Senator Pat Stefano and Representatives Ryan Warner and Matthew Dowling today announced that the Redevelopment Authority of the County of Fayette has been awarded a $500,000 state grant to create a new business park in North Union Twp.
The centrally located park will host more than 45 businesses and is expected to create more than 1,000 jobs for area resident when complete.
“The establishment of a business park here in Fayette County is a huge economic boost for our county, and it will help to bring even more jobs to our area as the companies that locate here continue to expand and grow,” Stefano said. “Job-creation and economic development have been my top priority for this area, and I’m pleased that this project was chosen to receive funding. I appreciate all the work on the local level that was done to make this happen as well.”
State Representative Ryan Warner, who represents North Union Twp where the project is located, added “This is the kind of announcement that we need in in our area. It is a clear sign to the rest of our region that Fayette County is open for business. I’m proud of the team effort that went into securing this funding.”
State Representative Matthew Dowling celebrated the regional significance of the project, “Not only will this project create jobs in my district but I will have an incredible ripple effect throughout the entire county. With a new base of employees there will be a need for restaurants and markets for new residential developments to serve those employees. The impact from a project like this will be felt for decades to come.”
Fayette County Board of Commissioners Chairman Vince Vicites hailed the announcement, “I’d like to thank Governor Wolf, Senator Stefano and our entire legislative delegation for their support of this project. When I was first elected as Commissioner, Fayette County received a similar grant for the Fayette County Business Park on Route 40. Back then, it was a cornfield and after over $100 million in private investments it now is home to over 1 thousand employees at 45 businesses. With this grant as a foundation we will begin the next great economic development opportunity in Fayette County.”
“This is a clear sign of what can happen when state and local officials work together towards economic development,” Stefano concluded.
The state funding comes from the Redevelopment Assistance Capitol Program (RACP) program. RACP is administered by the Office of the Budget for the acquisition and construction of regional economic, cultural, civic, recreational and historical improvement projects.
CONTACT: Ben Wren (724) 626-1611