6C — September 25 - October 15, 2020 — Fall Preview — M id A tlantic Real Estate Journal
www.marej.com
M ontgomery C ounty , P ennsylvania
orsham Township is a suburban community situated just 16 miles Township’s investments nurture private investment and redevelopment in office parks Horsham Township, PA: A Community Connected... to Business! H
businesses with almost 37,000 employees. The township is the thirdlargest employ- ment center in Montgomery County. Within 15 miles of our business parks is a population of approximately 2.2 million. Horsham Township residents are well educated with 47.3% with a college degree. This compares favorably with the Greater Philadelphia Region at 39% and Pennsylvania at 30.1%. While Horsham is well- known for its business parks, we are equally well known for our community and neighbor- hood parks. Over the years
the township has methodically assembled one of the largest municipal park systems in Montgomery County. Resi- dents and employees of our business community enjoy hik- ing, biking, running and walk- ing in more than 860 acres of parks, open spaces and 14 miles of trails. Just the perfect environment to nurture a bal- ance of work and play. As part of the Greater Phila- delphia metropolitan area, Horsham Township is in the heart of the fifth largest econ - omy in the world, with 40% of the U.S. population within a single days’ drive and 60% of the U.S. and Canadian popula- tions within a two-hour flight. Horsham is accessible to nine major airports within a two- hour drive. The most conve- nient of those, Philadelphia International Airport is just 35 miles and about a 42- min- ute car ride from Horsham. Additionally, our location affords convenient access to Center City Philadelphia, the Lehigh Valley, Harrisburg, Atlantic City, New York City, Baltimore, Washington, DC and beyond. Horsham Township leader- ship in 2014 initiated a two- year study of the Pennsylvania Business Park and adjacent Horsham Business Center, two of our major business parks spanning 635 acres. With many of their buildings dating into the 1970’s, the study was undertaken with an eye on sustaining the parks and its business community. In January 2016, Horsham Township Council approved the Horsham Business Park Master Plan as a road map to be used over the next decade to modernize and amenitize the parks. Since its adoption, Horsham has made strategic investments in the office parks intended to spur economic activity and redevelopment efforts. The township has in- vested about $2.5 million in road improvements, new traf- fic control signals, sidewalks and other infrastructure proj- ects. In the next two years, an additional $9 million in traffic control and fiber optic connec - tions, street lighting and road widening projects are in the works. Horsham Township has been successful in finding grant monies to support these activities. The township’s in- vestments have nurtured and continued on page 15C
from center city Philadelphia. Regionally, it is easily acces- sible as it is only half a mile off the WillowGrove exit of the Pennsylvania Turnpike. The township is 17.32 square miles and home to more than 26,000 residents. From 1970-2000, the township experienced strong growth in commercial office space with the develop - ment of its five business parks with more than 6.4 million s/f of office and flex space. Dur - ing the work week, Horsham is home to more than 1,300
A hometown favorite for businesses Horsham Township, Pennsylvania has well earned a reputation as being a business-friendly community. A place where your business and your employees can not just succeed, but thrive! Home to 5 major business parks with more than 6.4 million square feet of commercial office and flex space. Highlights of our business environment include; Among the lowest real estate taxes in the region. No business privilege tax. No mercantile tax. Commercial rental rates that are highly competitive with regional rates.
An abundant and highly educated workforce. Great suburban location just off the Willow Grove turnpike exit with convenient access to Philadelphia, the Lehigh Valley, New Jersey, New York and beyond. 860 acres of township owned trails, parks and open spaces. a wide variety of housing choices for almost every budget.
a highly rated Hatboro-Horsham School District. a plethora of craft breweries, bars, restaurants and retail in close proximity. Horsham Township, uniquely connected to our business community. Come, enjoy, and make yourself at home!
For help in coming to or connecting with Horsham Township, please contact Larry Burns, our Director of Community and Economic Development at (267) 705-6851 or lburns@horsham.org
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