au.d. it~ UI 1 ACT tu..~the Wt.~ASU~TAX UL%SE

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1 West Chester Area chool District Dr. Janet P. haner, uperintendent U ciai T.UI.I..Y Of 1)..EVEL..[OP]...I ~ ::T au.d. it~ UI 1 ACT tu..~the Wt.~AU~TAX UL%E Prepared by: uzanne K. Moore, Director ofbusiness Affairs 3/1/99

2 CURRENT.: ::~:.:i:::::::.:::::::~~.. 0 fl DATA COMMERCIAL & INDUTRIAL P R 0 P E R T I E

3 ci)~ o ~ c E E ~ U) D o c~ D ~ D~D C a) E U, U, 0) U, U, 0) V ct 0 C) E E 0 C C 0 C) I GO C, cti C) D U) C)

4 West Chester Area chool District Assessment Commercial 16.34% Farm Vacant 2.1% 0.44% Industrial 2.4% Residential 78~18% 2 ~rn Commercial Farm ~ Industrial E Residential Vacant

5 WET CHETER AREA CHOOL DITRICT INDUTRIAL AND COMMERCIAL PROPERTY IN CHETER COUNTY INDUTRIAL QUARRIN~LANDF~LL BURIAL GROUND! MAUOLEUM MOBILE HOME PARK (4+) HEAVY INDUTRIAL MOTEL/HOTEL NURt JG HOME GA TATION COMMERCIAL OBY ONLY RECREATION (PRWATE) -H ENTERTAJNMENT & RECREATION -~ BANK, &Ls -1 PRWATE CHOOL OFFICE C(~ 4DO CONOOMINU~4OFFICE COMMERCIALGARAGE/HOP,CAR DEALER RETAURANT, RETAIL TORE UGHT INDUTRIAL W~ARB~OUE fk)ppt~gcei41er OFFICE BLDG.LAB,LIBRARE AEMENT (MILLION)

6 WET CHETER AREA CHOOL DITRICT ANALYI OF TAXABLE COMMERCIAL AND INDUTRIAL REAL ETATE (N CHETER COUNTY LAND UE CODE LAND UE DECRIPTION # OF PROPERTIE AEMENT TOTAL MILLAGE = TAXE AVERAGE TOTAL AVERAGE ClO BANK,&Ls 23 17,80, , ,826 8,297 C20 GATATION 32 10,384, ,30 111,01 3, ,677,20 469,233 1,193,833, ,413,460 2,137,820 68,60 22,83 C30 RETAURANT,RETA!LTORE C40 MOTEL/HOTEL C41 NURINGHOME C0 HOPPINGCENTER C60 2 7,493,20 3,746,62 80,103 40, ,28,460 7,826,423 1,673,289 83,664 OFF1CEBLDG,LAB,UBRARIE ,936,000 96,308 3,06,66 10,223 C6 CONDOMINIUMOFF1CE 28 40,490,960 16, ,848 1,678 C67 OFFICE~COMMONLAWCONDO~ ,988, , ,36 1,312 C70 COMMERCIALGARAGE/HOP/CARDEALER ,772,00 484,310 73,173,177 C80 WAREHOUE ,444,900 1,030,44 1,608,26 11,01 C90 ENTERTAJNMENT&RECREATION 11 14,30,90 1,300,41 12,931 13,903 C91 RECREATION(PRIVATE) 1 13,667,70 911, ,106 9,740 C92 MOBILEHOMEPARK(4+) 2 1,747, ,740 18,681 9,340 C93 BUR!ALGROUND/MAUOLEUM 2 1,72,30 786,26 16,810 8,40 C9 PRIVATECHOOL 8 18,480,980 2,310, ,62 24,69 C96 COMMERCIALOBYONLY 10 12,806, , ,906 1, O.O43~92O (HED, BARN, POOL,GARAGE, ETC.) TOTAL COMMERCIAL PROPERTIE L4ZZ M1O HEAVYINDUTRIAL. 4 2,2, ,200 27,289 6,822 M20 UGHTINDUTR~AL ,281,690 1,24,273 1,31,681 16,294 M30 INDUTRIALQUARRING/LANDFILL 1 1,382,770 1,382,770 14,782 14,782 i i.896 TOTAL INDUTRIAL PROPERTIE TOTAL CHETER COUNTY i J

