By Josh McKnight | The McKnight Team The Bensalem Township School Board just voted to eliminate 31 positions for the 2026-2027 school year. The list includes elementary teachers, special education teachers, librarians, guidance counselors, and nine administrative roles. The district is staring down a $12 million budget shortfall, and even after these cuts and some bond restructuring, there is still a...
By Josh McKnight | The McKnight Team Lower Merion School District is proposing a 3.5% property tax increase for the 2026-2027 school year. That is the maximum allowed under Pennsylvania’s Act 1 Index. For a median-assessed home at $250,680, the tax bill would climb from $8,841 to $9,150. An extra $309 a year. The district is closing a budget gap of just over $9.5 million, with the school board...
PECO just blinked. Pennsylvania's largest utility company, which serves 1.7 million customers across southeastern Pennsylvania, had been seeking a 12.5% increase in residential electric rates and an 11.4% increase for residential natural gas customers. Under pressure from Governor Josh Shapiro and state legislators, PECO announced it is withdrawing both requests. The pullback is good news for homeowners...
SEPTA just dropped its plan for a 528-space parking garage near Conshohocken Station and replaced it with something very different. A 300-unit apartment building. Philadelphia developer Alterra is set to lease the land for 99 years at $600,000 a year, with rent climbing 3% annually. Total value of the deal: about $330 million. For anyone watching the Conshohocken real estate market, this is a meaningful...
Two large apartment proposals in Newtown Borough could change the housing picture in this part of Bucks County in a way the borough has not seen in decades. Local developer Jim Worthington is behind both. The first, called Liberty Centre, would bring 125 luxury apartments to an eight-acre site along Newtown Creek behind South Street. The second proposal calls for 308 units in two four-story buildings at...
By Josh McKnight | The McKnight Team SEPTA just dropped its plan for a 528-space parking garage near Conshohocken Station and replaced it with something very different. A 300-unit apartment building. Philadelphia developer Alterra is set to lease the land for 99 years at $600,000 a year, with rent climbing 3% annually. Total value of the deal: about $330 million. For anyone watching the Conshohocken...
By Josh McKnight | The McKnight Team Two large apartment proposals in Newtown Borough could change the housing picture in this part of Bucks County in a way the borough has not seen in decades. Local developer Jim Worthington is behind both. The first, called Liberty Centre, would bring 125 luxury apartments to an eight-acre site along Newtown Creek behind South Street. The second proposal calls for...
By Josh McKnight | The McKnight Team PECO just blinked. Pennsylvania's largest utility company, which serves 1.7 million customers across southeastern Pennsylvania, had been seeking a 12.5% increase in residential electric rates and an 11.4% increase for residential natural gas customers. Under pressure from Governor Josh Shapiro and state legislators, PECO announced it is withdrawing both requests....
By Josh McKnight | The McKnight Team Newtown Square is getting a closer look from developers. Newtown Township supervisors held a conditional use hearing this month on a proposal to redevelop 16 acres on Campus Boulevard into a 242-unit, age-restricted community. The plan, brought by Campus Eleven Associates LP, calls for tearing down three existing office buildings totaling 150,000 square feet and...
By Josh McKnight | The McKnight Team Limerick Township is at the center of one of the biggest land use debates in Montgomery County right now. Two separate proposals would put more than three million square feet of data center development on either side of Route 422, one on the former Publicker Distillery site along Main Street and another directly across from the Philadelphia Premium Outlets. Add...
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