One MarketWay West Undergoing Major Revamp, Adding Eatery, Apartments

A largely underused building in the heart of York City will once again be a bustle of activity as its massive renovation project gets underway.

The massive One MarketWay West will be home to a restaurant, a flagship bank branch, apartments, an underground parking garage and more, said the father and daughter team who owns the building that was once Bear’s Department Store.

The owners and a redevelopment official say the amenities will not only attract people to the city for a bite to eat but also bring more residents to its downtown core.

“There will be people living here. There will be people coming back to the city,” said Patricia Will, a partner with One West, the company that owns the building.

Read more:

http://www.yorkdispatch.com/breaking/ci_28250253/one-marketway-west-undergoing-major-revamp-adding-eatery

Columbia Hopes To Land Downsized State Call Center, With 129 Jobs

A year after tabling a plan for a call center here, the state Department of Human Services now says it wants to put a smaller version of the call center somewhere in Lancaster County.

And even though the proposed call center has been shrunk by more than half, Columbia Borough is in hot pursuit of the venture, which would create 129 jobs.

Its Borough Council voted this week to spend $835,000 to support the effort of developer Bill Roberts to put the call center in a fire station at 137 S. Front St.

“Every now and then, when a municipality embarks on an economic development project, they need to be willing to put some skin in game,” said Mayor Leo Lutz.

Read more:

http://lancasteronline.com/columbia/news/columbia-hopes-to-land-downsized-state-call-center-with-jobs/article_cf7669f8-ffdf-11e4-ac60-370a1a706522.html

Downtown Pittsburgh Continues On Strong Growth Trajectory

DSC01801Developers announced about three dozen economic development projects totaling $526 million in Pittsburgh’s Greater Downtown in 2014, capitalizing on dramatic growth in recent years, according to a report released Thursday.

“With more than $5 billion of transformative investment in Downtown Pittsburgh over the last decade, Downtown is well-positioned,” said Jeremy Waldrup, president and CEO of the nonprofit Pittsburgh Downtown Partnership.

Read more: http://triblive.com/news/adminpage/8363736-74/downtown-report-greater#ixzz3aE7Xi4L1
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Progress 2015: Wilkes-Barre, Pittston Lead Charge In Revamping Downtown Ecomomic Atmosphere

Shopping outside from store to store has almost become a thing of the past in some areas. But don’t tell that to downtowns in the Wyoming Valley, especially Wilkes-Barre and Pittston.

Downtown shopping in both communities is thriving thanks to the advancements each city has made over the past several years. Couple that with the excitement and enthusiasm of business owners and residents and youv’e got a recipe for success. The success in downtown Wilkes-Barre starts with Public Square.

Downtown Wilkes-Barre Business Association President John Mayday, who is a resident of South Wilkes-Barre and does all of his shopping in the downtown area, said the excitement and enthusiasm is something he hasn’t seen before. And it can only get better, he said.

“New businesses are constantly moving in,” he said. “Our mission is to create the opportunities for our customers and residents to come downtown. They’re been absolutely well-received by the public.”

Read more:

http://www.timesleader.com/news/business-home_top-local-news/152539268/Downtowns-looking-up

Easton To Get More Apartments After Two Projects Turn To Office Space, Mayor Says

As Downtown Easton began its resurgence in recent years, first came nighttime foot traffic from people going to restaurants.

After the Pomeroy’s Lofts opened in the 300 block of Northampton Street, that added to the evening surge on the city’s sidewalks and into the city’s bars.

The Crayola Experience on Centre Square has for years provided a daytime tourist presence, and new retail locations and the farmers market have put some feet on the streets during daylight.

When Pomeroy’s developer Mark Mulligan bought the Wolf Building on North Second Street for conversion to apartments after Northampton County moved its human services operation to Bethlehem Township, the daytime/nighttime equation seemed to slide further out of balance.

Read more:

http://www.lehighvalleylive.com/easton/index.ssf/2015/05/easton_to_get_more_apartments.html

Development Could Soon Be Booming In West End

Pittsburgh’s building boom, centered for years on Downtown and East End neighborhoods, is spreading into the West End.

Developers are focusing on Banksville Road where nearly $3 million is being spent to build a hotel, an office building and an expansion of offices for an engineering firm.

“The city of Pittsburgh overall is doing well in terms of development,” said City Councilwoman Theresa Kail-Smith, who represents West End communities. “Banksville has good access to Downtown, the Parkway (West), the airport and suburbs.”

A Comfort Inn and Suites is going up near a Days Inn along lower Banksville Road. The $2.7 million project includes a four-story hotel building with 69 rooms and 64 parking spaces, according to Pittsburgh Planning Commission records.

Read more: http://triblive.com/news/allegheny/8187310-74/banksville-building-west#ixzz3XfbnKxm8
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Newark, N.J. To Get World’s Largest Indoor Vertical Farm

AeroFarms, an aeroponics company that was started in 2004, is bringing what is soon to be the world’s largest vertical farm to a former steel factory in Newark, New Jersey’s Ironbound community.

