There is a large development planned for the area. Actually, by Pennsylvania standards, this is huge. It's planned as a new borough of around 13,000 or so units. Check out
www.bryneyre.com. It's a neat plan, and I think there's lots of support for it, though there are some anti-Bryn Eyre forces out there, which is expected. We'll see what happens. They're promoting it as a smart growth development with a town center and all that, but to me Queen of Prussia seems more fitting because it will likely attract white collar people working in places like KOP, Exton, etc. looking for a less congested, more affordable, brand new area.