Deficit To Get Millions Worse In Future, Reading City Council Told

A 1947 topographic map of the Reading, Pennsyl...

A 1947 topographic map of the Reading, Pennsylvania area. (Photo credit: Wikipedia)

City Controller Christian Zale on Monday pressed his case, again, to City Council: Unless the city makes some drastic changes, it’s facing a $35 million cumulative deficit by 2017.

However, those changes can’t include bigger property tax hikes; Zale said his projection already assumes the city raises the property tax by 5 percent in each of the next four years.

But he said the tax increases cut the deficit by only $10 million.  Without them, the deficit rises to $45 million.

“Me being conservative, I tried to be as gloomy as I could,” Zale told council.  ”And quite frankly, I don’t want to hear (that) we’ll approach that and try to solve it when that time comes.”

Read more:  http://readingeagle.com/article.aspx?id=479276

Birdsboro Mayor Takes Grocery Store Effort To The Streets

Map of Berks County, Pennsylvania, United Stat...

Map of Berks County, Pennsylvania, United States with township and municipal boundaries (Photo credit: Wikipedia)

BIRDSBORO – Mayor Robert M. Myers is very serious about getting a grocery store back in this community of 5,200 residents.

And while there is still a long way to go, Myers has gotten some results – with the help of more than 1,300 residents who have signed a petition.

So far, representatives from what Myers called a “full service, regional chain” have made three separate site visits to the borough to look at the property on Chestnut Street, the site of the former Birdsboro Market, which closed in 2011.  The most recent visit was just this week.

And while the name of the chain is not being shared at this point, Myers said he remains optimistic about the project.

Read more:  http://business-news.thestreet.com/the-mercury/story/birdsboro-mayor-takes-grocery-store-effort-the-streets/1

PNC Bank To Close 10 Branches In Pittsburgh Region

PNC Bank will close 10 more branches in the region within the next 90 days as part of an effort to cut costs and focus on serving customers who increasingly are banking online and via smartphones.

The closures, which include the last remaining bank branch in the city of Clairton, come on top of four other branches shuttered earlier in the year.

Spokeswoman Marcey Zwiebel declined to say how many more branches in the region might be closed this year, saying decisions beyond 90 days may not be final.

Pittsburgh‘s biggest bank has said it planned to close about 200 branches this year across its footprint in 19 states and Washington, D.C., which is about 7 percent of its network of roughly 2,900 offices.  The bank closed 65 branches last year.

Read more: http://www.post-gazette.com/stories/business/news/pnc-bank-to-close-10-branches-in-region-687669/#ixzz2TQEP42Sq

Downtown Pittsburgh Building Boom Shows No Signs Of Letting Up

Pittsburgh Downtown at Night

Pittsburgh Downtown at Night (Photo credit: Wikipedia)

The development boom in the city center is showing no signs of abating.

Whether it’s in urban living, where three-quarters of the residents are relative newcomers, or light-rail transit usage, which saw an increase last year thanks to the new North Shore Connector, or reports of yet another hotel in the works, Downtown’s fortunes continue to be on the rise.

At least that appears to be the case based on a new Pittsburgh Downtown Partnership report measuring economic activity in and around the Golden Triangle last year.  The “State of Downtown Pittsburgh 2013″ details a number of encouraging trends, from the widely reported bump in residential and office space demand to an increase in the number of building permits issued for improvements last year.

Overall, the partnership counted 60 projects totaling more than $2.2 billion that have been announced or are under construction in the city’s core and fringes, including the 33-story, $400 million Tower at PNC Plaza on Wood Street, which is scheduled to open in the summer of 2015.

Read more: http://www.post-gazette.com/stories/local/neighborhoods-city/downtown-pittsburgh-building-boom-shows-no-signs-of-letting-up-687244/#ixzz2TBe3tPvI

$2.3M Restoration Of Frick’s Lock Village Unveiled

Map of Pennsylvania highlighting Chester County

Map of Pennsylvania highlighting Chester County (Photo credit: Wikipedia)

EAST COVENTRY TOWNSHIP, PA — In its heyday, Frick’s Lock Village was one of dozens of stops along the Schuylkill Navigation for coal making its way from the coal regions and the river’s headwaters to energy-starved industrial cities like Philadelphia.

