The Poconos have changed so much for the better since its heyday a few decades ago. What has changed in particular is that aside from the resurgence of the booming tourism sector there are viable non-tourism related employers that have long- term plans to stay and grow. In the last decade alone, the Pocono area has seen tremendous expansion of the health care sector, in particular the Pocono area is now serviced by more than one major provider. As it currently stands, there are three major health systems that have a presence in the Poconos: Pocono Medical Center, St. Luke’s Hospital Network, and the Lehigh Valley Hospital Network. For a population that hovers somewhere between 150,000 to 180,000 people, this is quite impressive.
For many years, the health care sector in the Poconos was dominated by Pocono Medical Center. However, as many more people fled the high taxes and high cost of living of New York and New Jersey, it became evident that either Pocono Medical Center had to expand more rapidly or there would be a lurking competitor(s) ready to enter the market. The result was that the commercial real estate construction sector exploded with very rapid growth, with much of the construction attributed to health care sector related building projects. On a drive through the Poconos, take a look at the companies that advertise on highway billboards. Many of them are in fact health care based providers. Of course, as there is proliferation of one sector, there will be positive spillover effects towards others. The tourism sector had already been established well before the realization of population growth and health sector development. However, other sectors have been slow to adjust. For example, finding decent restaurants or even in some cases any restaurant in the Pocono area was surprisingly challenging for many years. While concentrated in certain towns like Stroudsburg and Tannersville, there were big gaps of very little to no options to eat in the majority of other towns. Even the lodging sector had been slow to adjust. With the construction and success of Mount Airy Casino and the newly built Kalahari Water Park and Resort, instantly there were more hotel rooms available. However, not everyone wants to stay in a casino or a resort. To really become a center for tourism and business, there have to be alternatives. What the Poconos is truly lacking are some higher end quality hotels with their own restaurants and ambience. If there are any long-stay hotels in the area, there are certainly not enough. It is not even that clear if any of these hotels were even built recently. At least with a long-stay hotel, those businesspeople who have vast territories or businesses to solicit can come back to the peace and quiet of a non-themed lodging option. Dinner at one of the now multiple dining options throughout the Poconos can now end with a gorgeous, spacious, and comfortably insulated room facing the Appalachian Mountains. Think of the hotel that you can offer travelers where there are over 100 acres of wooded and cleared land with fresh Pennsylvania mountain air to safely and leisurely walk after a long day of work or touristic fun—of which being a tourist can be work, too! While building your own reputation as a long-stay for businesspeople or for families or couples that like to be treated with a more regal touch, there are also plenty of opportunities to partner with Mount Airy Casino or Kalahari to take overflow traffic. How about putting that gorgeous land to go use? Just for fun, and because the sector is very competitive, your long-stay hotel can actually be a wedding destination for newlyweds who want the natural setting, the view, and the centrality that no other location can offer. It does not even have to be a core part of your business plan. However, the Paradise Golf land has undeniable beauty and unrivaled location. As you have read, there are many reasons why your next construction building project should take place here on the Paradise Golf land. We encourage you to take a closer look at our fine property and make the move now! Your next great investment does not have to be in New York, Los Angeles, Phoenix, Dallas, Chicago, or Boston. The Poconos awaits you with open arms! Come and be embraced!
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June 2017
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