The 246-acre Happy Days Farm in Exton, PA, is now under contract by Audubon Land Development. But the plans for the development of the site at the Downingtown Interchange of the Pennsylvania Turnpike are unknown.
The Happy Days site has sat untouched by construction for years while projects were proposed then abandoned. The Vanguard Group bought the property 20 years ago with the initial intention of using it to expand its corporate campus. It instead chose to do that somewhere else, leased the property and never developed the land.
The company put the property up for sale in the spring and its location made it incredibly attractive to developers. In fact, before Vanguard, multiple developers considered the property for retail and mixed-use sites.