Cash-strapped Luzerne County has a claim on at least some of the $2 million left from the Coal Street widening project in Wilkes-Barre, but delays finalizing project expenses have prevented the county from receiving its share.
The amount of the county’s share also is unclear because the Wilkes-Barre Area School District may be entitled to some of the fund, officials say.
County Councilman Stephen A. Urban raised the issue during a budget work session last week, questioning why it’s taking years for the county to collect this money.
The $2 million stems from a Tax Incremental Financing plan, or TIF, that diverted tax revenue from new development along Highland Park Boulevard and at the Arena Hub Plaza to fund improvements to Mundy Street, Highland Park Boulevard and Coal Street .
Map of Allegheny County, Pennsylvania, United States with township and municipal boundaries (Photo credit: Wikipedia)
McKeesport is expanding its vacant property recovery program to include parcels with structures.
Council on Wednesday unanimously approved the transfer of 10 properties to the Redevelopment Authority of the City of McKeesport through eminent domain. Parcels include empty lots and those with houses on them: 2718 Grandview Ave.; 621 Versailles Ave.; 1106 Ohio St.; 2105 Harrison St.; 2701 Riverview Ave.; 415, 417, 421 and 423 Twenty-Seventh Ave.; and 281 Rockwood St.
“This is another way to tackle the blight problem we have in the city,” Mayor Michael Cherepko said. “This process has typically been used to acquire vacant land adjacent to other properties. We’re now opening it to properties with structures on them when the purchaser has a plan.”
Map of Pennsylvania highlighting York County (Photo credit: Wikipedia)
A York City businessman plans to gut a blighted downtown building to make room for a future restaurant.
Elliott Weinstein, president and CEO of Weinstein Realty Advisors, will soon be the owner of 45 W. Market St., the former Griffith-Smith menswear store.
York City’s Redevelopment Authority gave the $2,000 sale the green light Wednesday. Technically, the sale is not final until the paperwork is signed and money exchanged.
Weinstein said he’s hoping to take advantage of York County’s Local Economic Revitalization Tax Assistance, or LERTA, program, which is designed to incentivize economic development by stretching property taxes on improvements over 10 years.
Map of Pennsylvania highlighting Northampton County (Photo credit: Wikipedia)
Outdoors retailer Bass Pro Shops could help jump-start major redevelopment projects, including a possible hotel and convention center, at the former Bethlehem Steel plant.
Developers have been in talks with city officials over the last four or five months about introducing the company’s second store to Pennsylvania near the Sands casino in south Bethlehem, a source familiar with the project said.
Mayor John Callahan acknowledged Bass Pro was one of several retailers that have expressed interest in a site in or near the cavernous No. 2 Machine Shop near Sands’ Luxury Outlets. He said such a retailer would attract customers from well beyond the Lehigh Valley.
He said he did “a little reconnaissance” at the closest Bass Pro store he could find — near Harrisburg.
Map of Pennsylvania highlighting Chester County (Photo credit: Wikipedia)
COATESVILLE, PA — City Council will once again file for county grant of up to $1 million for infrastructure including parking for the proposed Velodrome project.
Last year, the city filed for a similar grant, but did not receive it, because of the uncertainty surrounding the project at the time, City Manager Gary Rawlings said. He said now the project is closer to the beginning of construction and the feels more confident that the project will come to fruition.
In December of 2010, the Redevelopment Authority and the project developers at that time were reportedly closing in on a deal to sell the land at the corner of Lincoln Highway and Route 82 known as the Flats. Since then, the window for an agreement of sale has been extended numerous times and there have been no signs of an agreement.
However, in late 2011, new developers signed onto the project and the former developers left the group.
This should sound familiar to Pottstown residents. Our big city neighbor to the SE is grappling with many of the same issues that Pottstown is facing: landlords, vacant and blighted properties and gentrification of neighborhoods
Subjects like illegal rentals, blighted lots and private citizens having the ability to buy property from the Redevelopment Authority versus that land being sold to developers were discussed. Another hot topic was creation of a Land Bank so developers can more easily purchase vacant lots.
The conversation was spirited by all accounts as city residents expressed their frustrations on these subjects.