A Montgomery County construction engineer and design-builder is embarking on a $4 million project in Quakertown that could transform a long-dormant hosiery factory into tech space.
Jerry Gorski, president of Gorski Engineering of Collegeville, said he recently purchased the 60,000-square-foot property at 18 S. Fifth St., formerly the Best Made Silk Hosiery Co., and is converting it into a technology facility.
"60,000 square feet will be reduced to a 45,000-square-foot building so the architectural elements will be revealed," Gorski said. "We are just starting that renovation process."
The adaptive reuse technique, which adds new architectural elements and uses to existing buildings, can have economic benefits, according to Gorski.
For this project, if the company were to build on a greenfield site, which is a fresh site for new development, he said he would need to buy four to five acres of land for landscape requirements, storm-water management and other necessary elements, Gorski said.
"We would spend about $7 million to buy a building of this size," Gorski said.