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PEDA Executive Director Corydon Thurston said the company has signed a letter of intent to lease the 16-acre parcel.

National Retail Company Moving to Pittsfield PEDA Site

By Andy McKeeveriBerkshires Staff
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Neal Shalom, a principal with Waterstone Retail Development, said he could not reveal who the anchor would be until permitting has been completed.
PITTSFIELD, Mass. — A "national" retail chain is expected to call the William Stanley Business Park home and bring 150 jobs to the city.

The Pittsfield Economic Development Authority announced on Wednesday that the group is negotiating with Needham-based Waterstone Retail Development to construct a 170,000 square-foot complex for the national store. Officials from Waterstone said they can not reveal who will be the anchor of the 16-acre development yet but that it will be the primary business with one or two smaller buildings on the Tyler Street Extension property — known as the "Teens Complex."

"We all envisioned this park as manufacturing but we all know things have changed," PEDA Chairman Gary Grunin said. "We feel this new project will tie in with what the businesses are doing in Morningside."

According to Neal Shalom, a principal with Waterstone Retail, permitting is expected to be completed in 2012 and construction will begin in 2013.

For the remaining parcels, Shalom said the group will work with the PEDA board to help future development and added that the company, which also builds office and industrial sites, could be interested in another development there.

Waterstone is the latest tenant of the former General Electric property. PEDA has negotiated leases with Action Ambulance and MountainOne Financial Partners to construct new headquarters, and also hosts one of the largest solar arrays in New England. While redevelopment of the site was first envisioned for manufacturing, with one parcel still be eyed for that, Grunin said the market dictated the move to retail.

Shalom said this project was made possible because PEDA was willing to work with the developers and the retail will fit in with the future developments on the rehabilitated land.


"There are a lot of towns that have rundown and underused downtowns but there aren't a lot of cities like Pittsfield that have a board like the PEDA group that are willing to listen to things that could work rather than just listening to the things they want. We worked together over a long period of time to come up with a plan," Shalom said. "I think it will be good for everyone."

Retiring Mayor James Ruberto heralded the announcement as an early Christmas present for the city and even wore a tie featuring Santa Claus to show the spirit. The move will help revitalize the whole city, he said.

"Not only will it create for us a legitimate tax base here on this property but what it will do is that it will be the spark plug to revitalize the Morningside neighborhood," Ruberto said. "We couldn't be more proud to have Waterstone join us. That is the theme. This city is now attractive to developers like Waterstone where eight years we felt like the Maytag repair man, no one would answer our telephone calls."

Waterstone has had supermarkets anchor many of its developments but has also worked with national companies such as Home Depot, Target and PetSmart. This will be the company's first development in the Berkshires but Waterstone completed two projects in Westfield recently.

PEDA does not yet but control of the 16-acre site from General Electric but PEDA Executive Director Corydon Thurston said that transfer will happen soon.


Tags: business park,   PEDA,   

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Pittsfield OKs Statement of Interest for Future PHS Repairs

By Brittany PolitoiBerkshires Staff

PITTSFIELD, Mass. — The city will submit a statement of interest to the MSBA for repairs to Pittsfield High School

In three consecutive days this week, the School Building Needs Commission, City Council, and School Committee authorized interim Superintendent Latifah Phillips to submit an SOI for repairs to the almost century-old building. 

Mayor Peter Marchetti explained to councilors that they are asking to take a proactive approach to trying to get PHS into the queue for a future MSBA project. 

"I think I don't need to share with all of you the condition of Pittsfield High School. I think you've probably all been in there and you know the condition of the high school," he said on Tuesday. 

"So we're asking tonight for that first step to be taken, to put us in the queue. We are not asking for any funding request. We are not asking, 'Should we add on to the school? Should we take away from the school?' We are simply looking to get us into the queue, to get us into the eligibility phase, which will take about a year's time, and then hopefully get into the feasibility stage." 

During a special meeting last Monday, the School Building Needs Commission unanimously voted to move forward with a statement of interest. The City Council on Tuesday night unanimously approved submitting a PHS statement of interest, and that was followed by an affirmative vote from the School Committee on Wednesday. 

Priority areas identified for an SOI to the MSBA Core Program will be for the replacement, renovation, or modernization of the heating system to increase energy conservation and decrease energy-related costs, and replacement or addition to obsolete buildings to provide a full range of programs consistent with state and local requirements. 

This is what the school was found to be most eligible for.  If invited into the program in December, a draft schedule places construction between 2031 and 2033. 

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