BPG plans three phases of development on a speculative and build-to-suit basis that will culminate in a multi-building office/R&D complex with an aggregate of approximately 475,000 sf. It will begin roadway and infrastructure development this spring.
Phase I, New Britain Corporate Center, will consist of three two-story office buildings totaling 154,000-sf on three separate lots with frontage along Country Line Road. Plans are fully approved by the township and BPG is set to break ground as soon as a built-to-suit or pre-lease prospect is secured.
Phase II, New Britain Science & Technology Center, will contain four buildings totaling about 160,000 sf of office and laboratory space.
Phase III, New Britain Corporate Commons, is designed to accommodate 10 single-story, build-to-suit facilities surrounding a central courtyard. This site is next to the Phase I corporate center and will have an aggregate of approximately 150,000 sf.
New Britain Township has seen a 30% population increase over the past decade, and household incomes there exceed the U.S. average. BPG's property is near the intersection of County Line Road and U.S. 202 where a bypass is planned between Doylestown and Montgomeryville, PA, routes 611 and 309, respectively, which will provide even greater access to Philadelphia and the surrounding areas.
John Shelly of the locally based office of The Trammell Crow Co. is sales and leasing agent for the center.
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