Pa. House of Representatives passes Siegel bill to redevelop shopping malls

Rep. Josh Siegel    April 16, 2024 | 9:50 AM

HARRISBURG, April 16 – State Rep. Josh Siegel announced today his legislation that would authorize cities, boroughs, incorporated towns and townships to provide developers special tax incentives for redeveloping languishing shopping malls passed the Pennsylvania House of Representatives.

“This legislation would provide communities with another tool to redevelop shopping malls into vibrant mixed-use buildings that add to the community instead of empty space and out-of-date design. We are in the midst of a housing crisis in the commonwealth and especially in the Lehigh Valley and my bill would provide additional attainable housing options,” Siegel said.

 

“Redevelopment of old shopping malls and abandoned strip malls is an opportunity that is not only good for those who live here but is also good for those looking to start a business or move their pre-existing business here. Not only would this project provide attainable housing options to those living in the community, but the special tax provisions also would allow developers to build competitive projects and make a vital investment in our housing stock.”

This legislation would create a committee that would provide guidance for the redevelopment of shopping malls. This board would be composed of members with expertise in areas, including:

  • Real estate development.
  • Municipal planning.
  • Economic development.
  • Land use planning.

The committee would also include a member of a statewide trade association of real estate professionals involved in all aspects of the residential and commercial real estate industry.

“Having this board is crucial to the success of these redevelopment projects. The more diversity in thought and background that is on this board, the higher the chance that everyone in the community feels heard and represented, which is what every project aims to do. I am proud that this legislation will move forward in the process of becoming law,” Siegel said.

House Bill 1799 now heads to the Senate for consideration.