As the largest center of employment in suburban Philadelphia, King of Prussia is as business friendly as it gets. KOP has low business taxes, low real estate taxes and no wage tax.
King of Prussia is an economic powerhouse with a very exciting future. From Children’s Hospital of Philadelphia’s new inpatient hospital, to Topgolf and the bustling Village at Valley Forge, there are approximately $3B in development projects underway, in the pipeline or recently completed.
With 180,000 SF of meeting space and nearly 2,600 guest rooms, King of Prussia is home to the Philadelphia suburban region’s largest collection of hotel offerings. Transform every business meeting into one-of-a-kind experience that only KOP can make possible.
Serving as the region’s new downtown destination, the 260,000 SF King of Prussia Town Center welcomed six (6) new tenants in the last year alone. Town Center attracts thousands of shoppers and diners daily and is projected for even greater growth with nine (9) new luxury multi-family communities leasing up quickly in the neighboring Village at Valley Forge — with more projects scheduled.
The healthcare boom shows no signs of fatigue as King of Prussia is quickly becoming the epicenter for gene therapy innovation. The Center for Breakthrough Medicines has signed a long-term lease for 680,000 SF at The Discovery Labs and plans to hire 2,000 PhD scientists, manufacturing experts, lab technicians and support staff.
KOP Rail, a proposed 4.5-mile extension of SEPTA’s existing Norristown High Speed Line, will attract and connect a broader pool of quality employees to employers and connect the region’s three largest employment centers: Center City, University City and King of Prussia.