URGENT UPDATE: The Town of Erie Urban Renewal Authority has just approved a significant agreement with developer Rearview Mirror Concepts for a groundbreaking 10,000-square-foot mixed-use building at the intersection of Wells and Kattell streets. This development marks a pivotal moment for Erie, as it is the first new commercial project in the Historic Old Town area since 2021.
The proposed 1.5-story building aims to revitalize the community by potentially housing a full-service restaurant, a local ice cream shop, a bakery, and two small retail spaces. Town officials emphasize that this project is not just about new buildings; it’s about fostering a more welcoming and walkable environment that connects Briggs Street to Coal Creek Park.
The urgency of this development cannot be overstated. As Erie seeks to increase local activity and support its economy, the Urban Renewal Authority is prioritizing local businesses in this initiative. Recruitment for a bakery and boutique retailers is already underway, aiming to breathe new life into the area.
In a statement, town officials highlighted the significance of this project as they seek to improve what has been described as an “underused” part of downtown Erie. The Urban Renewal Authority purchased the property in May 2025 for $500,000, setting the stage for this transformative project.
To finance the development, the Urban Renewal Authority has committed up to $1.9 million in new incremental tax revenue generated by the building. Notably, the town will only incur these costs once the project is completed and operational, ensuring that taxpayer money is safeguarded.
The developer must repay the town’s original property purchase price using standard sales tax revenue. If this amount is not repaid by December 31, 2032, all future incremental tax revenue will be redirected to the Urban Renewal Authority until the debt is settled. If the project does not yield sufficient revenue, Rearview Mirror Concepts will be obligated to reimburse the Urban Renewal Authority directly.
The total cost of design and construction is estimated to reach $5.2 million. Construction is mandated to begin by December 31, 2027, and be completed by December 31, 2028. The developer will navigate the town’s permitting and review process, with construction anticipated to commence around the end of 2026. Town officials are actively collaborating with the Planning & Development Department to facilitate necessary approvals throughout the year.
This development is crucial for the community, as it represents a renewed commitment to economic vitality and local entrepreneurship in Erie’s Historic Old Town. Residents and stakeholders are hopeful that this project will not only enhance the aesthetic appeal of the area but also create new jobs and opportunities for local businesses.
As Erie moves forward with this ambitious plan, all eyes will be on the upcoming construction activities and community response. The town’s commitment to revitalizing Historic Old Town is set to redefine the area, making it a focal point for residents and visitors alike.
Stay tuned for more updates as this project unfolds.