7 WET CHETER AREA CHOOL DITRICT CURRENT COMUERCtAI AND INDUTRIAL REAL ETATE (MAJOR PROPERTIE) AEMENT TOWNHIP CORPORATE PARK GOHEN CORPORATE PARK GOHEN EXECUTIVE CENTER GOHEN CORPORATE PARK WET BRANDYWINE INDUTRIAL PARK BRANOYWINE INDUTRIAL PARK 30,400,000 QVC (IN GOHEN CORP. & BRANDYWINE INDUTRIAL PARK) DEERRUN INDUTRIAL PARK CARTER INDUTRIAL PARK OAKLAND CORPORATE CENTER 37,700,000 CLOVER MILL BUINE PARK WHITELAND BUINE PARK EXTON CORPORATE PARK GLENLOCH I AND II CORPORATE PARK EXTON COMMON OFFICE CAMPU WErrOWN BUINE CENTER 4,900,000 18,000,000 11,900,000 4,300,000 7,800,000 9~2OO,OOO 78,100,000 9,800,000 18,700,000 32,100,000 19,600,000 7,700,000 6,600,000 E. GOHEN E. GOHEN E. GOHEN E. GOHEN W. GOHEN E. & W. GOHEN W. GOHEN W. GOHEN W. WHifELAND WETTOWN MAJOR BUINEEI CORPORATiON NOT IN CORPORATE PARK PFIZER INC. CHETER COUNTY HOPITAL PYLE CORPORATION DEVEREUX CORPORATION ROY F. WETON BRANDVW~UEHALL WYETH LABORATORIE ~ 8,800,000 14,100,000 13,00,000 10,300,000 9,100,000 0,800,000 7,300,000 E.GOHEN W. GOIIEN W. GOHEN 1W. GOHEN W. WHifELAND E. BRADFORD W.C. BORO HOPPING CENTER GOHEN HOPPING CENTER WET GOHEN HOPPING CENTER PARKWAY HOPPING CENTER TOWN & COUNTRY HOPPING CENTER BRADFORD PLAZA % 7,800,000 12,700,000 7,200,000 WHIrELAND TOWN CENTER FAIRFIELD PLAZA EXTON QUARE MALL ONCLUDE TRAWBRIDGE) 2,000,000 EXTON PLAZA 3,900,000 ~40O,OO0,100,000 E. GOHEP4 W. GOHEN W. GOHEN W. GOHEN E BRADFORD W. WHJTELAND 19,400,000 46,00,000 FETIVAL HOPPING CENTER MARKETPLACEHOPPING CENTER WETTOWN VILLAGE HOPPING CENTER 12,00,000 GAY TREET PLAZA 2,800,000 PENHOAK HERHEY MILL WHITFORD COUNTRY CLUB WET CHETER GOLF & COUNTRY CLUB ICEUNE KATING RINK 4,800,000,200,000 THORNBURY E. GOHEN W. WHrTELAND W. CHETER BORO W. GOHEN KIRKW000 FITNE CENTER 8 4,200,000 WETTOWN 8,700,000 6,700,000 WE1TOWN WETTOWN W.C. BaRb GOLF COURE / RECREATION CENTER 2,00,000 1, ,000,000

8 WET CHETER AREA CHOOL DITRICT ANNUAL GROWTH IN REAL ETATE AEMENT (MILLJON) O~O N 0~~ L 0 0,) Co a) a, 1~ C) 0) 1~ I 0 a) 0~ 0) 1~ 6 0~ 0) 0) 0 0 I I 0) 0)