But it lost its economic lustre when the railroads took over the job of carrying the coal and it slipped from public view entirely in 1969, when it was purchased by PECO as part of the construction of the Limerick nuclear plant.

But it never slipped entirely from memory, at least not for people like Bill Carl, who lived in the former locktender’s house in the late 1930s, when it had no electricity and no plumbing.

“We rented this from the Reading Railroad Co. for $5 a month,” he said.

Read more:  http://www.pottsmerc.com/article/20130512/NEWS01/130519819/-2-3m-restoration-of-frick-s-lock-village-unveiled#full_story

Route 422 East Reopens After Bomb Scare At Wawa Amity (video)

Westbound U.S. Route 422 (Benjamin Franklin Hi...

Westbound U.S. Route 422 (Benjamin Franklin Highway) approaching the intersection with Pennsylvania Route 662 in Douglassville, Pennsylvania. (Photo credit: Wikipedia)

DOUGLASSVILLE, PA - The Wawa on Benjamin Franklin Highway was closed for over an hour on Friday night while police investigated a possible bomb threat.

It turns out, the threat was a false alarm because the bomb was actually an electrical conduit covered in PVC pipe from an old lamp in the back parking lot.

Police responded to the Wawa around 5:30 p.m. and when they arrived, the connivence store had already been cleared of customers and the employees were sitting on the far edge of the grass lawn near the westbound highway traffic.

The continuos rush hour westbound traffic was a strange juxtaposition to empty eastbound lanes of the highway.

Read more:  http://www.pottsmerc.com/article/20130511/NEWS01/130519886/route-422-east-reopens-after-bomb-scare-at-wawa-amity-(video)#full_story

Samsung Opening 1,400 Mini-Shops Inside Best Buy Stores Across U.S.

English: Samsung Logo Suomi: Samsungin logo

English: Samsung Logo Suomi: Samsungin logo (Photo credit: Wikipedia)

The next time you walk into a Best Buy store, there’s a good chance you’ll see Samsung‘s answer to Apple’s retail stores.

The South Korean electronics giant, which has been closing the gap between itself and Apple, is rolling out hundreds of mini-shops across the U.S. inside Best Buy big-box locations as well as its smaller mobile-specific retail shops.  The stores are formally called Samsung Experience Shops and will showcase Samsung products.

A couple of shops opened in March and more have opened since.  Samsung hopes to have 900 of them up and running by the end of this month with another 500 opening throughout “late spring and early summer.”

One of the primary purposes of the shops is to provide Samsung customers with assistance on their devices.  That’s no surprise considering Samsung credits its social media fans for sparking its decision to build out the shops.

Read more:  http://www.mcall.com/news/nationworld/la-fi-tn-samsung-experience-shops-best-buy-20130507,0,6685597.story

Chef Appeal: Pittsburgh’s Growing Restaurant Scene Attracts Staff From Bigger Cities

Pittsburgh‘s up-and-coming dining scene not only is starting to generate buzz among locals, it’s also becoming known as a good place to build a career.

Indeed, the city’s new outcrop of restaurants is one of the industries — in addition to technology, health care, engineering and education — that’s drawing young people to Pittsburgh.

“The chef who wants to make a break for it has a paved path in Pittsburgh,” said Brandon Baltzley, 28, the Chicago-based firebrand chef who has spent the past year here working as a cook in restaurants and staging pop-up dinners.

“Easy living, affordable everything and a burgeoning food scene: This is an area that will soon get attention on a national level.”

Read more: http://www.post-gazette.com/stories/life/dining/chef-appeal-pittsburghs-growing-restaurant-scene-attracts-staff-from-bigger-cities-686340/#ixzz2STEtrnO0

Town By Town: Haddington, A Growing Area In West Philadelphia

English: Map of Philadelphia County highlighti...

