Trolleyworks Business Park Phase I - office/flex space for lease
The Trolleyworks Business Park Phase I is the renovation of the former Gold's Gym into two office/flex spaces available for lease to qualified tenants with occupany as early as January.
Renovated Commercial Office Space in a beautifully restored historic building
o Two office/flex spaces – 2,850 square foot unit and 2,000 square foot unit or 5,000 square feet combined
o 14 foot ceilings & lots of natural light
o Energy efficient lighting, insulation, and HVAC
o Concealed cable tray above ceiling for computer and telecom cabling
o Common lobby and restrooms
o Individual kitchenette/coffee area
o Separate 1,600 square foot conference room (free use twice monthly)
o Brick courtyard/patio with benches and picnic tables
o Free parking - combined 24 spaces for both tenants
Location
o 3316 Fifth Avenue, Altoona, PA, 16602
o One block from
o Walking distance to Mansion Park Stadium and retail center including two restaurants and a bank
o Public transportation available on all of AMTRAN’s bus routes
Terms of Lease
o $8.00 (Year 1) per square foot annual rent triple net
o Tenant responsible for pro rata real estate taxes and insurance, utilities, and Common Area Maintenance (CAM) charges
o Initial 3-year lease with renewable options
o Security deposit of two months rent
o Space available January 2010
Contact
o Eric Wolf, General Manager
AMTRAN
3301
814-944-4074
Phase II of the Trolleyworks Business Park will be the competitive selection of a private developer to design and build out the 2+ acres fronting 6th Avenue and 35th Street. The Request for Proposals was released on October 1. The deadline for initial proposals is January 29, 2010.
Phase II development will be funded entirely by private sector investment, and the entire site will remain on the tax rolls. AMTRAN’s investment in that part of the property is limited to the real estate purchase, the environmental mitigation, and the demolition of the Roaring River Mills building and old foundations to clear the site for development. In exchange for that investment, the developer will pay AMTRAN a long-term land lease.
Mountain Research and The EADS Group are in the process of obtaining an Act 2 Special Industrial Clearance from the Pennsylvania DEP so that the entire site can be re-developed.
For more information on Phase II, a 1-page Project Description, a Locator Map, a 21-page Marketing Study, and a Property Survey are available for download.
For a copy of the Request for Proposals, please contact Eric Wolf, General Manager at (814) 944-4074.
For more information on the story behind the Trolleyworks Business Park, please visit Trolleyworks Frequently Asked Questions.
