Proposals should be submitted to:
Peggy Lee-Clark, Executive Director
Pottstown Area Economic Development (PAED)
152 East High Street, Suite 200, Pottstown, PA 19464
(610) 326-2900 | pleeclark@paedinc.org
PAED is a 501(c)(3) dedicated to developing, coordinating and implementing an overall economic development strategy for the Borough of Pottstown designed to stimulate investment which will maintain and enhance the tax base; retain and create job opportunities; and restore and utilize or remove under-utilized buildings. PAED is developing, coordinating & implementing an economic development strategy that will stimulate investment & sustainable growth. PAED provides services to businesses and organizations seeking to invest, expand or relocate including assistance with site selection, commercial and industrial real estate development, redevelopment, access to resources, and workforce development.
PURPOSE AND INTENT
Through this Request for Proposal (RFP), PAED seeks to
- Engage potential tenants to lease this commercial space from the building owners. The lease will be awarded through a fair and open process. Multi-year tenant preferred.
Pottstown Area Economic Development (PAED) is seeking a qualified, professional business to occupy as a tenant for the commercial space listed within the Borough of Pottstown. All proposed businesses must conform to allowable uses and zoning guidelines within the Downtown District.
The commercial space at 145 E High Street was formerly occupied by Weitzenkorn’s Men’s Clothing Store. It is located on the northbound side of High Street. This space is street-facing with glass windows, located just across the street from Pottstown’s Borough Hall & Smith Family Plaza. The space has a total of 10,800 Sq. Ft., including 4,100 Sq. Ft. on the first floor, and the remaining on the 2nd and 3rd floors. The space is ready for fit out.
Parking is available on the street as well as in a Borough parking lot 1.5 blocks away. Bus Service via Pottstown Area Rapid Transit (PART) as well as via Amtrak Thruway to Philadelphia is available 1 block away. Neighboring businesses include: Several professional service businesses, several restaurants, a brewery and beer gardens, and retail shops. In addition, Montgomery County Community College, Riverfront Park and the Schuylkill River Trail are less than 3 blocks from this commercial space.
REQUIRED INFORMATION
Please provide a business narrative including name, type of goods and/or services provided, prior locations and/or experience, desire and capacity to operate in a Downtown location, how the space meets the needs of the business, as well as how the applicant will finance the business. Include information on projected income, expenses, and plans for maintaining the business once it is established. Additional information is welcome such as an existing website, marketing collateral, and a sketch or rendering of how the space will be used.
PREFERRED LEASE PRICE & TERMS
Price is negotiable based on a multi-year lease.