Corbett Administration Announces Economic Growth Initiative Awards

      Corbett Administration Announces Economic Growth Initiative Awards

PR Newswire

HARRISBURG, Pa., Feb. 11, 2013

Transparent and Objective Process Yields More Than 56,000 Jobs in 54 Quality
Redevelopment Projects

HARRISBURG, Pa., Feb. 11, 2013 /PRNewswire-USNewswire/ --Governor Tom Corbett
today announced the award of 54 new Economic Growth Initiative grants.
Fifty-four projects, totaling nearly $125 million were selected for
funding.These projects will create or retain more than 56,000 jobs in 28
counties across the state.

The program provides grants to local communities for the acquisition and
construction of regional economic, cultural, civic, and historical improvement
projects.

Last year, Corbett reformed the state's method of funding redevelopment
assistance capital projects with a significant redesign, making the process
more transparent and objective.Projects are now selected based upon their
job-creation potential, their economic impact, as well as their viability and
construction readiness.

Prior to Corbett's taking office, the state's spending and borrowing for
capital redevelopment assistance had become unsustainable for the state and
its taxpayers, growing from $400 million in 1986 to slightly more than $4
billion in 2010. Corbett also said that the program had strayed considerably
from its intended purpose of encouraging and assisting job growth through
regional economic development projects.

Governor Corbett explained that the redesigned program has a clearly defined
application process with published guidelines and procedures, a merit-based
evaluation and selection system, and increased transparency. The new program
will also maintain thorough monitoring, measurement and reporting, including
posting all applicants and selected projects on the Office of Budget's
website.

"Through transparency and well-established criteria, we can assure taxpayers
that the projects we fund today will be of true benefit to their communities
and will create jobs that Pennsylvania needs," Corbett said. "This newly
improved program will allow us to pay down our existing debt instead of
passing it onto our children."

Some of the projects selected include funding for the refineries in the
Southeast, a pharmaceutical plant expansion in the Northeast, reconstruction
along the waterfront of Lake Erie in the Northwest and extensive downtown
redevelopment in the Southwest. The grants range in value from a minimum of
$500,000 to a maximum of $5 million.

Because the applications submitted for this round of grants far exceeded the
amounts available, those who didn't receive grants are encouraged to work with
the Office of Budget to determine the likelihood of success in the next round.

For a full listing of selections and for more information, visit the Budget
Office online at www.budget.state.pa.us and select the Redevelopment
Assistance Capital Program link.

Media contact: Jay Pagni, 717-265-8067

Editor's note: For statutory and legislative purposes, the program will
continue to be known as the Redevelopment Assistance Capital Program.

A full listing of selected projects is attached.

