News Flash

Planning

Posted on: July 17, 2019

Newest Reports on Housing Units Built and Nonresidential Construction in Montco

Housing Units Dashboard

The reports contain the latest data (2018). The number of housing units built in 2018 was the highest amount produced since 2007 while nonresidential construction in the county produced over 1 million square feet. Both reports and new online dashboards, which provide interactive maps and various ways to explore the data in all of our Montgomery County communities, are available under “Reports” at https://www.montcopa.org/1459/Publications. Both reports show how new development meets the goals of Montco 2040: A Shared Vision, Montgomery County’s comprehensive plan.  


Housing Units Built
According to the 2018 Housing Units Built report, the 2,673 housing units constructed in 2018 represent a strong housing market and a growing economy in the county. The estimated taxable property value of these new units is approximately $349 million. Over 56 percent (1,478 units) of the new housing units are apartments—with over 900 units constructed at The Village at Valley Forge in Upper Merion Township alone. In recent years, multifamily has been the fastest growing housing type within the county. Montgomery County has a number of sites within its transit-oriented town centers that provide opportunities for this type of infill development. The report also shows that single-family attached construction increased from last year while detached slightly decreased. Check out the report's corresponding dashboard!


Nonresidential Construction
The 2018 Nonresidential Construction report shows that nonresidential construction completed in Montgomery County was in excess of 1.1 million square feet. Institutional development, which includes hospitals, schools, and aging care facilities, was the top category for construction this year with 601,383 square feet and constituted the majority of nonresidential development built in the county. The next highest category was commercial at just over 357,000 square feet. The report notes that the retail and office industries continue to evolve. The continued revitalization of the county’s existing shopping centers and office facilities into walkable and mixed-use areas is in full swing.  Check out the report's corresponding dashboard!




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