Three area projects — one in Montgomery County and two in Chester County — have been approved for millions in state funding to support redevelopment efforts.
The projects receiving funding through the Business in Our Sites, or BOS, program are the redevelopment of the former Rohm & Haas Spring House facility in Lower Gwynedd, the redevelopment of the Pennhurst Hospital site in East Vincent and restoration of the former Foote Mineral site in East Whiteland, writes Brian McCollough for the Daily Local News.
In all, seven projects that will create 3,300 jobs in six counties were approved for funding by the Commonwealth Financing Authority, said Gov. Tom Wolf in announcing the grants and loans.
“The Business in Our Sites program is a critical business development tool that allows us to prepare an arsenal of pad-ready sites for future business growth in Pennsylvania,” Wolf said. “The projects approved will take sites in need of redevelopment and prepare them for Pennsylvania’s businesses of tomorrow, today.”
The Chester County Economic Development Council will administer the funding for the two Chester County projects while the Redevelopment Authority of the County of Montgomery will handle the Rohm & Haas project.
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