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Montgomery County Looks to Sell One Montgomery Plaza

Montgomery County officials want to sell One Montgomery Plaza. Last week, the County Commissioners issued a request for proposals from real state management companies that would buy the multi-story building and lease it back to them. The principal office building of the county is in need of as much as 18-million dollars in repairs and county officials say the sale-lease back option would allow them to swap the capital cost involved with the renovations for a monthly rent payment. Commissioners Chairman, Josh Shaprio says, it’s an idea worth looking at.


“We think there’s some scenarios out there where the county taxpayers could actually be better off in a sale-lease back situation. It’s important to note that other municipalities have explored this. We’ve seen Chester County do this.”


Shapiro also notes that selling the building would put it back on the tax rolls and generate additional revenue for both Norristown and Montgomery County

WNPV AM 1440 As you plan your holiday shopping, think about the "Top 10 Reasons to Support Locally Owned Businesses" from the Institute for Local Self-Reliance (www.ilsr.org): Environmental Sustainability. Local stores help to sustain vibrant, compact, walkable town centers which in turn are essential to reducing sprawl, automobile use, habitat loss, and air and water pollution. "Shop Locally for the Holidays!"
Institute for Local Self-Reliance ilsr.org Building Community, Strengthening Economies
WNPV AM 1440 As you plan your holiday shopping, think about the "Top 10 Reasons to Support Locally Owned Businesses" from the Institute for Local Self-Reliance (www.ilsr.org): Competition. A marketplace of tens of thousands of small businesses is the best way ensure innovation and low prices over the long-term.
Institute for Local Self-Reliance ilsr.org Building Community, Strengthening Economies
WNPV AM 1440 As you plan your holiday shopping, think about the "Top 10 Reasons to Support Locally Owned Businesses" from the Institute for Local Self-Reliance (www.ilsr.org): Product Diversity. A multitude of small businesses, each selecting products based, not on a national sales plan, but on their own interests and the needs of their local customers, guarantees a much broader range of product choices. "Shop Locally for the Holidays."
Institute for Local Self-Reliance ilsr.org Building Community, Strengthening Economies
WNPV AM 1440 Tune in tonight at 7:55 PM for WNPV's first broadcast of the year of Gwynedd Mercy University Men's basketball.
WNPV AM 1440 Big sports weekend coming up! Start tonight with Downingtown East at Quakertown high school football at 6:30 PM. Tomorrow, we have Temple at Penn State starting at 10:30 AM (sorry, no "Premium Adjustment" this month! :(), followed by the final NASCAR Nationwide Series race, joined in progress. Sunday, it's the final NASCAR Sprint Cup race with the crowning of this year's Champion, starting at 2 PM. So stay tuned to 1440 AM all weekend ... or listen live online at www.wnpv1440.com.
WNPV AM 1440 High School football tomorrow night on WNPV: Downingtown East at Quakertown at 7 PM. Tune to 1440 AM or listen live online at www.wnpv1440.com.

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