English: Map of Philadelphia County highlighting West Philadelphia (Photo credit: Wikipedia)

There was a time 60th Street in Haddington was called “Real Estate Row,” because of the 22 realty offices that lined both sides of the thoroughfare.

Given the changing fortunes of the housing market, that time has past in many places, not just this nearly one-mile-square chunk of West Philadelphia hugging the Market-Frankford El – which, not surprisingly, was the catalyst for the neighborhood’s birth in 1903 and subsequent growth.

Sandidge & Co., at 40 N. 60th St., is the lone survivor on Real Estate Row, and after 50 years in business, broker E. Paul Sandidge remains “the authority” on real estate in the neighborhood, says Terry Guerra, director of special projects for the nonprofit ACHIEVEability, which has its headquarters in Haddington.

ACHIEVEability owns more than 200 properties throughout Haddington and Cobbs Creek, where its clients live while they complete two- and four-year academic programs to become nurses, social workers, teachers, and computer specialists.

Read more:  http://www.philly.com/philly/classifieds/real_estate/town-by-town/20130505_Town_By_Town__Haddington__a_growing_area_in_W__Phila_.html

Collegeville Farmers Market Moves To “New And Improved” Spot

COLLEGEVILLE — Collegeville Farmers’ Market is on a real “power” trip this year.

As it opens for its third market season on May 4, one of the local shopper’s favorite haunts for engaging in homegrown commerce is relocating across the street to the grounds of Davinci’s Pub, where it will be empowered by plenty of parking at the adjoining Power House Antique and Flea Market lot.

The market simply outgrew its original space behind the AmeriGreen Gas Station, noted Cathy Kernen, co-chair of the Collegeville Farmers’ Market committee and president of the Collegeville Economic Development Corp.

“We needed more space in order to attract more vendors and grow our market. We were maxed out at 23 vendors at the previous site,” she explained. “We needed more space for customer parking. Lou’s Too, a popular Trappe Restaurant, moved their restaurant adjacent to our market site, and although we had limited parking for handicapped patrons and parents with small children before, we were afraid that operating our market on the same parking lot as that of a popular restaurant would not provide enough parking for both of us.”

Read more:

http://www.timesherald.com/article/20130502/FINANCE01/130509950/collegeville-farmers-market-moves-to-new-and-improved-spot#full_story

U.S. Steel CEO Surma Says Company Studying Ways To Cut Costs

U.S. Steel Tower in downtown Pittsburgh, Penns...

U.S. Steel Tower in downtown Pittsburgh, Pennsylvania. (Photo credit: Wikipedia)

The same day his company reported a worse-then-expected quarterly loss, U.S. Steel chairman and CEO John P. Surma told shareholders the Pittsburgh steel producer is undertaking a thorough study of how to reduce costs and is considering an iron-related joint venture with Republic Steel‘s plant in Lorain, Ohio.

Lower sales and shipments brought about the loss, Mr. Surma said.

U.S. Steel reported it lost $73 million, or 51 cents per share, versus a loss of $219 million, or $1.52 per share, in the year-ago quarter.

Sales fell 11 percent to $4.6 billion while shipments declined 3 percent to 5.5 million tons.  Pricing was flat compared to fourth quarter levels but below prices in last year’s first quarter.

Read more: http://www.post-gazette.com/stories/business/news/us-steel-reports-larger-than-expected-quarterly-loss-685642/#ixzz2Rz4SE7hE

Allentown Hockey Arena Zone Businesses Putting Up Money For Downtown Improvements, Facades

The PPL Building (seen here in the distance) i...

The PPL Building (seen here in the distance) is the tallest building in Allentown, Pennsylvania. (Photo credit: Wikipedia)

Conscious that the borders of Allentown’s new arena district could become a visible dividing line between the haves and have nots, two downtown businesses are pumping $300,000 into the neighborhood just outside the arena zone.

