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What are the immediate consequences of Haverford Township's newly approved modernization plan?

Haverford Township, Pennsylvania, approved a comprehensive plan Monday night to modernize the township, including redeveloping the Eagle Road Corridor with mixed-use buildings. This plan, developed over six years, aims to create a vibrant downtown while addressing resident concerns regarding increased traffic and potential changes to the township's character. The plan does not mandate the closure or demolition of any existing businesses.