Morning Headlines: Montco Has Built More Apartments Than Single-Family Dwellings In Last Year
It seems Wynnewood and Conshohocken aren’t the only areas in Montgomery County aiming to reel in those looking for smaller housing. According to recent data by the Norristown Planning commission, Montgomery County housing units went up by 42 percent last year compared to 2012– the largest chunk of that increase being multifamily housing.
Philly.com’s Jessica Sparks reports the amount of single-family homes grew by 19 percent, while single-family attached homes (i.e. duplexes or row houses) rose by 12 percent. The biggest increase was seen in apartment and condo constructions, which tripled in 2013.
Sparks says the Planning Commission’s report, which displayed constructions mainly occurring in Towamencin, Upper Providence, and Montgomery Township among others, found the housing units “added $252 million in taxable property value to the county.”
• Montco housing units increase by 42 percent [Philly.com]
In other news…
• Dranoff explains why he’s headed back to the future [Philly Living]
• 151 apartments coming to South Philly’s Brush Factory [PlanPhilly]
• Penn expands homeownership incentive program for its workers [Business Journal]
• Chesco solar plan pits green against green [Inquirer]