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$1.5 Million Awarded to Rehabilitate Reading Building
On August 1, 2019
Harrisburg, August 1, 2019 − Today Gov. Tom Wolf awarded $1.5 million Pennsylvania’s Redevelopment Assistance Capital Program (RACP) to rehabilitate the Berks County Trust Company Building in Reading, State Senator Judy Schwank (D-Berks) announced.
The grant was awarded to the Shuman Development Company/Acme Structure X, Inc. and will pay to renovate and rehabilitate the Berks County Trust Company Building, located next to the Berks County Courthouse. Specifically, the building renovations will include: replacement of the roof to prevent water damage; the restoration of the front entrance and lobby to its original layout; the installation of new elevators; and, updates of the building’s mechanical and security systems.
“We anticipate the project will create 63 new, private sector jobs and accommodate 200 relocated jobs in the building, and its construction phase will create 17 additional labor specific jobs,” Schwank said. “I applaud Gov. Wolf for awarding funds to this project, which will improve the quality of life in downtown reading by restoring property to city tax rolls.”
The building is one of the best examples of a Beaux-Arts style building in Reading and was once a bustling hub of commerce operated by some of the area’s leading financial institutions, Schwank said.