The Delaware Valley Regional Planning Commission (DVRPC) has launched a study looking at the feasibility of opening a new SEPTA station by the Chester Waterfront, near the new PPL park. This station would replace Highland Ave Station, which is only expected to last another 3 to 5 years and would cost $26 million to rebuild. The new station, if SEPTA agrees to build it, would cost the same amount of money to build.
More information here: http://www.metro.us/philadelphia/local/article/940214–chester-could-get-new-septa-station-along-waterfront