Township Weighs Cell Tower Lease with Rise Up Towers
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Description
Lower Gwynedd Township is considering final approval of a ground lease with Rise Up Towers, LLC to site a cell tower in the Penllyn Woods Park maintenance area. The lease provides a 1,024 square foot compound, rent equal to 40% of subtenant gross rent, and a $2,500 processing fee, for an initial five-year term with multiple renewal options.
Contract Details
Contract Amount
40% of gross subtenant rent; $2,500 one-time processing fee
Vendor
RISE UP TOWERS LLC
Agency
Town of Lower Gwynedd, PA
Contract Type
FACILITIES
Document Date
April 12, 2026
Contract Term
Initial 5-year term from Commencement Date, with four 5-year renewals and one 4-year renewal
Renewal Info
Automatically renews for up to four additional 5-year terms and one 4-year term unless not renewed or terminated as provided in the lease.
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More from Town of Lower Gwynedd
Lower Gwynedd Township Board of Supervisors Regular Public Meeting Agenda 2026-05-26
Lower Gwynedd Township Board of Supervisors Regular Public Meeting Agenda 2026-05-26
Lower Gwynedd Township Board of Supervisors Regular Public Meeting Agenda 2026-05-26
Lower Gwynedd Township Board of Supervisors Regular Public Meeting Agenda 2026-05-26
Lower Gwynedd Township Board of Supervisors Regular Public Meeting Agenda 2026-05-26
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