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455 Delaware Drive Property Description:

  • Ownership: Bucks County Water & Sewer Authority

  • Contact:

  • Parcel Size: 3.35 acres

  • Building Size: 1,590 square feet

  • Current Use: Wastewater Treatment Facility

  • Current Tenants:

  • Assessed Value: $387,810

455 Delaware Drive, owned by the Bucks County Water & Sewer Authority, is located in the severely flood- prone central portion of the FWOP. Because the property is a wastewater treatment plant owned by a public entity, we are assuming that it will remain in the current location.

500-510 Pennsylvania Avenue Property Description:

  • Ownership: Cleo-Mar

  • Contact:

  • Parcel Size: 4.99 acres

  • Building Size: 16,166 square feet

  • Current Use: Car Dealership

  • Current Tenants: West German BMW

  • Assessed Value: $2,273,000

500 Pennsylvania Avenue is the West German BMW car dealership, and 506 and 510 Pennsylvania Avenue are both vacant lots owned by the dealership. Although it’s located in the existing 100-year floodplain, the property is expected to be in the 25-year floodplain and still considered highly flood-prone upon completion of the dams. The property received extensive damage from Hurricane Floyd, which literally washed cars off the lot, as well as more recent storms. Notwithstanding, the owner has made significant investments in the property after moving there in 1999 because of its key location at the entrance to the PA Turnpike. Numerous unsuccessful attempts were made to contact a representative at the dealership. However, because of the move and investment in the property, we are assuming the owner intends to remain at the current location.

515 Pennsylvania Avenue Property Description:

  • Ownership: HRPT/HUB Properties Trust

  • Contact: Patrick Brady (broker)

  • Parcel Size: 4.42 acres

  • Building Size: 83,998 square feet

  • Current Use: Office

  • Current Tenants: Amtech, Futura, Chariot Solutions, Focus Forward

  • Assessed Value: $10,538,700

Technical Memorandum #1UDT: Characteristics of Flood-Prone Parcels

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