Partial demolition of the old Nabisco plant in East Liberty has been in process since mid-September. The rest of the historic building on Penn Ave., constructed in 1917, will be renovated as part of a mixed-use development called “Bakery Square” - a $113 million “green” project being developed by Walnut Capital. The complex, which will include a hotel, retail and office space, residential units, and a parking garage, recently received approval of $10 million in tax-exempt financing by the city’s Urban Redevelopment Authority.
The Nabisco plant closed in 1998, putting more than 350 employees out of work. You can read about the controversy surrounding the plant's closing here.
No comments:
Post a Comment