AUTHORITY - PAST PROJECTS

Tower Bridge One & Five, West Conshohocken

Presented here are two office buildings developed by Oliver Tyrone Pulver Corporation.  This ten office building development along with other projects completed by other entities, as illustrated on the Home Page, total  3.4 million square feet and are valued at over 1 billion dollars.   This redevelopment success resulted from a public/private partnership created by the Redevelopment Authority which included Montgomery County government, the Commonwealth of Pennsylvania, and the federal Department of Housing and Urban Development.

Fidelity Bank Building, Pottstown Borough

The former First Fidelity Bank Building was rehabilitated in accordance with historic preservation standards.  Located at the critical intersection of High and Hanover Streets in Pottstown Borough, this historic,  colonial-style brick building had been substantially vacant for thirty years and had deteriorated  to a point where it was unsound and a blight upon the community.  Redevelopment of the project site and building is complete.  It offers approximately 30,000 square feet of office and retail space and related parking.  A combination of private equity, historic tax credits, tax increment financing and funds from the Pennsylvania Department of Community and Economic Development (DCED)  were utilized to finance this project.

Jefferson School Apartments, Pottstown Borough  

The Jefferson Senior Apartment Project converted a former school building to 46 affordable apartments for senior citizens.  Portions of funding for the project were secured through the Pennsylvania Department of Community & Economic Development's (DCED)   Housing and Development Assistance Program and its Brownfields Initiative for Affordable Housing.

PA Department of Environmental Protection (DEP), Municipality of Norristown             

The project site, known as Hancock Square, located at the corner of Main and Swede Streets, was assembled as part of an urban renewal project of the Redevelopment Authority. The site was conveyed to a private developer who has 20 year lease with the PA Department of General Services. The 85,000 square foot building is the southeastern regional headquarters office for the Pennsylvania Department of Environmental Protection.  The "green" building was designed to reduce resource consumption while providing a comfortable work place for approximately 330 employees.

Citizens Bank, Municipality of Norristown

Citizens Bank (formerly Commonwealth Bank) Project was a $8,872,500 success story for Norristown's Enterprise Zone.  The project involved the purchase and renovations to One Lafayette Place, a five story class A office building.  The project attracted Commonwealth Bank from its suburban greenfield site back to Norristown where the Bank was founded.

Lubin Studio Renovations, West Norriton Township

Five buildings that comprised the Lubin Film Studio, which operated from 1912 to 1917, were preserved and restored for retail and office use by O'Neill Properties Group.  The restoration was part of a residential construction project at  the site of the former Betzwood Industrial Park that includes 310 new apartments in six buildings.  The 52,000 square foot Class A office space and consists of vaulted ceilings, large windows and exposed masonry.  HUD Section 108 loan funds and Brownfields Economic Development Initiative (BEDI) funds, both from the U.S. Department of Housing and Urban Development (HUD), were secured by the Redevelopment Authority to help finance this project.

GSI Commerce, Upper Merion Township

GSI Commerce, Inc. provides services to e-commerce businesses.  The Authority was the applicant for Redevelopment Capital Assistance Program (RACP) funds to assist with fit out of the building which GSI owns and occupies as its corporate headquarters in King of Prussia.  Assistance to GSI facilitated the retention of almost 500 jobs in a rapidly growing and high wage sector of the economy.

Ursinus College Performing Arts Center, Collegeville Borough

Redevelopment Assistance Capital Program (RACP) funds from the Commonwealth of Pennsylvania were funneled though the Redevelopment Authority to assist with the fit out and site improvements at a new performing arts center located on the campus of Ursinus College.  The building will host a variety of cultural events and serve faculty, students and families, staff and other visitors to the campus.

 Keystone House, Springfield Township

Keystone House, is an adaptive reuse of the former John Welsh House which is listed on the National Register of Historic Places.  The building had fallen into disrepair and extensive restoration has been required to permit its continuing function as a hospice for terminally ill individuals.  Redevelopment Assistance Capital Program (RACP) funds from the Commonwealth and other private and public funding sources were bundled to finance the repair and replacement of the roof, soffits, windows, shutters, balustrades and the installation of an emergency generator.

Ardmore Affordable Housing, Greenfield Commons, Lower Merion Township           

Greenfield Commons offers 53 affordable apartments for lower income senior citizens in one of Montgomery County's most affluent communities.  Adjacent parking is provided. All units are handicapped accessible and two elevators service all three floors of the building.  The Redevelopment Authority provided a portion of the financing for this project utilizing Brownfields for Affordable Housing funds from the Pennsylvania Department of Community and Economic Development (DCED).

Legal Aid of Southeastern Pennsylvania, Municipality of Norristown

Regional Housing Development Corporation (RHDC), acquired and rehabilitated the vacant property that will serve as an anchor for area legal service programs.  The building dates to the 19th Century and includes significant historic features.  The revitalization of this building abated blight on a major thoroughfare in the County seat.  Financing for the project was provided by the Redevelopment Authority, using funds from the Pennsylvania Department of Community and Economic Development (DCED), and the Montgomery County Department of Housing and Community Development