City Center Investment Corp. will donate $200,000 and PPL will kick in $100,000 to help as many as 30 businesses along Hamilton Street remake their storefronts.

The deal comes as city and community leaders have spent months considering how to help the massive tax incentives undergirding the $272 million arena, hotel and office complex spill into the struggling communities just outside the Neighborhood Improvement Zone.

Under the program, businesses along Hamilton Street, between 10th and 12th streets — the first two blocks outside the NIZ — can get grants of roughly $15,000 to reface their shops.  By the time city officials finished their 20-minute news conference Monday to announce the program, six eligible businesses had already expressed interest in the free money.

Read more:  http://www.mcall.com/news/breaking/mc-allentown-hockey-arena-facades-20130429-55,0,6163711.story

Amato Revs Up Downtown Wilkes-Barre

Map of Pennsylvania highlighting Luzerne County

Map of Pennsylvania highlighting Luzerne County (Photo credit: Wikipedia)

WILKES-BARRE — Businessman and former dragster driver Joe Amato told his story Friday morning to about 100 people gathered at the Penn State Wilkes-Barre Executive Management Forum at Genetti Hotel and Conference Center in the city’s downtown.

And it was his $5 million downtown investment Amato talked about most.  He revealed that Judd Shoval of Kingston is moving his business — Ambit and Shoval — to the theater complex on East Northampton Street and that only three other retail spots remain vacant.

Shoval did not return messages left on his cellphone and at his business.  will release more information on his plans next week, Amato said.

“Downtown Wilkes-Barre has a pulse,” he said.  “It has a sense of direction.  More than 400,000 people go to the movies every year and use the parking garage.  We have to get them outside to the street and patronize the businesses there.”

Read more:  http://www.timesleader.com/news/local/465584/Amato-revs-up-downtown-W-B

PhillyInc: Philadelphia Has Gained Much, But Not Jobs

English: This is my own work, Public Domain Ph...

English: This is my own work, Public Domain Photograph, not copyrighted Ed Yakovich http://www.flickr.com/photos/10396190@N04 (Photo credit: Wikipedia)

Several macrotrends have broken Philadelphia’s way:  The city’s population is growing again.  Residential building is up, and the city has seen an influx of college-educated young adults over the last decade.

But one trend remains stubbornly negative, as three recent research reports make clear: The city continues to lose jobs. The latest such evidence was included in the Center City District’s “State of Center City, 2013″ report, released Monday.

The special-services district can rightly brag about the increased vibrancy in the area wedged between the rivers and Vine and Pine Streets.  The city is cleaner since 1990, serious crime is down, and the churn in retail stores and restaurants is source of small-business strength.

Employment, though, remains a weakness, and if the long-term trend of job destruction does not change, it’s hard to imagine that the city could continue to maintain momentum in other areas.

Read more:  http://www.philly.com/philly/business/columnists/20130423_PhillyInc__Philadelphia_has_gained_much__but_not_jobs.html

Pottstown Downtown Improvement District Authority (PDIDA) Is On The Move!

180933_10150092018677029_7436728_nLike the little engine that could, Sheila Dugan has taken the throttle of the Pottstown Downtown Improvement District Authority (PDIDA) and is chugging uphill toward her vision of a revitalized central business district.

Unlike Main Street Managers in the past, this dynamo hit the ground running and is pulling PDIDA into the 21st century at warp speed.  The PDIDA board has been reorganized, assessments are being collected, activities are being scheduled and a new cooperation is being fostered between PDIDA, borough hall, PAID, the TriCounty Community Network and other entities in Pottstown.

Sheila actually lives in Pottstown, is a downtown business owner (she and her husband own Grumpy’s) and her children attend the Pottstown School District.  Sheila is INVESTED in Pottstown (a missing component in past Main Street Managers).

The perception of business owners in the downtown, by the general public, is poor.  Sheila is trying to raise awareness that most businesses downtown are Mom and Pop operations.  In many cases, one owner, one employee.  Trying to “do it all” six days a week from open to close does not leave much time for people to attend PDIDA meetings (or much of anything else).

