NORTH HUNTINGDON, Pa., Nov. 10 /PRNewswire-FirstCall/ -- Beacon Redevelopment Industrial Corporation (Pink Sheets: BCND) per Renaissance Renovations and Development announced today that the company (Renaissance) began the application process with Hempfield Township for all required demolition permits regarding the Westmoreland Glass Factory site. Beacon is very excited that Renaissance's management has chosen to expedite the process and demolition of the structure. Once all the permits are issued, Beacon will commission an architectural team to proceed with design sketches and proposals for the best use of the cleared property. Beacon already received a one million dollar binding deposit and once all of the required permits are issued the company will receive the balance of the monies due per the contract. Adam Marek, COO and President of Beacon, believes that this agreement is a homerun and is the first step to developing the land. Mr. Marek also added that his intention is to build, "a world class redevelopment company, without any obstacles or distractions, while creating wealth for the company and its shareholders." About Beacon Redevelopment Industrial Corporation: Beacon specializes in acquiring undervalued properties that offer the potential for above average return on investment along with multiple assets and development ability at distressed prices, the properties must offer recyclable/salvageable materials, energy resources or mineral rights along with the potential for redevelopment and or desirable development potential; the company also seeks along with the above for mentioned, properties that have the possibility for governmental grants, tax rebates or deferments as part of their criteria for acquisition. Please visit the company's website at http://www.beaconredevelopment.com/ for all the latest information and updates. This press release contains certain forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release. DATASOURCE: Beacon Redevelopment Industrial Corporation CONTACT: Adam Marek for Beacon Redevelopment Industrial Corporation, +1-908-400-3760, Web site: http://www.beaconredevelopment.com/

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