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Upper Dublin narrows transportation facility search to two off-market sites; board told further steps would be executive session
Summary
District staff said a broker helped evaluate 15 properties and two remain viable for a new transportation facility; neither is on the market and any outreach would begin with a nonbinding letter of intent and likely executive-session negotiations.
Upper Dublin administrators told the Feb. 18 Finance Committee they have narrowed a multi-year search for a permanent transportation facility to two potential off-market opportunities after reviewing 15 candidate properties with broker Avison Young.
Andy told the committee the district has leased its current facility at 275 New Jersey Drive since 2008 at a cost of about $500,000 per year and needs a property of roughly…
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