Pottstown Equities LLC is looking to develop land that will be inhabited by a Chipotle Mexican Grill along with 7,200 sq. feet of retail space on Route 100 in Pottstown. WFMZ reports that the company recently submitted its plans to the Pottstown Borough Council, asking for approval to demolish an existing 5,600 sq. ft. Friendly’s restaurant at 200 Shoemaker Rd. According to the application, a 2,235 sq. ft. Chipolte with outdoor seating and a pickup drive-thru would be built in its place. Pottstown Equities LLC’s retail space will be in a separate structure from the restaurant at 200 Shoemaker Rd. and Route 100.
The project was recommended to the Council by the Planning Board, citing some environmental, transportation, and site design concerns, which they advised on how to address. Chipotle made-to-order fast causal taco and burrito chain currently has more than 100 locations in Pennsylvania. Pottstown Equities is a New Jersey LLC formed in July 2021. The registered agent is listed as John P. Silvestri at 14000 Horizon Way Suite 100, Mount Laurel, NJ 08054. InterState Commerical is listed at the same address and names Silvestri as their chairman.
