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The Greater Berks P3 Project - RiverView At Reading & R elated Industrial/Commercial Private Real Estate Developments + Public Infrastructure Opportunities RiverView At Reading - $2.8 Billion Private Mixed Use Real Estate Development Project Totaling Over 110 Acres of Urban
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The Greater Berks P3 Project - RiverView At Reading & Related Industrial/Commercial Private Real Estate Developments + Public Infrastructure Opportunities • RiverView At Reading - $2.8 Billion • Private Mixed Use Real Estate Development • Project Totaling Over 110 Acres of Urban • Downtown Property. • 3,500 Rental, Condo, & CCRC Residential Units • 875,000 Square Feet of Office & Bioscience • 750,000 Square Feet of Retail Space • Recreational Park & Sports Complex • Casino Hotel & Waterfront Promenade • RACC Master Plan & Academic Facilities • - $440 Million • Redesign Master Plan of Reading Area Community College Using New RiverView Planned Residential/ Traditional Neighborhood Development Zoning (PRD), Provide Much Needed New Academic Facilities to RACC & Phase II – 700,000 SF to RiverView Bioscience Research Center • Berks Urban Core Redevelopment (BUCR) - $2.5 Billion • Municipal Public Private Partnership Consisting of 20 Transportation Improvement Projects That Make 5 Private Real Estate Development Sites Totaling Over 450 Acres of Urban Property Feasible. • R6 Railway Extension & Mixed Use Transit Oriented Development (TOD) at Stations - $1.2 Billion + cost of TOD at various stations. • 16 Mile Extension of SEPTA Passenger Rail To Philly. Tier 4 Local High-Speed Rail Service • “Reading Railroad” Monopoly Game Identity
The Greater Berks P3 Project - RiverView At Reading & Related Industrial/Commercial Private Real Estate Developments + Public Infrastructure Opportunities • Penn Street Trolley - $26 Million • Trolley Loop Through Main Reading & • West Reading CBD, Providing Connection of • RiverView Project to R6 Rail Station & Local • Businesses • Hydroelectric Plants - $34 Million • 2 MW Hydroelectric Dam At Downstream End • of Project For Flood Control, Raised Water Level • for Recreational Boating, and Pedestrian, Trolley, • Rail Crossing • 8.7 MW Run-Of-River Hydroelectric Dam Sister • Plant at Federally Designated Hydropower • Opportunity Location (Former Klapperthal Hydroelectric Dam Site) • Sewage Treatment & Power Plants – $2 Billion • Fritz Island - Upgrade of Reading Sewer Plant and new Waste-to-Energy municipal solid waste plant to replace soon to be filled to capacity County Landfill. Adaptive reuse of landfill part of BUCR Project. • Replacement of Existing Titus Power Plant for Wholesale Power to RiverView, Berks Urban Core Redevelopment Project, and Power Grid, Using Natural Gas and Clean Coal Combustion Technology(IGCC). • TOTAL ALL OPPORTUNITIES $9 Billion