SHARON – A popular Sharon venue plans to expand with the addition of outdoor seating with the demolition of an abandoned adjoining building.

The Corinthian Banquet Hall and Event Center will borrow $20,000 through Sharon’s revolving economic development loan program to help pay for the demolition of a three-story brick building at 73 Central Way. Owner John Bianco said he plans to add outdoor patio space to the business.

Sharon City Council, which discussed the loan at its meeting Wednesday, could approve it at its Aug. 21 meeting.

Bianco said the Central Way building previously housed a warehouse for the Sharon Stationery shop. The structure, which shares a wall with the Corinthian, 47 Vine Ave. has since been abandoned.

“The building is leaking from the roof,” Bianco said. “It’s beyond repair.”

He said demolition of the Central Way building will be necessary because it has mold that could spread to the Corinthian.

But the space itself could be useful to the Corinthian. Bianco said the Central Way building has no basement and sits on a concrete pad 36 feet by 55 feet.

“It would make an ideal patio for the ballroom and outdoor functions,” he said.

At least one member of Sharon Council was eager for the Corinthian’s planned improvement.

“When will the patio be ready,” said Councilwoman Molly Bundrant.

Bianco said the outdoor facility could be open next year. The patio would be enclosed by 10-foot-high walls, with a door wide enough to allow vehicle access for deliveries to the ballroom.

Melissa Phillips, the city’s executive director for community and economic development, said the Corinthian is eligible for a loan through Sharon’s revolving loan program. She cited a recommendation from the Pennsylvania Department of Community and Economic Development for a five-year loan.

Bianco said he has paid for the Central Way building, with closing scheduled for Aug. 29. He called the plan a beneficial development both for the Corinthian and Sharon.

“It would remove a piece of downtown blight,” he said.

Follow Eric Poole on Facebook and Twitter @HeraldEricPoole. Email him at epoole@sharonherald.com