Wednesday, November 27, 2013

Alpha Building Is Officially Sold

By Christina Georgiou

The sale of the Alpha Building was finalized
on Tuesday. Easton's City Hall will continue
to occupy the building until construction
of a new city hall is complete, expected by
The sale of the Alpha Building, home of Easton's City Hall, was officially finalized Tuesday to developer Mark Mulligan.

"We're no longer the owner, we're tenants," said Mayor Sal Panto at Tuesday evening's city council meeting.

The full sale amount, $4 million, has been transferred into the city's coffers, Panto added.

The city plans to move into the new city hall, soon to be under construction a little further south on South Third Street, by mid-2015. Meanwhile, the city will pay $13,750 per month to continue to occupy its current offices on the second, third, fourth, and sixth floors  along with some basement storage space, in the Alpha Building.

Site preparations for the new Easton city hall and transportation
center site, about a block south of the Alpha Building are
underway. The new building, which also includes a parking
deck and bus station, is expected to be complete in 2015.
Space currently used by the Easton Ambassadors and for storage of Heritage Day equipment on the mezzanine level of the Alpha Building will be vacated and both will move to space in the Weller Center building, on the 300 block of Northampton Street.

The Alpha Building is planned to eventually become home to about 30 or 40 apartments on the uppermost floors, with  offices below. The first floor will continue to be retail space, Mulligan has said, estimating that the conversion will take three to four years to complete.

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