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- Showcase of Homes
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Rock Lititz snags $3M state grant
PATRICK BURNS Record Express Staff firstname.lastname@example.org
, Staff Writer
The Corbett administration has awarded a $3 million grant for the proposed one-million square-foot Rock Lititz campus project.
The long term plan is to construct space for Clair Global, Tait and Atomic Design in a specialized industrial park on a 96-acre farm on Newport Road, off Route 501.
The campus, which last week received conditional approval from Warwick Township for the initial Phase I of the project, was selected because it meets Economic Growth Initiative grant requirements.
The Economic Growth Initiative provides grants to local communities for the construction of regional economic, cultural, civic, recreational and historical improvement projects.
Andrea Shirk, program manager, last week said the project, which will construct offices, design studios, warehouses, and facilities, would progress when financial arrangements are worked out.
Economic Growth Initiative grants require that the funds be matched at least equally by other sources of funding. Shirk said Rock Lititz would match the $3 million funding.
The grants range in value from a minimum of $500,000 to a maximum of $5 million.
The Corbett administration last year reformed the state’s method of funding Redevelopment Assistance Capital Program 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.
Rock Lititz is projected to create 500 new jobs over the next 15 years.
More ROCK LITITZ, page A14