Abington Township AgendaPacket Board of Commissioners Regular Public Meeting 2026-05-28
Township Plans $3M Purchase of Hospital Properties
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Description
Abington Township plans to purchase multiple Abington Memorial Hospital-owned properties on Old York Road and Horace Avenue for $3,000,000 under a negotiated Purchase Agreement. The transaction includes a due diligence period through July 15, 2026 and is expected to close by July 30, 2026 via deed in lieu of condemnation.
Contract Details
Contract Amount
$3,000,000
Vendor
ABINGTON MEMORIAL HOSPITAL PROPERTY DEPARTMENT
Agency
Abington Township Industrial And Commercial Development Authorit, PA
Contract Type
FACILITIES
Document Date
May 27, 2026
Contract Term
Closing on or before July 30, 2026; due diligence period through July 15, 2026
Renewal Date
2026-07-30
Renewal Info
Real estate purchase is a one-time acquisition with no renewal; closing targeted by July 30, 2026 following due diligence and condemnation-related procedures.
More from ABINGTON MEMORIAL HOSPITAL PROPERTY DEPARTMENT
Related Contracts
Issuing Agency
Abington Township Industrial And Commercial Development Authorit
Special District
Jenkintown, PA
More from Abington Township Industrial And Commercial Development Authorit
Abington Township Board of Commissioners Regular Public Meeting Agenda 2026-05-28
Abington Township AgendaPacket Board of Commissioners Regular Public Meeting 2026-05-28
Abington Township AgendaPacket Board of Commissioners Regular Public Meeting 2026-05-28
Abington Township Board of Commissioners Regular Public Meeting Agenda 2026-05-28
Abington Township Board of Commissioners Regular Public Meeting Agenda 2026-05-28
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