16 May Tim Pasch Once Again Recognized Among CPBJ’s Construction and Real Estate Power 30 List
We are proud to share our owner, Timothy F. Pasch, has once again made Central Penn Business Journal’s Construction and Real Estate Power 30 List. The impressive list recognizes companies and its leaders who have persevered through the volatile times the industry has seen due to the pandemic.
According to CPBJ, “the evolving pandemic, along with issues with supply chains, soaring prices and work force” have created challenges for those in construction and real estate. The publication credits the leadership of its top 30 companies for navigating these unfamiliar times with tenacity and agility, allowing them to continue to “shape our communities and influence our quality of life.”
Pasch Company History
Tim Pasch founded Pasch Companies in 1990 and has since grown the company into a full-service commercial and residential real estate investment and development company, developing several million square feet of real estate, with a combined total sale of more than $500 million.
Freedom Square
In the midst of the pandemic, Tim kept his sites set on a project that has been years in the making—Freedom Square. The master planned community in Conewago Township, York County, encompasses a town-center experience which includes both residential and commercial development programs with extensive outdoor recreational amenities.
As a result of the development, an estimated 4,939 temporary construction jobs will be supported, and at full-build-out, Freedom Square is expected to create nearly 1,583 new, permanent jobs. In addition to the job opportunities, the community is expected to bring in an estimated $21.2 million in annual property tax revenue at full build-out.
Phase one of Freedom Square, which includes infrastructure improvements, and the development of single-family and active adult homes is on target to begin later this year.
Bentley Farms Event Venue
In conjunction with the work underway for Freedom Square, Tim is also launching another massive project which promises to deliver York’s most exciting and newest event venue for weddings, corporate events, and other special celebrations.
York County’s hidden gem centers around an 1820’s farmhouse and barn which is being restored to its original, rustic beauty. Surrounded by 12-acres of rich, landscaped gardens and grounds, a picturesque pond and bridge, natural stone fireplaces and more, York’s most anticipated event venue boasts indoor and outdoor space that can accommodate up to 300 guests. On site accommodations, a bridal suite, and groom’s quarters round out this space that will be a place for fairytale weddings and happy memories.
Tours are underway now and the site is set for its first event in October of 2022.
Other Recent Projects
Other notable projects for Pasch Companies include Market Street Commons, a mixed-use development with townhomes, retail, a hotel, and convenience store; Lincoln Pines, a luxury townhome community in East York; and the Paddock, an active 55+ lifestyle community.
Construction and Real Estate Power 30 List
Tim is extremely humbled to be recognized by Central Penn Business Journal and says the credit should also go to the amazing team that surrounds him and who supports the company’s efforts. “Without the entire team, we wouldn’t be able to talk about all these amazing projects that will have such an incredible impact on our community. I am blessed to have employees with such great work ethic, wonderful values, and who I consider family.
When we have a success within the company, we celebrate together. This is a time for celebrations as we have so many exciting projects in the works. On that note, stay tuned for employment opportunities within the company!”
When asked about his success by CPBJ, Tim also credited his parents for his success today. “My father, Ken Pasch, was an amazing man and my best friend. I watched how hard both he and my mom worked to raise eight children. They taught us so many great values, to be independent, and to follow our Lord. We know ‘who you become is infinitely more important than what you do or what you have’.”
When asked by Central Penn Business Journal what advice he would have for young people entering his field, he had this to say:
“I learned this a long time ago and it helps me every day. It requires zero talent, and yet it will get you to where you want to be in life—be on time, be prepared, have a great work ethic and attitude, and put forth maximum effort—those characteristics can take you anywhere.”