Coatesville Dems: Coatesville PA Economic & Community Redevelopment is moving along.

I thought the Coronavirus Pandemic Depression might bring economic development in the City of Coatesville to a standstill but:

"COATESVILLE—The City of Coatesville’s Redevelopment Authority (RDA) has selected Competitive Communities LLC, a private economic development consulting company, to vet three proposals submitted for the development of a 22-acre tract known as “The Flats.”

The property is located at the prime northwest corner of the intersection of First Avenue and Lincoln Highway, which formerly served as an industrial site. It is the largest commercial property available in the city’s Qualified Opportunity Zone.

The proposals, each ranging between 30 and 60 million dollars, were presented during the April 16 RDA public meeting, followed by a week-long period that enabled developers to submit answers to questions that were posed by board members, city officials and residents.

'We’re excited to have three major prospects submitting proposals to develop this important space,” says Michael Trio, Coatesville City Manager. “All three bids are strong, and we look forward to the RDA’s recommendation. Our City’s business and community leaders have approached this opportunity with a spirit of collaboration, which has helped to position Coatesville as an excellent destination for development with a streamlined process and supportive environment.”