Montgomery County stands to lose nearly $25 million in a Norristown redevelopment project gone sour, Commissioners Chairman Josh Shapiro said Tuesday.
Under the previous administration, the county invested significant public grants and loan guarantees to redevelop the Logan Square shopping center.
One office building was constructed, but it remains only half-occupied. The retail portion of the site is underutilized and run-down.
"It's hard to see how it was ever viable. It's certainly not viable now," Shapiro said at a news conference. Read more here…
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