Montgomery Country had a banner year last year, constructing 2.26 million square feet of non-residential development according to the Montgomery Country Planning Commission.
From the Philadelphia Business Journal:
“This was a banner year,” said Daniel Farina Jr., senior county planner. “The only other year similarly high was 2016. If you go back further, it was in the ‘90s when the county was building big office parks and beyond the bedroom communities.” …
Last year, office construction “roared back,” Farina said. It was the most robust area of commercial development with 863,932 square feet of new space coming on the market, which was the most in years. The addition of Sora West and Seven Tower Bridge in Conshohocken accounted for most of the new office space. Included in the figure is a 102,279-square-foot addition that SEI completed on its Oaks campus.
While offices are influx as a result of the pandemic and hybrid work, the addition of nearly 1 million square feet underscores a continued need for new office space, Farina said.