Montrose Exchange
Image taken from CB Richard Ellis site.
The newly contracted $40 million hotel and commercial development is a major up-and-coming project for East Liberty.
East Liberty Post announced this project earlier in the summer.
Keep informed of the news and learn more from CB Richard Ellis.
Broad Street offered an opportunity to create a community-friendly ‘market area’ for local and diverse shops and vendors off the main business street, Penn Avenue. Instead we have the upscale Montrose development which will only make the area safe for outsiders with money not welcome for low-moderate income locals.
Of course, “the market” drives everything, you day. Yea, it’ll drive all the locals out of the area and into blighted areas. Thanks a lot fellas!
October 11th, 2007 | #
Who is being driven out by the Montrose development? It’s a hotel and a few new restaurants and shops. In fact, the area is surrounded by new low-to-moderate income housing, with more on the way.
Would you prefer the buildings to remain vacant? Would some plywood across the windows be more appealing to the locals? Great effort has been made to keep the locals in the area and the community fabric intact, and I think it’s been successful. What’s wrong with a couple of high-end establsihments to mix with the Target, local restaurants and new housing?
January 22nd, 2008 | #