By Josh McKnight | The McKnight Team Plymouth Township sits at one of the most connected addresses in Montgomery County. The Pennsylvania Turnpike, Route 476, and Germantown Pike all run through it, putting Center City Philadelphia, the King of Prussia corridor, and the Lehigh Valley within easy reach. That access is one of the biggest reasons buyers keep choosing this Township over neighboring towns...
By Josh McKnight | The McKnight Team Montgomery County commissioners just approved $2.28 million in engineering contracts to advance two segments of the Cross County Trail East. Both segments span Upper Moreland and Upper Dublin townships. This is the same trail that, when complete, will run 17.5 miles from Conshohocken on the Schuylkill River Trail east to Bryn Athyn and the Pennypack Trail. For...
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 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 Abington Township does not make a lot of noise. It doesn't need to. Buyers find it on their own once they start doing the math — good housing stock, a manageable commute into the city, and a price point that still makes sense compared to what's available closer to Philadelphia. Right now, that combination is creating real competition, and anyone shopping here...
By Josh McKnight | The McKnight Team A developer wants to build 74 townhouses on a 6.6-acre parking lot near Lansdale's Pennbrook SEPTA station. The Lansdale Borough Council did not push back on the project. They pushed back because they wanted more. Council members and residents told developer W.B. Homes they wanted greater density, mixed-use programming, and a more ambitious vision for a piece of...
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