"The first floor of this station is going to be both a waiting room and an entrepreneurial center.
It will be built in the way that other floors can be put on top of it. If Harry and I succeed and we get our multi-modal grant, which is a very different kind of grant to get, if we get it we will be able to offer people to do the other floors with 70% state funding and 30%, from naturally, from themselves." Senator Dinniman:
Friday, February 20, 2015
IF YOU DON'T KNOW WHO CASEY NEISTAT IS:
"But by the end of next year, developers say, the corner will host commercial properties as part of the $21 million “Coatesville Gateway” project, and there are also plans for apartments.
Despite the vacant storefronts, in the last 15 years real estate appreciation in Coatesville has well out-paced that of Philadelphia’s collar counties, according to state figures.
The Tax Equalization Division estimated that in 2016, total real estate value in the city was $355.1 million, up from $191.3 million in 2002. The rate of appreciation was 60.3 percent, compared with 40 percent in all of Chester County; 28.4 in Bucks; 42.3 in Montgomery; and 42.6 in Delaware.
But the Coatesville Gateway project is the downtown’s first viable development in the last decade, said Sonia Huntzinger, economic development administrator for the city, and “'he first domino to fall in what we expect to be transformational change throughout downtown Coatesville.”
Updated: JULY 24, 2017 — 9:29 AM EDT