To combat the time problem, Sheila has come up with an innovative solution – block captains.  The block captains will talk with their assigned business owners and attend the meetings to speak for the group they represent.  The block captains will then convey the meeting results back to their group.  Email is also being used to keep PDIDA members updated, in addition to block captains and meetings.

Sheila has been working closely with the Pottstown Police Department and Borough Manager Mark Flanders toward a solution for the vagrant problem downtown.  Sheila said Mark Flanders and the Pottstown Police Department have been extremely helpful and cooperative in working toward a solution for this problem.  You will see more police officers downtown walking a beat along with other measures that are aimed at making the downtown clean, safe and a welcoming atmosphere for shoppers, arts and restaurant patrons.

PDIDA is also working with the numerous social services agencies in Pottstown.  These agencies will also play a role in managing the homeless and idle population that have been congregating downtown and hampering revitalization efforts.

Sheila works hand-in-hand with Pottstown Area Industrial Director Executive Director Steve Bamford to help market Pottstown and fill empty store fronts with new businesses.  She said Steve Bamford has been great to work with.  Marketing Pottstown is not an easy job.

Another important cooperative effort taking place is between the Pottstown Codes Department and PDIDA.  Every building within the PDIDA zone is being reviewed and code violations are being identified where they exist.  Clean and safe buildings are certainly more appealing to consumers!

Like many organizations, PDIDA has lost a large percentage of its funding.  Sheila said individual and corporate sponsors are desperately needed as well as volunteers.  For example, the PDIDA office downtown needs volunteers to help staff the office.  Sheila is also working on fundraising efforts and is applying for grants to help fund events and projects.

While we are on the subject of funding and budgets, Sheila is Pottstown’s official Main Street Manager but receives only a fraction of the salary the former managers were paid.  This is due to the loss of funding from the Pennsylvania Department of Community and Economic Development for the Main Street Program.  Pottstown is fortunate to have someone willing to take on this herculean task, put in the time, do the hard work and get results on a shoestring budget.

One last thing before I give you a list of upcoming events downtown.  A while ago, one of my readers asked me if the façade program was still in existence.  I emailed the former Main Street Manager, identified myself and posed my reader’s question.  I never received the courtesy of a reply.  I asked Sheila about this during our conversation and she told me that the façade program does indeed still exist and there is still money available.

Some exciting PDIDA events to look forward to include:

June 8 – 2nd Annual Iron Horse, motorcycle show

June 20 – Rumble Downtown (includes Misty May-Treanor and live music).

July 20 – 2nd Annual Sidewalk Sale

October 12 – 6th Annual Riverfest – PDIDA is taking on this event and adding an evening component from 6pm – 8pm which will include live bands, artists, beer garden, a Bike/Art event and a TriPAC show at 8pm. Downtown restaurants will be participating.

Sheila said she is always looking for participants, live music, artists and street performers for PDIDA events.  I will again put in a plug for individual and corporate sponsors.

The Pottstown Visitors Center aka the PDIDA office is located at 17 North Hanover Street in downtown Pottstown.  The phone number is (610) 323-5400.  Sheila Dugan is the Main Street Manager and her direct line is (484) 948-6061.  The website is http://downtownpottstown.org/

Lancaster City Redevelopment Authority Votes To Become Equity Investor In $4.8 Million Apartment Project

Map of Pennsylvania highlighting Lancaster County

Map of Pennsylvania highlighting Lancaster County (Photo credit: Wikipedia)

Until recently, when real estate developers wanted an extra financial push to make a city redevelopment project viable, they turned to state officials.

But grant funding through the state’s Department of Community and Economic Development has all but dried up, and competition for the remaining funds is fierce.

On Tuesday, the Lancaster City Redevelopment Authority agreed to step into the gap to make a project happen.

Authority board members voted to become equity investors in a $4.8 million apartment construction project.

