By Natalie Kostelni – Reporter, Philadelphia Business Journal
Jun 7, 2019, 1:31pm EDT
Pennridge Development Enterprises Inc. is constructing a 100,000-square-foot building on speculation as part of a bigger, $60 million plan to create an 80-acre industrial campus adjacent to the Pennridge Airport in Bucks County.
The building is being marketed to manufacturing companies that have been squeezed out by the increased conversion of these types of properties into distribution centers.
The property, which is zoned for industrial use, is owned by the same family that owns the Pennridge Airport in Perkasie. A plan was established about three years ago and work began last year on the first building. The owners would like to construct six buildings with nearly 700,000 square feet of space. “It’s a really good market for this type of space,” said Rob Brink, president of Pennridge Development. Continue reading "Pennridge Airport Business Park"→
Daily Intelligencer – by James Boyle, Staff Writer, August 5, 2016
Officials from New Britain, Bucks county and Delaware Valley University have discussed for the past three years the plans to redevelop a stretch of Butler Avenue (Business U.S. Route 202) into a Main Street-style, walkable university town.
“There’s been a lot of talk and ideas for the Butler Avenue corridor,” said Lynn Bush, executive director of the Bucks County Planning Commission. “We are now seeing something actually happening.”
Perkasie’s “overnight” success story has been years in the making.
While downtown revitalization efforts may be more prominent now, years of planning and discernment have gone into the Borough’s current economic vitality and investment strategy yielding residents, business owners and borough officials results they can see, touch and feel.
From modernization efforts that never got off the ground in the 1970s to a catastrophic fire in 1988 that wiped out an entire block in the downtown, to national recognition last year for holding the oldest Christmas tree lighting ceremony in the country, Perkasie Borough is a small town, American innovator. Continue reading "Member Spotlight: Perkasie Borough"→
The Philadelphia Inquirer
by Alan Heavens
April 10, 2016
Development is matched by high demand. One in a continuing series spotlighting real estate markets in the region’s communities. From what Realtors say, Perkasie is a place coveted by those enamored of small-town living. A whole lot of building designed to enhance that small-town experience is going on now in the Bucks County borough 30 miles north of Philadelphia.
Lehigh Valley Business Journal
By Brian Pedersen, August 31, 2015 at 8:00 AM
In June in Perkasie, a three-story building started going up on a property vacant for nearly three decades following a devastating fire.
It was a groundbreaking with significant meaning for residents, officials, executives and business owners. Perkasie, you see, may be a tiny borough – but it boasts big plans for economic development.
It was a groundbreaking with significant meaning for residents, officials, executives and business owners. Perkasie, you see, may be a tiny borough – but it boasts big plans for economic development.The $2.3 million American House at Perkasie represents the beginning of a surge in revitalization throughout the borough, including hundreds of new residential units, many of them upscale, and the potential to attract businesses using corporate jets at Pennridge Airport in Perkasie and neighboring East Rockhill Township.