Wednesday, June 4, 2014

Norristown council unanimously approves $950K in public subsidies for microdistillery, condominiums

Public subsidies totaling $950,000 for the construction of 16 condominium units and a micro-distillery in two Norristown buildings were approved unanimously Tuesday night by council.

A $100,000, job creation grant from federal Community Development Block Grant (CDBG) funds approved by council will pay for distillery equipment for a new, microdistillery at the former Humane Fire Co. building at 129 E. Main St.

The $576,212 conversion will be called “Five Saints Distilling.” John George of Lower Providence and Louis Rachelli of Phoenixville have an agreement of sale to purchase the building from the fire company for $133,460. The real estate purchase is scheduled to close in mid-June and the distillery will start brewing and selling several distilled spirits in January 2016, George said.

A $7,212 municipal grant for facade work was also given to the project.

“The potential of this business has exploded with the appetite of foreign customers for spirits,” said Jayne Musonye, director of planning for Norristown. “Naming the business ‘Five Saints’ is a story that can be promoted. It will be the only distillery in a firehouse. The reuse of the historic building is critical. This will be a magnet for tourism and bring pride to Norristown.”

There are already six distilleries in Pennsylvania, including locations in Philadelphia and in Bristol, Bucks County.

“Our hat goes to you for making this kind of financial commitment,” said Councilman Gary Simpson.

“It is so nice to see other people share the same vision of Norristown that we have,” said Council President William Caldwell. “Welcome to Norristown.”

George said, “Norristown is ready for revitalization. We want to make it happen. When we are distilling you will know it. We know we have a lot of work to do. We will brew that Black Ball bourbon together.”

Two videos about the distillery and the condo conversion are www.tout.com/embed/touts/dsognp and www.tout.com/embed/touts/srxilt

An $850,000 grant from the state Redevelopment Assistance Capital Program (RACP) was approved to subsidize a $4,050,000, project to build 16 condo units in the fourth and fifth floors of the seven-story office building at 1 West Main St. The “Residences at Courthouse Square” will be developed by Mike Alhadad of Ambler and Sam Madi of New Orleans, Louisiana. The building was purchased for $2 million by Alhadad in 2012 and One West Main Street LLC will invest an additional $1 million for renovation costs. The company has already spent $200,000 on building repairs.

“We had to induce Alhadad to bring condos to Norristown. He put in over $2 million to buy the building,” Musonye said. “He has over $60 million in condo conversions in Philadelphia with market rate housing.”

Musonye said Norristown officials were attempting to rebrand the downtown area around the building as “Courthouse Square.” A former PNC Bank branch was located on the first floor.

“This building has 69 parking spaces on the side, so there will be parking for the condo owners,” she said.

In other business, Frank Ludwig was sworn in by Council President William Caldwell as the assistant fire chief in the Montgomery Hose Fire Co. on West Freedley Street. Ludwig’s wife, Angela, held the Bible.

Ludwig, 33, has been a volunteer firefighter for 16 years, including 10 years at Fairmount Fire Co. and six years at Montgomery Hose Fire Co. He has served as captain at Montgomery Hose for four years. The lifelong Norristown resident has served as the East Norriton Fire Marshal for the past seven years.

“It has been a family tradition. My uncle is the fire chief,” Ludwig said. “He got me involved in the fire department when I was young. I stuck with it. When I was a kindergartner I wanted to be a firefighter.”

Ludwig replaced Brian Vanbuskirk, who served as the assistant fire chief for more than four years.

“It has been my lifelong dream to reach this position,” he said. “I want to serve as long as I can.”

Norristown Fire Chief Thomas O’Donnell said Ludwig had been the captain at Montgomery Hose for four years.

No comments:

Post a Comment