Jerry Andree, Township Manager

Jerry Andree, Township Manager

No level of government has more impact on daily life than local government. That’s why my colleagues and I at Cranberry Township are passionate about pushing the limits of excellence to provide the best possible services to our residents and customers. However, being well-served is not a passive achievement; it is a collective undertaking. Through this blog, we offer our personal reflections on that assignment. And we hope it will help engage you in joining us on that same collaborative mission.

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Jul 05

Cranberry Woods sale confirms the value of planning

Posted on July 5, 2011 at 11:26 AM by Jerry Andree

Late last month, the entire Cranberry Woods Business Park complex, except for its Westinghouse, MSA and Regional Learning Alliance campuses, was sold to a Pittsburgh-based investment group. Altogether, it included 460,000 square feet of office space, and it sold for $89.5 million. If you do the math, that’s a little more than $185 per square foot. But, according to the Pittsburgh Business Times, the average price per square foot for suburban Class A office space in western Pennsylvania today is just $90, and in downtown Pittsburgh it’s $67. That’s a huge difference, and it didn’t simply happen. Way back in the early ‘90s, our Board of Supervisors worked with MSA on creating the vision for a world-class business park capable of competing with the Carolinas for knowledge-based industries. It became part of our 1995 comprehensive plan. And over the following years, we worked hard to implement that plan. I think it’s fair to say that the recent sale of Cranberry Woods validates the merit of formulating a vision and following it through.

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