Ashley Development Corp.'s $40 million project to demolish the former Marquis Theatre on S. Third Street and build a 10-story high-rise with 143 condominiums and a three-level parking garage has been approved by Easton historic commission.
City Council now will consider a certificate of appropriateness for Ashley to complete the project called The Majestic in the downtown historic district. Council must also approve a $143,000 contribution from Ashley to refurbish nearby Riverside Park.
But the Historic District Commission made no decision on Ashley's $11 million project to convert the former seven-story Pomeroy's department store on Northampton Street into a 30-unit condominium complex with underground parking.
The two sites are less than three blocks apart, but one project will start from scratch while the other attempts to refurbish a more-than 100-year-old building that's been vacant since 1976. Ashley is trying to replicate Pomeroy's from the early 1900s.