From Montgomery County Deputy Chief Operating Officer Steve Nelson:
The County is working on completing the section between the Oaks railroad bridge (over the Perkiomen Creek) and the new Longford Road parking lot. It will hopefully be done by April. From there, there will be local roads with share-the-road signage to the Route 29 bridge.
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The County is currently planning to upgrade the Schuylkill Canal towpath which will be a cinder path going west to the Route 29 Bridge for an offroad route to Phoenixville. That project is currently in the early stages of design.