Today Governor Tom Wolf announced the latest round of Redevelopment Assistance Capital Program allocations, which seek to bolster important projects statewide for community redevelopment, workforce development, and business and non-profit expansion.
“These projects reinforce my administration’s commitment to helping more Pennsylvania companies expand and grow, more Pennsylvania communities transform and revitalize, and more Pennsylvanians having the necessary skills and opportunities for higher-paying jobs,” Governor Wolf said.
Blair County was awarded $2.5 million for the Gables Building Redevelopment. The Gables building is Downtown Altoona’s marquis building. The project will include the following: removing the brick façade from the exterior of the buildings; restoring the original exterior including all windows; roof repairs; interior repairs due to façade-windows; electrical mods due to façade removal; repairing, repointing exposed brick. With the stated improvements which will result in the daylighting of the entire building, approximately 58,000 square feet of new available office space could be introduced into the market.
“Our great appreciation and thanks goes out to Governor Tom Wolf and his entire team, the Commonwealth Financing Authority, the City of Altoona, Gable’s Limited Partnership, and so many others for recognizing the importance and investing in this project,” said Stephen McKnight, Pres/CEO of the Altoona-Blair County Development Corp. “Removing the facade on this building will create yet another more livable and workable space in Altoona’s historic central business district.”
Stay tuned as this project opportunity advances and further coverage is provided in the links below.
WJAC-TV Story – click here
Altoona Mirror Story – click here
