WSJ features ‘Foxcatcher’ redevelopment in Newtown Square

The site of John du Pont’s former Newtown Square estate, depicted in the 2014 film “Foxcatcher,” is in the midst of a major redevelopment.

The Wall Street Journal profiles the latest happenings over there, in which Toll Brothers is turning the 200-acre site into 449 luxury homes.

The development, called Liseter, pays tribute to the site’s earlier, brighter days before it became the site of a murder. Long before millionaire John du Pont killed wrestler David Schultz – the plot of the film starring Steve Carell and Channing Tatum – the estate was called Liseter Hall Farm. It’s where du Pont’s parents raised championship thoroughbred horses in the 1920s and 1930s, according to WSJ.

The developers began leveling most of the existing structures, including du Pont’s mansion on Foxcatcher Farm, in early 2013, the article said.

One building that is still standing is a carriage barn, which was restored into a $4.5 million club: 

"Old wooden partitions between horse stalls became wainscoting. A barn door became a sliding door to a conference room. A stone wall is now the backdrop to a lavish bar. An old tack trunk is now an end table. Ms. Cook discovered more than 1,000 ribbons from prizewinning horses and framed several hundred."

The WSJ article said that Toll Brothers “hasn’t shied” away from the property’s infamous past, and it hasn’t seemed to turn buyers away either. The developers have already sold 123 homes on the property, ranging from $600,000 for a townhome to more than $1 million for a 5,000-square-foot home.

[WSJ]

[h/t Philly Mag]

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