



MULTI-FAMILY DWELLING
4.6 Acres for housing development
Address:
158 W Main Street
Project Sponsor:
Conrad Contracting
Estimated Project Cost:
$1,000,000
Project Time line:
1-2 years
Recent Investment:
$225,000 into 133 W Main St reopening of Old Sherman Hotel and 129 W Main St upgrades to flower & gift shop
Funding Possibilities:
Private funds and construction loan
The purchase and redevelopment of the 158 W Main Street commercial property presents a great opportunity for revitalizing a vacant retail establishment to attract business. The open acreage is ideal for the construction of new housing surrounded by the existing neighborhood of residential homes. It’s in a walkable distance to downtown, the French Creek parks and trails.
In 2024, the 158 W Main Street commercial property was purchased for mixed-use development by revitalizing the vacant retail establishment to attract business and construct sixteen new townhouses on the open 4.6 acres complimenting the surrounding existing residential neighborhood.
There is demand for new multi-family homes providing for highly sought after affordable housing and rental needs. Conrad Contracting is looking to build four two-story multi-family dwellings with four units each for a total of sixteen new affordable two-bedroom 1,000-1,200 SF townhouse style residences for rent. Being aligned with French Creek parks within the walkable downtown makes the location ideal for young families.
Preserving our past, building our future...

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Project Breakdown
Conversion to Mixed-Use, New Development, Diverse Housing
The current vacant industrial buildings and large lot will be restored for use and (16) 2-story, 2-bedroom townhouses will be constructed for rent on the 4.6-acre parcel.
Fit with Vision Statement
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Cultivate Economic Growth & Prosperity
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Secure Diverse Residential Housing
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Encourage a Walkable & Bikeable Community
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Provide for a Green & Resilient Community
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Varied Housing, Supporting a Diverse Population
Alignment with NY Forward Goals
Create an active downtown & sense of place
Attracting a variety of new businesses for residents & visitors, & provide job opportunities
Enhance public spaces for arts & cultural events, serving the community & visitors around the region
Growing the local property tax base
Providing amenities that support & enhance downtown living & quality of life
Varied housing, supporting a diverse population
Reduce greenhouse gas emissions & support investments that are more resilient to future climate change impacts