Pittsfield Co-op Plans Move to West Street

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PITTSFIELD, Mass. — Pittsfield Cooperative Bank announced on Monday that it has entered into a conditional agreement to acquire a leasehold interest in 99 West St. and will move it corporate headquarters there. 
 
Bank officials said this represents an important milestone in Co-op Bank's continued growth and long-term commitment to the Berkshire County community.
 
Following the completion of the acquisition, Co-op Bank plans to undertake renovations to modernize and enhance the West Street facility. The new headquarters, expected to be occupied this year, will provide space to support future growth, collaboration, and expanded services while maintaining the bank's community-focused approach. The bank is currently headquartered on South Street.
 
"This is an exciting step forward for us," said bank President Gregg Levante. "Establishing our new corporate headquarters on West Street offers a strong foundation for our future and will allow us to continue investing in our employees, our customers, and the region we proudly serve."
 
Along with the bank moving forward with its planned investment in the West Street facility, the bank also made a series of strategic technology and balance sheet enhancements during the fourth quarter to further lay the groundwork for our next phase of innovation in 2026.
 
Completion of the acquisition is subject to receipt of all required state and federal regulatory approvals, satisfaction of customary closing conditions, and applicable corporate and third-party consents. As renovation timelines and transition plans are finalized, bank officials said they look forward to sharing more updates on these advancements.

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Pittsfield Council to See Borrow Request for Water Treatment Upgrades

By Brittany PolitoiBerkshires Staff

PITTSFIELD, Mass. — The city plans to complete upgrades to the Cleveland and Ashley Water Treatment Plants by 2033. 

On the agenda is a request to borrow up to $15 million for upgrades to the city's two water treatment plants, the Cleveland and Ashley Water Treatment Plants.  This would fund the final design and permitting for Phases 1-3, phase 1 of interim updates, allowances, and contingency. 

The total water treatment plant program is estimated to be $165 million over the next 8 years, with $150 million for long-term construction and $15 million for near-term needs "to keep the plants operational and
advance the program through design and permitting," the project's cover letter explains. 

The city does not anticipate water rate increases outside of the established new system based on the  Consumer Price Index Factor (CPIF) and the Operational Stability Factor (OSF). 

"This borrowing, and subsequent authorizations anticipated over the multi-year WTP program, has
been integrated into the Water Enterprise Fund's rate structure so that future debt service is absorbed
within the Council's established formula," the cover letter reads. 

The $15,000,000 borrowing would support:

  • Final Design & Permitting (Phases 1–3): $9.2M
  • Phase 1 Construction (incl. bidding & engineering during construction): $2.4M
  • Land Acquisition/Misc. Engineering/Legal/Contingency: $1.4M
  • WTP Equipment Replacement/Maintenance to Plant Operations: $2.0M

Starting this year, two finished water storage tanks would be designed and constructed, chemical improvements would be made at the Cleveland WTP, and the East New Lenox Road flow control station would receive a new pump station to allow the Ashley WTP to be offline during the third phase. 

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