The vertical farm will manufacture short, leafy green vegetables grown in vertically stacked trays that will fill 69,000 square feet of the former Newark factory.

Read more at http://www.philly.com/philly/blogs/home_and_design/Newark-NJ-to-get-worlds-largest-indoor-vertical-farm.html#6hOeyD2lDQ1rD9Rq.99

York RDA Looking To Buy Cupids, Other North George Street Building

York’s Redevelopment Authority board on Wednesday gave its staff the go-ahead to negotiate a purchase of the two buildings at 244-250 N. George St., including the Cupid’s Adult Boutique building, which was partially damaged in a November fire.

The RDA wants to buy the two properties from their owner and find a developer who would redevelop them, said Shilvosky Buffaloe, York’s deputy director of economic development.

Read more: http://www.ydr.com/business/ci_27742943/rda-looking-buy-two-buildings-at-244-250

Center City District: Housing Boom Continues

The housing boom rolling across central Philadelphia showed no signs of weakening last year, according to data released Tuesday, but a population exodus could be on the near horizon if little is done to fix the city’s schools and tax structure.

The news was mostly positive out of Center City District’s annual housing report, which found that 1,983 new apartments, condos, and houses between Girard and Tasker Avenues, and the Schuylkill and Delaware River hit the market in 2014, thanks to an influx of empty nesters and young professionals, said CCD chief executive Paul Levy.

That number was down 8.5 percent from the record-breaking 2,168 logged a year earlier. But Levy and his staff concluded that demand for the torrent of new construction of homes and apartments would be strong for at least several more years.

“Property is selling for more. It’s selling more quickly,” Levy said.

Read more at http://www.philly.com/philly/news/20150218_Center_City_District__Housing_boom_continues.html#gfAQAl0PUIx9wOV9.99

Plan To Relocate Pittsburgh Playhouse Downtown Approved; Millcraft Proposes Condos For Saks Site

The stage is set for the relocation of the Pittsburgh Playhouse to Downtown. City planning commission members unanimously approved plans for construction of new playhouse complex on Forbes Avenue Downtown today, clearing the way for its move from Oakland.

Approval came over the objections of preservationists who urged the commission to no avail to save three Forbes Avenue facades that will be relocated and integrated into the new complex under the plans advanced by Point Park University.

With today’s decision, Point Park intends to start construction in March with the demolition of three Forbes Avenue buildings and hopes to have the new complex ready for audiences in July 2017.

The $53 million project will feature a 550-seat main theater, a 200-seat adaptive theater with doors that will open to a plaza for outdoor performances, a 100-seat black box theater and supporting facilities.

Read more: http://www.post-gazette.com/business/development/2015/02/10/Millcraft-proposes-to-build-condos-garage-at-former-Saks-site-Downtown-Pittsburgh/stories/201502100184

NY Times: Millennials Driving Apartment Boom In Wilmington

Wilmington is becoming quite the hot spot for young professionals.

In Delaware’s largest city, about 30 miles south on I-95 from Philadelphia, the downtown is expanding with several hundred apartments on the way.

These new apartments, profiled in a New York Times article this week, are aimed at millennials who are “driving increased demand for city-center living, car-free commutes and transit oriented development in cities around the country,” the article states.

To build these residential units, developers are taking vacant or underused buildings and either demolishing or renovating them.

Read more at http://www.philly.com/philly/blogs/philadelphia-real-estate/NY-Times-Millennials-driving-apartment-boom-in-Wilmington.html#LYzMk5JseugGvOJ3.99

Pottstown Beech Street Lofts Project Gets Council Approval

While details at this time are not available, the Citizens Action Committee for Pottstown is reporting that Pottstown Borough Council has approved the Beech Street Lofts project for the old Fecera’s building.  The building is currently vacant and in need of redevelopment.

This project will stabilize the neighborhood, provide traction for the arts community (ArtFusion 19464 and Steel River Playhouse) and send a clear message that Pottstown is serious about revitalization.  We believe this will be the transformative project that jump starts a wave of redevelopment in the borough.

You can find more information about the project here: https://www.facebook.com/beech.streetlofts?fref=ts

Movement Underway In NEPA Counties, Cities To Form Land Banks

When General Motors shut down factories in Michigan, the city of Flint lost more than 70,000 auto industry jobs, resulting in an exodus of residents from the 1980s through today that left the city with half the population of its heyday.

The crisis created a cycle of abandonment and blight that prompted the region to create the Genesee County Land Bank, which spearheaded several major redevelopment projects in the city’s downtown, sold 4,683 tax-foreclosed properties from 2004-13 and demolished 3,400 buildings.

Some public officials in Northeastern Pennsylvania cities like Scranton and Hazleton have been thinking of forming their own land banks since Gov. Tom Corbett last year signed legislation enabling cities around the state to do so. Pittston and several neighboring Luzerne County municipalities recently created their own version.

