Morning Headlines: Bucks County Is in Development Slump
Yesterday’s headline in the Bucks County Courier-Times was not encouraging: “Bucks report shows sluggish development.” James McGinnis’ list of superlatives was no less damning:
Applications for new housing and industry remain at some of the lowest levels recorded in more than a generation.
Proposals for new commercial development are at the lowest levels recorded in 32 years.
The Bucks County Planning Commission estimates builders would “impact” just 368 acres. That’s the lowest amount ever recorded by the county.
There were several communities that had zero development — zilch — including Langhorne, Upper Southampton and Yardley. There is some good news, though.
• Bucks report shows sluggish development [Courier Times]
• Open for risky business: Phila.’s vacant properties [Inquirer]
• Quickly Growing Stables in No Libs [Naked Philly]
• Gladwyne real estate developer sentenced to prison for bank fraud [Main Line Times]
• Millennials are becoming home owners [Inquirer]