For many residential real estate investors, a change in public transportation can have a major impact on an area. One has to look no further than the impact, the PATCO high-speed line has had on a number of South Jersey towns since it’s opening in 1969.
Recently, we’ve heard a number of investors who are interested in the impact the proposed extension of the Norristown high-speed line into King of Prussia could potentially have.
Investors in the Montgomery County and Chester County areas could also see a potential impact of mass transit on real estate in the form of a new train station being added to East Whiteland Township.
Next Wednesday from, February 27, 2019, from 6:00 PM to 7:00 PM, a Public Open House is being held by the East Whiteland Planning Commission at the East Whiteland Township Municipal Building.
The Delaware Valley Regional Planning Commission (DVRPC), in partnership with SEPTA, Chester County, and other partners, is developing the East Whiteland Train Station Feasibility Study. This study will evaluate potential sites for a new SEPTA Regional Rail station in East Whiteland Township, as a followup to the Route 30 Corridor Master Plan and previous planning efforts. Learn more and share your input! Stop by the Open House between 6:00 PM and 7:00 PM and stay for a brief presentation at the beginning of East Whiteland Township’s Planning Commission meeting at 7:00 PM.
Interested investors should keep an eye out on what comes out of the Public Open House, and going forward as it could make for some potential excellent real estate investment opportunities.