Real Estate Development Initiative
The Progress Fund has created the Real Estate Development Initiative to redevelop key properties in select communities.
The Progress Fund has purchased and rehabilitated properties that are now home for new businesses. Many of the gateways to the Trail Towns are faced with blighted properties that are unwelcoming. By taking on the Real Estate Development Initiative along the Great Allegheny Passage, former eyesores are now welcoming cyclists to go a little bit further in the towns and even spend the night where they once could not.
In West Newton:
B&B Row and Bright Morning B&B Expansion
Trailhead & Main Street Blight Removal
Trail Town communities can attract new opportunities by marketing their available for sale or for rent properties. When listing or marketing your town’s available properties make sure to include details such as its proximity to the trail or what types of new businesses are needed in that community.
Consider online formats to advertise your property with the local realtors or unique options such as www.historicproperties.com or www.preservationpennsyvlania.org. The Trail Town Program® also features an available property in our monthly newsletter.