2016-3-10 feceras.pub
Transcription
2016-3-10 feceras.pub
Persistence pays off The rehabilitation of a Beech county standards is far from meager by Street landmark is underway. Pottstown standards. Rents will range The official groundbreaking for the from $600 to about $900 per month. conversion of the long-vacant FeGenesis will retain and enhance the cera’s warehouse into apartments historic façade of the building, just as and an art gallery is 11 a.m. tomorit did with the handsome Jefferson row, but construction work has alSchool Apartments at Beech and Warready begun. ren streets, completed in 2004. The beat-up aluminum enThe property will have an on-site closure over an original loading manager. dock has been removed, a deteIt would be nice to say borriorating roof was taken down ough fathers rolled out the red to open a courtyard between carpet for this project, but they the main buildings, and two did not. Genesis applied to the blighted houses were state three years in a row for demolished for parking. the needed tax credits. The Commentary by All this concerns a first two years, Council deTom Hylton massive, historic brick clined to provide conditional building on a highly visiapproval for the project, nor ble artery through town. did it provide a letter of enUnlike recent elementary school dorsement. renovations and a new borough Finally, in 2014, Council endorsed maintenance facility, the $13 million the project, and the tax credits were project is not being funded with local approved last year. tax dollars. Meanwhile, Council changed the Genesis Housing Corp., a nonparking requirements, so Genesis then profit with a long history of housing had to obtain a variance from the zonrehabilitation in Pottstown, is parting hearing board to allow the project nering with Housing Visions to create to move forward. (It was granted). 43 apartments — mostly one bedNo other non-profit has done more room — in the four-story building for the revitalization of Pottstown than with an arts center operated by ArtGenesis. Over the last 15 years, it has Fusion19464 on the ground floor. constructed 34 new homes in PottsUsing state tax credits requires town’s most challenged neighborhoods making the apartments “affordable,” and helped rehabilitate 115 more. but Montgomery County’s median Pottstown residents owe Genesis a income is so high that “affordable” by debt of gratitude for its persistence. Construction fencing, dumpsters, and contractors’ vehicles signal the beginning of the $13 million renovation of the former Fecera’s warehouse on Beech Street into apartments and an art gallery.