That big, ugly eyesore at Cameron and Herr looks to finally have a buyer. A Northumberland County trucking company plans to renovate the property by next summer.
Since contractors walked off the job in 2008 for not being paid, the currently-named Capitol View Complex Center along Cameron St. has been sitting unfinished. However, a federal bankruptcy court hearing on Tuesday morning resulted in change.
Moran Industries President John Moran Jr. spoke with abc27 over the phone and said his Central Pennsylvania trucking company should close on the deal next month. According to the Central Penn Business Journal potential buyer—Dan Deitchman with Brickbox Enterprises, Ltd.—backed out his higher bid amid a pending investigation involving Harrisburg Police Athletic League finances.
The building's first developer, David Dodd II, pleaded guilty in 2011 to several felony charges including misappropriation of government funds and is currently awaiting a prison sentence of up to 30 years. According to abc27 records, the original project was expected to cost around $30 million.
Moran said his company purchased the nine acre property for about $250,000. He said Moran Industries will invest $10 million to transform the vacant 215,000 sq. ft. building into a logistics hub.
Moran said he plans to relocate his company's accounts payable offices along with headquarters for subset companies Penn Strategies and JDM. According to their website, Moran Industries was founded in 1975, headquartered in Waterstown, Pa., and operates its trucking service in the continental 48 states.
Harrisburg mayor-elect Eric Papenfuse said he was not privy to every detail, but he was eager to learn that a major company was interested in making Harrisburg their home.
"To have that project, which has been solved now for so many years, revived to create jobs to have new people coming to Harrisburg, I think that's going to send a sense of optimism."
Moran said he believes the building will bring about 100 jobs to the community. Both Papenfuse and Moran said they look forward to meeting and working with each other on the project.
As soon as the deal closes within the next 30 days, Moran said he expects to begin construction right away. With plans to work through the winter, Moran said the renovation project should be completed by June 2014.
Harrisburg Regional Chamber of Commerce and CREDEC President Dave Black was also eager to see development in the city. He said the often-failed project was due for change. What was once a microcosm of Harrisburg's failures may soon become a beacon of its recovery success.
"To see it turned around I think…that's a very public signal of what's going to happen in the city," said Black.