DCED Announces More Than $53 Million in New Investments to Attract Businesses, Create Jobs, and Expand Energy Infrastructure
Harrisburg, PA – Today, Department of Community and Economic Development (DCED) Secretary Dennis Davin announced the approval of 10 projects through the Commonwealth Financing Authority (CFA) that will develop pad-ready sites for businesses to occupy and expand natural gas access across Pennsylvania. The approved projects, totaling more than $53 million in grants and loans, will increase Pennsylvania’s ability to attract businesses that create family-sustaining jobs.
“The health of Pennsylvania’s economy is dependent on our ability to attract businesses to our commonwealth,” Sec. Davin said. “In order to do that, it’s vital for us to develop an arsenal of sites into which businesses can locate. It’s also crucial to expand access to natural gas so more businesses and residents have access to the abundant energy resources under our feet. The projects approved today are an important step in working toward those goals.”
The projects were approved as part of yesterday’s CFA board meeting. The approved projects are as follows:
The Allegheny County Airport Authority (ACAA) was approved for a $4 million grant and a $6 million loan through the Business in Our Sites (BOS) program for the development of the Pittsburgh International Airport World Trade Center located in Findlay Township. The project will consist of more than one million square feet of commercial and research and development space, as well as a 400-room hotel with convention space. Additionally, the site has space for up to six corporate hangars for companies to locate their headquarters and hangar in the same business park. Upon full build-out, the project is expected to create nearly 3,000 new jobs. BOS funds will be used for clearing, grading, pad development, construction of a 4,000-foot access road along with turn lanes and traffic signals, and the installation of new water, sewer, and gas lines. The total project cost is $26,432,350.
RIDC Southwestern Pennsylvania Growth Fund was approved for a $4 million grant and a $6 million loan through the Business in Our Sites (BOS) program for the redevelopment of Mill 19 at the Hazelwood Green site in Pittsburgh. Mill 19 is one of three existing structures that remains standing from when the site was used for steel production. The existing steel structure will be stripped of its outer walls and roof panels and three new buildings will be constricted inside the mill’s open space. RIDC plans to use the building for technology, research, and office tenants interested in locating near Pittsburgh’s universities. BOS funds will be used for demolition, excavation/grading, elevators, building rehabilitation, and engineering. The total project cost is $32,445,119.
Leatherstocking Gas Company LLC was approved for a $1 million grant through the Pipeline Investment Program (PIPE) for the extension of natural gas into Wyalusing Borough. The company plans to extend the existing natural gas line serving Wyalusing Township an additional 14,200 linear feet to the intersection of Church and Main streets in the borough. The project will provide residences, businesses, and the Wyalusing Area School District with access to cleaner-burning, domestically-produced natural gas while also spurring new growth in the Wyalusing area. Specifically, the extension will provide natural gas access to 38 commercial businesses, 29 residences, and two public entities.
Economic Progress Alliance of Crawford County (EPACC) was approved for a $290,318 grant and a $462,631 loan through the Business in Our Sites (BOS) program for the development of the Cochranton Community Services Complex located in the Borough of Cochranton. In 2015, EPACC took possession of the 13,300-square-foot building, demolished the interior, and converted 6,300 square feet into a state-of-the-art multi-service facility. EPACC renovated additional space in 2016. BOS funds will enable EPACC to finish the exterior infrastructure and complete renovations to the vacant space that will be marketed to commercial businesses. Once completed, the project is expected to create 15 new jobs. The total project cost is $752,949.
Cumberland County Industrial Development Authority was approved for a $2.5 million grant and a $3.75 million loan through the Business in Our Sites (BOS) program for the development of the Oakwood Hills Commercial Development in Upper Allen Township. The project includes the development of 52.49 acres of the site into a hotel with meeting space, a medical facility, a medical office, a bank, and restaurants. BOS funds will be used for excavation/grading, stormwater conveyance and management, utilities, water and sewer systems, on-site paving, landscaping, and related engineering costs. The project is expected to create 538 new jobs. The total project cost is $12,930,750.
Lehigh Valley Economic Investment Corporation was approved for a $1 million grant through the Pipeline Investment Program (PIPE) to extend natural gas service to the Arcadia West Business Park in Weisenberg Township. Upon completion, the project will serve 14 current businesses, 15 residential properties, and an additional seven acres currently targeted for hotel and retail development.
The Redevelopment Authority of the County of Washington was approved for a $2 million grant and a $3 million loan through the Business in Our Sites (BOS) program for the redevelopment of the former Brockway Glass Plant site in Canton Township. The site will be developed into a modern industrial warehouse and office facility to support the oil and gas industries. Project plans include the construction of a 135,000-square-foot building with loading docks equipped to support various industrial and manufacturing uses, a 20,000-square-foot fit-out to accommodate leasable spaces for tenant needs, a parking lot, and a service lane around the perimeter of the site. BOS funds will be used for demolition, excavation/grading, environmental remediation, restoration of a retaining wall, infrastructure, utility services, and associated engineering. The project is expected to create 100 new jobs. The total project cost is $6,042,640.
The Redevelopment Authority of the County of Washington was approved for a $4 million grant and a $6 million loan through the Business in Our Sites (BOS) program to assist in the redevelopment of the former Wheeling-Pittsburgh Steel Corporation site in Allenport Borough. The plant will be redeveloped for heavy and light industrial uses including manufacturing, storage, and transportation. After the existing metal building structures, slabs, and foundations are removed, future tenants will be able to construct approximately 1.6 million square feet of efficient manufacturing facilities, creating approximately 550 new jobs. BOS funds will be used for demolition of the building slabs, foundations, environmental assessment and abatement, excavation/grading, and engineering. The total project cost is $10 million.
RIDC Regional Growth Fund was approved for an $8 million loan to install 760,837 square feet of roofing at the former Sony plant in East Huntingdon Township. As RIDC continues to improve the site and secure tenants, repairs are needed for several portions of the roof that are leaking into the facility. The facility currently houses 562 full-time jobs, with an additional 100 jobs expected to be created after completion of the project. The total project cost is $12,976,096.
The Wyoming County Chamber of Commerce was approved for a $1 million grant through the Pipeline Investment Program (PIPE) for the installation of a natural gas line in Tunkhannock Township. Lack of access to natural gas has resulted in higher energy costs across the county, which has hindered business attraction and economic development. This extension will bring natural gas to 385 parcels in the borough and will enable 744 new residential and business users to connect.
Michael Gerber, DCED, 717.214.5325