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Residences at Hanover Shoe Description
2003 Hanover Area Chamber of Commerce The ChallengeIn the heart of Hanover, Pennsylvania, The Hanover Shoe Factory was for nearly a century a vital asset to the community. When its
industrial fortunes dissipated, the 2.4 acre landmark was abandoned and became over several decades an economic, social and
safety liability for the town. In fact, the fire department is recorded as having told the owner that in the event of a fire, the fire
department would push the walls in rather than save the building. A market study had indicated a high demand for affordable
apartments close to all essential services including major transportation networks, markets, hospitals, parks, and municipal services.
Hanover took a proactive position with regard to salvaging the building, and through a competitive RFP process, chose Pennrose to
redevelop the property for mixed use. The SolutionThe largest historic building in the Borough, the Hanover Shoe Factory had seriously deteriorated from neglect. Approximately 80% of
the heavy timber structure required replacement. To facilitate its rehabilitation the Pennrose Development Team used a mix of
financing sources including HTC and LIHTC equity, Federal Home Loan Bank Financing, and State Department of Community and
Economic Development funds. The 142,000 square foot factory was converted into a mixed-use building that included commercial
space, the Hanover Library, the Borough Fire Museum, 70 apartments affordable for families, residential community rooms, and
support space. The Borough Fire Museum was located in the former boiler plant. The apartments were a combination of one-two-and
three-bedroom floor plans ranging in size from 700 square feet to 1,500 square feet. When used as a factory, the site had been
completely covered with impervious materials. Through extensive redesign, the site now offers a number of landscaped retreats
adjacent to the buildings. The landscaping extends into the parking lot with shade trees, evergreen shrubs, and groundcovers, allowing
increased infiltration of groundwater.
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