther School.
“The transaction coincides with the beginning of our organization’s strategic planning process, and will allow us the opportunity to be bold, innovative, and ambitious in identifying new approaches to serve even more at-risk youth and families,” said Kristen Gay, president and CEO of Gemma Services.
Read more at Philadelphia Business Journal about this property acquisition.
Here’s a promotional video for The Haverford School.