Read more: http://lancasteronline.com/article/local/839507_City-redevelopment-authority-votes-to-become-equity-investor-in–4-8-million-apartment-project.html#ixzz2QqlkDQLs

GOP Signals Cost Cuts Before Pennsylvania Driver Tax Boost

Map of Pennsylvania, showing major cities and ...

Map of Pennsylvania, showing major cities and roads (Photo credit: Wikipedia)

Editor’s note:  I bet there are all kinds of cost cutting measures that could be utilized before screwing over the taxpayers!

HARRISBURG – Conservative state lawmakers who are wary about plans to raise taxes or fees to boost transportation spending raised the prospect Wednesday that they will insist first on major changes, such as abolishing the Pennsylvania Turnpike Commission, to make public money go further.

The House Republican majority will be under pressure in the 10 weeks before the Legislature departs Harrisburg for the summer to make the case against a massive transportation funding plan.  Supporting such plans are leading senators from both political parties, Republican Gov. Tom Corbett and a slew of groups from the Pennsylvania Chamber of Business and Industry to the AARP.

Even one member of the House Republican leadership acknowledged that there is tremendous pressure on the issue.

“I don’t think we thought there was going to be this much momentum for transportation,” said Rep. Mike Vereb, R-Montgomery, the caucus secretary.

Read more:  http://readingeagle.com/article.aspx?id=470679

After Delay, Reading Combines Some Bills

Editor’s note:  We like this idea.  It takes these bills and makes them part of the average person’s normal monthly expenses.  I bet people will be more willing to pay them on a monthly basis rather than quarterly.

City trash and recycling customers will find their bills easier to pay in June.

They won’t be any cheaper, but they’ll be monthly instead of quarterly; they’ll be part of the water and sewer bills; and there will be more ways to pay them.

“The benefit to city customers is that it’s more affordable, and because it’s consistent it will be easier to budget for,” Matthew Bembenick, director of administrative services, said at a Wednesday event announcing the transfer of billing to the Reading Area Water Authority.

But the long-planned deal got delayed, and the authority’s first bills will come out in May, when the city needs to get caught up for January through April.

Read more:  http://readingeagle.com/article.aspx?id=470572

Abe Lincoln Hotel Sold; $10 Million Renovation Planned

Picture 533

It took more than a year and a half, but Reading entrepreneur Alan Shuman finally got what he wanted: The Abraham Lincoln hotel all to himself.

With settlement completed Tuesday, Shuman’s entity, Lincoln Hotel LP, paid $5.05 million to add the 104-room historic hotel to his downtown real estate portfolio. That figure includes about $2.25 million in real estate and the rest in furnishings, fixtures, equipment, contents and the assumption of debt.

Shuman said he plans a $10 million renovation, of which $300,000 has been spent.

His plans include restoring the hotel and its rooms, adding a pool two-thirds of the size of an Olympic pool and reopening the Abe Saloon.

Read more:  http://readingeagle.com/article.aspx?id=470286

PhillyInc: Merger Of Real Estate Firms Tied To Life Sciences May Give West Philadelphia Area A Boost

English: Map of Philadelphia County highlighti...

English: Map of Philadelphia County highlighting West Philadelphia (Photo credit: Wikipedia)

For 50 years, the University City Science Center has been where scientists and start-ups have toiled to build the next generation of Philadelphia-area companies.

But to hear science center president and CEO Stephen S. Tang, what would really help nurture that entrepreneurial soup would be if a big life-sciences company were to put its headquarters or research operations in West Philadelphia.

Given that several of the biggest drug companies locally have already made long-term commitments elsewhere, there is nothing on the horizon presently.  But a merger between two real estate firms that focus on life-sciences properties may aid Tang’s quest.

Late last month, BioMed Realty Trust Inc. said it would acquire Wexford Science & Technology L.L.C. in a $640 million transaction.

Read more: http://www.philly.com/philly/business/columnists/20130408_PhillyInc__Merger_of_real_estate_firms_tied_to_life_sciences_may_give_West_Philadelphia_area_a_boost.html#ixzz2PsybwX00 
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