At
a strategic spot in Allentown facing the America On Wheels Museum sits a vacant
property that a developer would like to transform into a premier classic car
restoration facility with upscale apartments on the upper floors.
Tuesday
at its regular board meeting, the Allentown Commercial and Industrial
Development Authority voted to select ACR Development’s proposal for the
acquisition and renovation of the former Klein Bros. Paper and Twine Co.
building.
The
site has been vacant since 1970. But last year, the Allentown Economic
Development Corp. began accepting proposals for redevelopment of the building
at 107-111 W. Hamilton St. and 14-28 N. Front St., at the east gateway to the
downtown off the Hamilton Street Bridge.
RB
Collection, a Breinigsville-based classic, vintage and exotic car restoration
shop and dealership, wants to build a restoration center at the site. It plans
to move its facility to the Allentown site if the project gains required
approvals, said Al Ruozzi, who owns the business with his brother, Alex.
Al
Ruozzi told Lehigh Valley Business that the proposal includes a building
addition as well as total renovation of the Klein Building. All historic
features, including the entire facade and architectural concept, will be
preserved to accommodate more than 12,000 square feet of the RB Collection
showroom and restoration shop.
The
second step in the project includes renovation of the second and third floors
to become upscale residential units.
“RB
Collection and the America On Wheels Museum would be the first partnership
between an automotive museum and an operating service and restoration
business,” Al Ruozzi said.
With
The Waterfront redevelopment underway along the Lehigh River and the synergy of
the existing museum, the concept would allow visitors to enjoy museum car
expositions and then tour RB Collection’s Restoration Center to see how classic
and vintage cars are restored.
“That’s
why we think this partnership is unique,” Al Ruozzi said. “As visitors of the
museum, they could also tour the restoration center with the same ticket.”
The
overall goal will be to attract more collectors, visitors and buyers to both
sites.
Alex
Ruozzi said the brothers will take their 23 years of knowledge and passion for
classic cars to generate a thematic approach to Allentown’s Waterfront
redevelopment, creating an “Automobile Corner of America” in the Lehigh Valley,
showcasing historic vehicles, including trucks, cars and motorcycles.
“The
location, we think, could not be better,” Al Ruozzi said. “As a historic
building with a brick façade, it is also strategically located to the gateway
to The Waterfront. The synergy is so powerful.”
For
the apartments, Al Ruozzi said the rents and styles have not been defined. The
total construction cost for the project has not been determined, either, he
said.
The
brothers chose David Hornung as the architect, who did design work for the
project up to this point, but have not selected a construction management firm.
Though
the Klein property is owned by the ACIDA, Al Ruozzi said he and his brother
will seek an agreement of sale for the purchase of the property, if all
approvals are met.
“Of
course, we will preserve all the features,” Alex Ruozzi said. “It’s the perfect
location for displaying classic cars. The beauty of the apartment project is
the lobby of the building will display classic cars; it’s something different.”
Source:
LVB.com
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