“One issue we all face, that we really have a hard time fighting at the municipal level, is blight,” said Larry West, regional director for state Sen. John Blake, D-Archbald. “We have buildings sitting there on the tax repository list that are boarded up or have burned down.”

Read more: http://citizensvoice.com/news/movement-underway-in-nepa-counties-cities-to-form-land-banks-1.1806370

Allentown Developer Announces New Project, Possible Rooftop Restaurant

English: City of Allentown from east side

English: City of Allentown from east side (Photo credit: Wikipedia)

The developer already behind $500 million of development in downtown Allentown has something new up his sleeve.

J.B. Reilly announced plans Wednesday to renovate a blighted vacant building at Eighth and Linden streets, turning the ground level floor into 4,000-square-feet of retail space.

The upper floors of the three-story building will become either apartments or office space, and a rooftop restaurant could be established there as well, Reilly said.

“We think this is a really important project because it’s sort of the gateway into the residential neighborhood,” said Reilly, president of

City Center Lehigh Valley. “We think it’ll have a pretty big impact on the neighborhood outside the NIZ.”

Read more: http://www.lehighvalleylive.com/allentown/index.ssf/2014/10/allentown_developer_announces.html

Icehouse Condos’ Next Phase Begins In Fishtown

Map of Pennsylvania highlighting Philadelphia ...

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

Nearly a decade after he started the project, James Maransky has finally finished the second phase of the Icehouse, his 36-unit condominium development at Thompson Street and Columbia Avenue in Fishtown.

EnVision Group, his company, now will break ground on a third phase. One block over from the Icehouse on Columbia, it is developing Moyer Street Court townhouses.

Maransky, founder of EnVision and a green-roof professional who specializes in Leadership in Energy and Environmental Design-certified construction, said many of his colleagues in the industry did not make it through the financial crisis.

He knows how hard it was – and almost had to stop work himself. The Icehouse’s second phase was on ice, figuratively, during the financial meltdown as banks backed away from new projects. But, Maransky said recently as he looked out on the project’s common green-roof area, “I was so confident that once the first phase was finished, the second phase would sell out – and it did.”

Read more at http://www.philly.com/philly/classifieds/real_estate/20140914_Phase_III_of_Icehouse_beginning.html#0keucPoskwfxbgLA.99

Atlantic City Facing Unprecedented Economic Collapse

full-state map

full-state map (Photo credit: Wikipedia)

The Atlantic City region is on the brink of a short-term economic disaster.

Atlantic City made history 36 years ago when it opened the first legal casinos in the United States outside Las Vegas.

Now it’s doing so again as casino employment – which for years exceeded the number of city residents – drops precipitously after a decade of steady decline.

The closing of three casinos, starting with Showboat and Revel this weekend followed by Trump Plaza two weeks later, and the rapid-fire loss of 5,700 jobs, draw historic comparisons to longer-term collapses of U.S. industries such as steel.

Read more at http://www.philly.com/philly/business/20140831_Atlantic_City_facing_unprecedented_economic_collapse.html#GmfpHBJZ5OpDgeaJ.99

29 Luxury Apartments Planned For York City’s Northwest Triangle

Map of Pennsylvania highlighting York County

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

A unique, triangular building in downtown York City has piqued the interest of two young developers.

Seth Predix and Jordan Ilyes have proposed converting the Keystone Colorworks building, a former paint factory at 109 W. Gay Ave., into 29 luxury apartments.

The city’s Redevelopment Authority, which owns the building, voted Wednesday to draft a sales agreement for $100,000.

It could be months before the sale is final, but Wednesday’s decision “basically takes the building off the market,” said David Cross, who chairs the RDA.

Read more: http://www.yorkdispatch.com/breaking/ci_26378110/29-luxury-apartments-planned-york-citys-northwest-triangle

Historic Posey Iron Works Refitted As 11 Apartment Units

Map of Pennsylvania highlighting Lancaster County

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

Almost three years after city zoners approved developer Scott Graeber’s plan to turn the old Posey Iron Works administration offices into apartments, the building will soon welcome its first tenants.

Known as Lancaster Ironworks, the project involved renovating the approximately 9,000-square-foot, two-story brick structure at 560 S. Prince St. into 11 apartments, with rents starting at $900 a month.

According to newspaper records, the edifice was designed by Lancaster architect Henry Y. Shaub and constructed in two sections, in 1910 and 1916. It features a grand staircase, wood paneling, concrete flooring and a steel substructure.

Posey Iron Works, which operated until 1983, manufactured pipe, piling steel and wrought iron for industry. Its pipes were used to dredge the Panama Canal, and it supplied the Army and Navy during both World Wars, newspaper accounts show.

Read more: http://lancasteronline.com/business/local_business/historic-posey-iron-works-refitted-as-apartment-units/article_d4ebaf1e-1f26-11e4-9a42-001a4bcf6878.html