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Old Posted Jan 28, 2018, 4:33 PM
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Join Date: Dec 2008
Location: The Zoo, Michigan
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Altoona, PA -

Quote:
Group to redevelop former silk mill
Revitalized building to include restaurant, office space, about 10 residential units

William Kibler | Altoona Mirror
January 23, 2018

A local partnership is planning a $13 million redevelopment of the old silk mill next to the former Bon Secours property, after state officials Tuesday approved a $4 million grant and a $6 million low-interest loan for the project.

Silk Mills Properties Inc., headed by architect John Radionoff and three executives of the Leonard S. Fiore construction company, will demolish 80,000 square feet of the old factory, then turn the remaining 91,000 square feet into commercial and office space, a restaurant, a cafe and about 10 residential units, according to a news release from Altoona Blair County Development Corp. The project, slated to create 150 jobs, would seem to complement the ongoing redevelopment of the Bon Secours property, which Jeff Long is turning into one of his Graystone senior living centers...


Image Source: Altoona Mirror | Courtesy Rendering
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