Redevelopment Assistance Capital Program Grants Awarded by Governor Corbett

Initial Funding Round

Award Date: February 11, 2013
                 Project Name                                      Approved
No. County       (as submitted on Business   Candidate (Applicant) Funding
                 Plan)                                             Level
1   Allegheny    Lower Hill Infrastructure   SEA of Pittsburgh     $5,000,000
                 Project
2   Allegheny    Bakery Square 2.0           Bakery Square 2.0 LP  $4,000,000
3   Allegheny    The Gardens at Market       Millcraft Investments $4,000,000
                 Square
                 Calgon Carbon UV            Calgon Carbon
4   Allegheny    Technologies Manufacturing  Corporation           $2,000,000
                 Expansion
                 Heinz History Center Museum
5   Allegheny    Support and Conservation    URA                   $2,000,000
                 Center
6   Allegheny    Schenley Place              Elmhurst Company      $1,000,000
7   Allegheny    Steamfitter Technology      URA                   $750,000
                 Center
8   Armstrong    Northpointe Entrance        ACIDA                 $950,000
                 Development
9   Berks        Berks Park 78 Domestic      BCIDA                 $500,000
                 Water Supply
10  Bradford     Guthrie Health-Troy Medical CBPA                  $2,000,000
                 Office Clinic
                 St. Mary Medical Center
11  Bucks        Surgical Services Expansion RDA of Bucks          $3,000,000
                 Project
12  Butler       Summit at Cranberry Woods   Butler County CDC     $3,000,000
13  Butler       Centre City Revitalization  RDA of Butler         $2,000,000
14  Cambria      JWF Industries-Cramer Pike  JWF Industries        $1,000,000
                 Project
15  Centre       CPI Transportation Training Cen Penn Institute    $2,000,000
                 Center Final Phase
16  Cumberland   Holy Spirit Electronic Data Holy Spirit Hospital  $3,250,000
                 Center
17  Cumberland   Redevelopment of the IAC    Carlisle Productions  $2,000,000
                 Brownfield Site
                 Pinnacle Health
18  Dauphin      Cardiothoracic Intensive    Pinnacle Health       $1,640,000
                 Care
19  Dauphin      Spring Creek Road           Bishop McDevitt High  $710,000
                 Improvement                 School
20  Delaware     Project Clarity-Marcus Hook Braskem America Inc.  $5,000,000
                 Splitter
21  Delaware     Ridley Mixed-Use            MGM Ridley Parking LP $2,500,000
                 Development Phase II
22  Delaware     Neumann University Phase II Neumann University    $1,000,000
23  Erie         West Slip Sheet Pile Dock   EWPPA                 $5,000,000
                 Repair
24  Fayette      Dunbar Township Business    Fay-Penn              $1,000,000
                 Park Development
25  Franklin     Borough of Chambersburg CNG Boro of Chambersburg  $500,000
                 Refueling
                 Indiana Economic
26  Indiana      Development Project Segment Boro of Indiana       $3,250,000
                 C
27  Jefferson    Punxsutawney FQHC Anchored  Primary Health        $2,000,000
                 Multi Service Facility      Network
28  Lackawanna   Marywood University         Marywood University   $4,000,000
29  Lehigh       Hamilton Crossings          TGG/TCH-Hamilton      $2,500,000
                                             Crossings
30  Lehigh       Sacred Heart-6th Tower      City of Allentown     $500,000
                 Patient Floor Renovations
31  Luzerne      Hayden Tower at the Markle  HDC Inc               $750,000
                 Building
32  Monroe       Route 611 Corridor Gas Line Sanofi-Pasteur        $5,000,000
                 II
33  Monroe       PMC Medical Home            Pocono Medical Center $3,000,000
34  Monroe       CBK Lodge                   CBK Lodge             $3,000,000
35  Monroe       Arcadia New Ventures        Pocono Mt. EDC        $1,500,000
36  Montgomery   Lankenau Hospital Master    Main Line Hospitals   $2,500,000
                 Facility
37  Montgomery   Madison Avenue Parking Lot  BPG Properties        $2,500,000
                 Redevelopment
38  Montour      Geisinger Hospital for      Geisinger Clinic      $2,400,000
                 Advanced Medicine
                 Majestic Bethlehem
39  Northampton  Center-Commerce Center      City of Bethlehem     $5,000,000
                 Blvd. North
40  Northampton  Lehigh Valley Charter High  LV Charter            $3,000,000
                 School for Performing Arts
                 Philadelphia Energy         Philadelphia Energy
41  Philadelphia Solutions Catalytic Cracker Solutions             $5,000,000
                 Turnaround
42  Philadelphia Philadelphia Museum of      Philadelphia Museum   $5,000,000
                 Art-Art Handling Facility   of Art
43  Philadelphia Central Green Project       PAID                  $4,000,000
44  Philadelphia Ambulatory Care Center and  Children's Hospital   $3,000,000
                 Parking Garage              of Phila
45  Philadelphia McNeil Science and          University of the     $2,500,000
                 Technology Center-Phase II  Sciences
46  Philadelphia Hamilton Family Children's  Philadelphia Zoo      $1,300,000
                 Zoo
47  Philadelphia Clinical Learning and       PCOM                  $1,000,000
                 Assessment Center
48  Philadelphia Center for Culinary         Enterprise Center of  $500,000
                 Enterprises                 Phila
49  Schuylkill   St. Luke's Miners Surgical  St. Lukes             $750,000
                 Center
50  Somerset     Myersdale Medical Office    Conemaugh Health      $1,000,000
                                             System
51  Washington   Starpointe Business Park    WCCEDC                $1,500,000
                 Phase 1B
52  Westmoreland City of Latrobe Parking     City of Latrobe       $1,000,000
                 Garage
53  Westmoreland Westmoreland County Airpark WCIDC                 $1,000,000
54  Westmoreland Western PA Operating        Western PA Operating  $500,000
                 Engineers                   Engineers
    TOTAL                                                   $124,750,000

SOURCE Pennsylvania Office of the Governor

Website: http://www.governor.state.pa.us