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Brewster: $4.2 Million for McKeesport Commons, RIDC and New Kensington Development
On October 14, 2016
Harrisburg – October 14, 2016 – A total of $4.2 million in state grant funding has been approved for three important economic development projects in Allegheny and Westmoreland counties, state Sen. Jim Brewster (D-Allegheny/Westmoreland) said today.
In Allegheny County, the former EchoStar Call Center at McKeesport Commons will be redeveloped with a $1 million state grant to accommodate future office needs. In addition, Keystone Commons is slated to receive $2 million in state grant funding to continue development of the site in the Turtle Creek Valley.
Meanwhile, in Westmoreland County, New Kensington has been given $1.2 million to acquire properties between the Allegheny River and Constitution Boulevard from 9th Street to the City of Arnold.
“Creating jobs and business opportunities is a critical part of rebuilding the tax base and fashioning a brighter future for the region” Brewster said. “As a former mayor, I know how important it is to have sites ready to capitalize on potential development.”
Brewster said that accessing state resources to bolster local development is essential to helping the region with its economic recovery.
“The grants for McKeesport, Keystone Commons and New Kensington can help attract new business and industry,” Brewster said. “The state grants will help retool these sites, create regional assets and position them for future development.”
The grants were awarded through the Redevelopment Assistance Capital Program (RACP). RACP grants can be used for acquisition and construction of economic development projects in a number of categories including cultural, civic, recreation and historical.
“RACP grants are a critical economic tool that can spur development and job creation.” Brewster said.
Brewster said that the $2 million for Keystone Commons involves land development, infrastructure improvements, building reconstruction and development of new buildings.