KoP Rail Could Add Nearly $1B in Real Estate Value: Study | NBC 10 Philadelphia

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KoP Rail Could Add Nearly $1B in Real Estate Value: Study

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    SEPTA

    The addition of rail into King of Prussia could add an estimated $540 million to $946 million to the assessed value of existing real estate in that section of Upper Merion over two decades and encourage developers to construct upwards of 8 million square feet of new space valued at $840 million, according to a study of the proposed project.

    The rail line could also alleviate long, frustrating hours spent slogging slowly along the Schuylkill Expressway where rush hour is seemingly every hour these days. For that, there is no number but it's sure to be of tremendous, unquantifiable value.

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