This quarterly report provides the public with information regarding large construction projects taking place within their community. Developments listed in the report involve at least 50 multifamily units and 30,000 square feet of nonresidential land uses.
“Working together, the commerce department and the planning commission are excited to not only provide timely information on the state of development in the county but to also use this opportunity to regularly highlight great projects utilizing economic development assistance. This demonstrates our commitment to making Montgomery County the place to live, work, learn, and invest,” said Dave Zellers, Director of the Montgomery County Commerce Department.
According to the first quarter of the 2021 report, there were 256 multifamily units completed with 1,888 more in some stage of the site development process. In addition, 37,063 square feet of nonresidential development was completed with more than 2.3 million square feet of additional projects on the way.
“These reports indicate that Montgomery County’s housing market is strong, businesses are investing in our county, and our economy is growing,” said Dr. Val Arkoosh, Chair of the Montgomery County Board of Commissioners. “As we continue to battle the COVID-19 pandemic and prepare to support a robust economic recovery, these signs are very encouraging.”
In addition to residential and nonresidential charts and a Project Spotlight, the report includes a map showing where clusters of new development are taking place within the county. Larger construction projects in Montgomery County are primarily located in places such as Horsham, King of Prussia, and Conshohocken. This indicates denser housing and nonresidential construction continue to gravitate toward the county’s evolving mixed-use centers. Development classified as infill, redevelopment, or adaptive reuse constitute nearly all of the major multifamily and nonresidential projects listed in the report.
“In addition to providing more current construction information, this report will assist MCPC in assessing whether new development meets the goals of Montco 2040: A Shared Vision
, Montgomery County’s comprehensive plan. As a county, we are always looking for more tools and information to better understand our built environment,” said Daniel Farina Jr., MCPC Senior County Planner.