When it comes to success in the competitive environment of economic development, having pad-ready sites available is a powerful tool. The Bedford County Development Association is well aware of this fact. That is one of the important reasons that it is moving ahead with the development of Business Park II.
The project, which includes engineering, design, permitting and earthwork on 80 acres in the park, will cost $2.4 million
BCDA recognizes the importance of staying ahead of the demand for sites that can quickly accommodate the facility needs of companies seeking to locate or expand in Bedford County.
“We are doing everything we can to make this property available to the market,” said Travis Collins, Chair of the BCDA Board of Directors. “This site will add great value to a future employer, or a local company seeking to grow. The current project will eliminate months in site preparation and insure that there are no surprises during site development.”
Collins also pointed out that the site under development is located within a Keystone Opportunity Zone, a program that provides attractive tax incentives for employers including no property taxes for ten years.
“We are going to make this Business Park as user friendly as possible,” said Collins.
Glenn O. Hawbaker of State College was awarded the project contract, which includes the moving of approximately 490,000 cubic yards of earth.
H.F. Lenz Company has completed the geotechnical engineering design, final design and will monitor the site throughout the completion of the project.
Over time, the project is expected to generate between 200 and 300 new jobs for Bedford County and the surrounding region.
“We are very pleased to move forward with this project,” said Bette Slayton, BCDA President. “We did not have the financing to complete the Business Park at one time. It is therefore gratifying to see Phase Two take shape. We have been planning for this project for a few years.”