January 2023

6A — January 2023 — Economic Development Spotlight — M id A tlantic Real Estate Journal


E conomic D evelopment The County and its partners continually work on new investments in infrastructure Montgomery County, Pennsylvania: A win for one of us is a win for all of us

ery few locations can offer the diversity of place that Montgomery County, Pennsylvania has to offer along with all the benefits that come with being located in one of America’s most livable counties. Located at the key- stone of the northeast corridor, Pennsylvania’s third largest county offers the road, rail, air, and sea connections that make it a globally accessible location with communities, schools, and cultural assets that rank amongst the best in the state & nation. The value proposition that comes from a dynamic mix of market enticements and tal- ent attractors means that busi- nesses can come to Montgomery County and plan for long term growth and prosperity. As the home to several For- tune 500 companies, the most manufacturing jobs in Pennsyl- vania, and the highest location quotient for bio-medical sector jobs in Greater Philadelphia, the county’s economy is poised for continued growth in sectors that will be the bellwethers of innovation in the decades ahead. From the exciting new investments in life sciences facilities in the King of Prus- sia area combined with its exemplary life, work, and play advantages, to the transfor- mational redevelopment of municipalities like Pottstown, Conshohocken, Ambler, and Lansdale that offer walkable communities with unique lo- cational opportunities for com- panies large and small, to the open spaces throughout the county that can give companies room to grow at their own pace, it all comes back to being able to find the right fit and the right connections all in one place. The County and its partners are continually working on new investments in infrastructure including the development of a rail connection between King of Prussia and Philadelphia as well as the restoration of pas- senger rail service from nearby Reading through several Mont- gomery County communities and onward to Philadelphia. Moreover, the county has over a half dozen interchanges with the Pennsylvania Turnpike sys- tem with more planned for con- struction in the coming years. Alongside hard infrastructure investments, the county contin- ues to commit to investments in its economic development infrastructure. This includes growing our MontcoForward V

Loan Program as well as being a leading county in Pennsylva- nia for the implementation of the Commercial Property As- sessed Clean Energy Program (C-PACE). These economic development financing tools are just some of the ways in which we can help businesses grow in addition to workforce development training funds, environmental remediation as- sistance, site search guidance, and connections to the Com- monwealth of Pennsylvania economic development tools as well. Creating an environment that attracts, retains, and develops talent is at the heart of our economic and workforce development strategies. With- in fifty miles there are over 100 institutions of higher learning. The county’s community col- lege continues to make his-

toric investments so it can be a strong partner with the pri- vate sector while training the workforce of today and tomor- row at its two campuses. The education system in the county also benefits from having four career and technical schools that are providing critical skill development and vocational learning as the entryway to critical career paths in our lead and emerging sectors. The quality of life is second to none in Montgomery County as well. Award winning county and re- gional trails, one of America’s largest destination malls, and a National Historic Park are just some of the opportunities that are available for your desired workforce to enjoy. Our economic development approach and the emphasis on quality of life benefits from having a close collaborative

relationship with the county’s nationally acclaimed destina- tion marketing organization, the Valley Forge Tourism and Convention Board, as our partner in raising the profile of the county to the advantage of visitors and residents. It takes a special partnership in a unique place to be able to boast achievements such as hosting international attractions that many cities with larger popula- tions could only dream about. When you come to Mont- gomery County, you’re not just coming to us alone, but to an entire region that is col- laborating like never before. We work closely with eco- nomic and workforce develop- ment leaders in our neighbor- ing counties and the City of Philadelphia to continually examine how we can all ally to support the investment

and growth needs of business; a win for one of us is a win for all of us. The cooperative spirit of the region means that companies looking to make the move here benefit from the expertise of not just the person they’re talking to, but the entire network of economic and workforce development leaders. Our Montgomery County leaders and Commerce De- partment want to share our passion for the county and are excited to talk more with any- one looking to come and grow here; you can learn more about everything our county has to offer at www.montcoforward. org and www.montcopa.org/ Commerce. Come to Montgom- ery County, Pennsylvania and move your business forward in 2023 in the place to live, work, learn, and invest. MAREJ

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