{"id":266604,"date":"2026-08-17T00:06:24","date_gmt":"2026-08-17T00:06:24","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-pa\/266604\/"},"modified":"2026-08-17T00:06:24","modified_gmt":"2026-08-17T00:06:24","slug":"reading-city-council-approves-sale-of-50-acre-dana-corporation-site-berks-regional-news","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-pa\/266604\/","title":{"rendered":"Reading City Council approves sale of 50-acre Dana Corporation site | Berks Regional News"},"content":{"rendered":"<p>READING, Pa. \u2013 Twenty-three years after the former Dana Corporation closed its plant in northwest Reading, new life may be on the horizon for the one-time manufacturing site.<\/p>\n<p>Reading City Council voted unanimously to authorize the sale of the 50-acre site at 1 Berkshire Place.<\/p>\n<p>The property had seen some interested potential buyers over the years, but none ever came to fruition.<\/p>\n<p>The city purchased the property along the Schuylkill River for $1.54 million from the Reading Redevelopment Authority in 2019.<\/p>\n<p>On <a href=\"https:\/\/www.readingpa.gov\/images\/City_Council_regular_agenda\/06-26-23.pdf\" target=\"_blank\" rel=\"nofollow noopener\">Monday night<\/a>, council authorized the sale of the 50-acre site to NewCold USA Real Estate Holding LLC for $4.5 million.<\/p>\n<p>While the sale is through a holding company, <a href=\"https:\/\/newcold.com\/company\" target=\"_blank\" rel=\"nofollow noopener\">NewCold is a European-based company<\/a> that plans to locate one of its automated warehouse and cold-chain logistics companies at the site.<\/p>\n<p>However, it has one year to clear the hurdles of zoning and planning commission approvals.<\/p>\n<p>William Heim, city manager, said the sale has been under discussion for some time.<\/p>\n<p>&#8220;It&#8217;s now\u00a0coming to fruition where we do have an agreement of sale with this particular company,&#8221; Heim said. &#8220;There will be a period of due diligence. But this will begin the sale of the property which we are all waiting on.&#8221;<\/p>\n<p>Mayor Eddie Moran said the sale would not have been possible without the River Road extension, which is now nearing completion.<\/p>\n<p>&#8220;I think this will be a very good thing, and hopefully, we will be seeing that site developed in the relatively near future,&#8221; Moran said. &#8220;This goes with the city&#8217;s vision to continue to improve and create opportunities \u2014 employment opportunities\u00a0\u2014 and the usage of our lands that are not being used currently.&#8221;<\/p>\n<p>Pastor Evelyn Morrison, a frequent commentor, said she had concerns about the land being sold.<\/p>\n<p>&#8220;Does the buyer know that this is a brownfield, that it is 50 acres of contaminated land?&#8221; Morrison asked. &#8220;These are serious contaminants that are in the ground, and the air, soil and water is going to affect the surrounding area. We need a toxic trespass ordinance.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"READING, Pa. \u2013 Twenty-three years after the former Dana Corporation closed its plant in northwest Reading, new life&hellip;\n","protected":false},"author":2,"featured_media":266605,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[112472,2005,3933,112473,112474,128,130,129,13692,33486,1028],"class_list":["post-266604","post","type-post","status-publish","format-standard","has-post-thumbnail","category-reading","tag-dana-corporation","tag-eddie-moran","tag-evelyn-morrison","tag-manufacturing-site","tag-newcold-usa-real-estate-holding-llc","tag-reading-city","tag-reading-city-headlines","tag-reading-city-news","tag-reading-redevelopment-authority","tag-schuylkill-river","tag-william-heim"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/266604","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/comments?post=266604"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/266604\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media\/266605"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media?parent=266604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/categories?post=266604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/tags?post=266604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}