It is a great thing that the project is moving forward. Keep in mind that this is a groundbreaking for the physical site of the hotel/office Building.
The primary reason for the provisional and final approval for the Pulver hotel/office building site plan was the grants for the land development were running out. If Pulver had not received approval at the Coatesville City Council meeting and at the RDA meeting there would have been absolutely no talk about a hotel being built.
Something similar happened when Andrew Lehr advised the Coatesville City Council to not give conditional and final approval to Carl Chetty’s “Pennock Place” on Third Avenue and Lincoln Highway in March of 2006. Chetty's plan was not given conditional and finial approval. Chetty Builders plan was at the end of the development clock and Chetty Builders had to start over from the very beginning. Chetty lost the people that put deposits on condominium flats and he lost his investors. I believe the Coatesville City Council basically killed the project, at least for a few years. I think that Lehr's objections could have easily been made a condition of finial approval. I believe that most of the Coatesville City Council members were unaware that they were effectively killing the project.
See “Coatesville council puts Chetty development on hold" by Allen Davis-Chester County Reporter-March 28, 2006:
http://www.box.net/shared/uuukr2f5j5
Carl Chetty was not permitted to speak at that Coatesville City Council meeting in March of 2006. The Coatesville City Council was considering tabling the conditional and finial approval of Pulver's Hotel plan. This time Don Pulver did address the Coatesville City Council and told them of the importance of conditional and final approval that evening.
The land will be readied for a hotel and office building. The actual hotel and office building will not be built until the financing for the buildings is available. That could by next year or it could be 2 to possibly 5 years down the road. I believe that if financial conditions continue to improve in South East Pennsylvania it will be sooner than later.
"Coatesville inks deal for hotel"
Published: Wednesday, August 26, 2009:
http://www.dailylocal.com/articles/2009/08/26/news/doc4a93d2bc6dc98123121880.txt
Posted on Tue, Aug. 25, 2009
"Coatesville may get Marriott hotel"
By Kathleen Brady Shea
Inquirer Staff Writer
http://www.philly.com/philly/news/local/54672072.html
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