Top Stories of 2010: It was \’curtains\’ for proposed Norristown movie studio…Bellmawr Developer Forced to Change Plans

– timesherald.com

That grand vision was painted by Charles Gallub, the principal of Develcom of
\"Unknown-5\" Bellmawr, N.J., for the Norristown council and the general public three years ago when the proposal included five, 50-foot-high soundstages on the third level of the former Sears building and production space, set-making shops and a film school for college and high school students for the first and second levels of the former department store. In December 2007, proposed financing included subsidizing the renovations with $8,085,737 from a Tax Increment Financing (TIF) proposal. Emerson Resources was going to move into the renovated building.

In February 2009, the plan had changed again. The proposed 160,000-square-foot movie production studio had been scaled back to two, 24,800-square-foot studio buildings — a 72-percent reduction in space.

A proposed four-story, 100- to 150-room hotel was eliminated from the construction plans. A supermarket space was added to the plans along with 15,000 square feet of new retail space for the former Logan Square Shopping Center. A Checkers fast-food restaurant was proposed for the Markley Street side of the 24.5-acre parcel.

read via www.timesherald.com

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