Countdown to April 29 to PERMANENTLY close M. R. Reiter. Ask the board to see the 6 point plan.

Sunday, April 6, 2008

Gateway Land Sale Update

Nice to see that Morrisville can appear in the local Trenton newspapers once in a while. Here's a story on the first step of the Gateway project land sale.

Land sale to create office park
To be built on former site of bar
Sunday, April 06, 2008
BY CURT YESKE
Special to the Times

MORRISVILLE, Pa. -- The former site of a nuisance bar on East Bridge Street between North Delmorr and Central avenues will be developed into an office project as a result of an agreement between the Delaware River Joint Toll Bridge Commission and borough officials.

The land was acquired more than 10 years ago prior to the renovation of the Lower Trenton Morrisville Free Bridge (the "Trenton Makes" bridge) and was considered excess land by the current members of the interstate agency who said the sale will help the Morrisville Economic Development Corp.'s effort at revitalization.

The commission agreed to sell the property -- which no longer has a bar on it -- for its appraised value of $100,000. Morrisville officials have said they in turn plan to sell the property to a private developer who plans to build an office park with a publicly accessible recreational trail.

In published reports, developer Penn Jersey Real Properties estimated the project would create 400 to 600 jobs and involve a 55,000-square-foot building.

"This property transaction will provide economic, recreational and aesthetic dividends for Morrisville," said Frank G. McCartney, the commission's executive director. "The borough has always been an important partner with the commission, and we are happy to be able to support its revitalization efforts."

"With this sale we are one step closer to bringing in new taxes and hundreds of new jobs into the borough," said Morrisville Councilman George Bolos, chairman of the development corporation. "We appreciate the commission's willingness to recognize the importance of this project in the future of the borough."

1 comment:

Jon said...

Quick, dig up some dirt on Frank G. McCartney. It doesn't have to be true. I already found 6 things myself in about 1 minute:

1. He lives in MONTGOMERY County;
2. He has a college education;
3. He wears a suit;
4. He wears a tie with his suit;
5. He's been Executive Director of the Delaware River Joint Toll Bridge Commission since May 1999, almost 9 years for the rot and corruption to set in;
6. He wears glasses - towns shouldn't build fences with guys who wear corrective lenses.