9 1 0V~/N H I P 1~1A P of COMMERCIAL & INDUTRIAL AREA

10 .7,. 7

11 8

12 I

13 10

14 r FUTURE D E V E L 0 P M E NT P R 0J E C T I 0 N ~ A

15 WET CHETER AREA CHOOL DITRICT PROJECTION OF FUTURE COMMERCIAL AND INDUTRIAL DEVELOPMENT* ( MILLION) *(BAED ON PROPERTIE NOT ON DITRICT TAX ROLE A OF JULY 1, 1998) TOTAL VALUE OFPROJECT IMPACT TO AEMENT YR EAT GOH EN TOWNHIP PFIZER INC. PROPERTy ATRA PHARMACEUTICAL HQTR Q FT ON 312 ACRE PROPERTY HICK FARM DEVELOPMENT DEV. OF 76 ACRE OF HICK FARM (APPROX O FT OF OFFICE PACE) 6.0 HERHEYMILL Q. FT. HOPPING CENTER ZEKAJRDRYER 76,000 Q FT. BDLG. 7.6 REMAININGLOT 6LOTON24ACRE: QFT.INDUTRIAL/OFFICEPACE 20.0 LOT ON 18.7ACRE: Q. FT. INDUTRIAL/OFFICE PACE , GOHEN CORPORATE PARK WET 7.6 GOHEN CORPORATE PARK REMAINING LOT BRANDWV1NE INDUTRIAL PARK MAR PROPERTY 6 ACRE OUT OF 30 REMAIN FOR DEV.: APPROX 4,000 Q. FT OF OFFICE PACE PRENNI PROPERTYDEV. CO. 23 ACRE FORDEV.: APPROX Q. FT OF OFFICE PACE 20.0 REMAININGLOT 7LOT ON 46ACRE;APPROX. 30,000 Q. FT. OFCOMMERCIALPACE PARKVALLEYCORPCENTER Q.FT.BUILDING ORURYDEV.ATGREENHILL 13LOTAT2TO3ACRE:APPROXIMATELY8O,000Q,FT, GOHENBUINEPARK GIUNTADEVELPMENT: 37ACRE REMAINING, Q. FT ~ERREHLAN ETATE 430 ACRE (CURRENTLY ZONED REIDENTIAL), WET GOHEN TOWNHIP BRAND YWNE F JDUTRI.AL PARK TERAMCPROPERTYcOMPP,NY BUILDTOUITITEON43ACRE(ET3O.000QFT.) 11

16 WET CHETER AREA CHOOL DITRICT PROJEC11ON OF FUTURE COMMERCIAL AND INDUTRIAL DEVELOPMENT* ( MILLION) *(BAED ON PROPERTIE NOT ON DITRICT TAX ROLE A OF JULY 1, 1998) TOTAL VALUE OFPROJECT IMPACT TO AEMENT ~ WET WHITELAND TOWNHIP CLOVER MILLBUINE PARK 4 LOT REMAIN O FT. OF OFFICE BUILDING EXTON CENTER (VVAL-MART) Q. FT. MIXED UE DEV. ON 12 ACRE 80.0 GLENLOCH CORPORATE CAMPU 1.1 MILLION Q FT. BUINE PARK ON 126 ACRE CHURCH FARM CHOOL 1.7 MILLION Q. FT. INDUTRIAL PARK (RUBENTEIN CO. DE~ TARGET AND AT UNRIE LIVING Q. FT. RETAIL TARGET TORE &,000 Q. FT. APARTMENT 17.8 GRIMMET AT OAFQAND O. FT. OFFICE/INDUTRIAL UBDIVIION 20,0 2,0 EXTON QUARE MALL 1.14 MILLION Q. FT. EXPANION HANKIN OFFICE BUILDING O. FT OF OFFICE PACE ON 12. ACRE ITE 1 3,0 FRAMEPROPERTy UPERFUND he TO BE DEVELOPED: 300,000 Q FT CFM TEcHNOLCOIE 140,000 OFT OFFICE BDLG DOPACO. INC Q FT OFFICE BDLG REMAINING LOT Q. FT. OFFICE BDLG AUTOMATED FIN. VCE. LAND DE\/. 3,000 OFT. OFFICE BUILDING LOT 11 & 28 40,000 Q FT. OFFICE BUILDING (9) ACRE ZONED PRD3 FOR HOUING OR COMMERCIAL DEVEMNT 200 ACRE ZONING FOR INDUTRIAL/APARTMENT/MOBIL HOME , , ,0. OPJ<LAND CORPORATE PARK 20.0 WHIIELAND BUINE PARK THORNBURY. DELAWARE COUNTY CHERRYITER PROPERTY ORAC PROPERTY TOTAL

17 WET CHETER CHOOL DITRICT PROJECTiON OF TOTAL REAL ETATE AEMENT GROWTH REIDENTIAL ~COMMERCIAL& INDUTRL~LJ (0 13

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