T and R Properties was awarded nearly $2 million to support two regional projects and their transportation infrastructure needs. $852,019 was pledged for the Cool Valley Development, a 900-acre commercial-residential project in Cecil Township, Washington County. $1 million was received for their 54-acre re-development of the former CONSOL Energy property in South Park, PA.
West View received $111,377 for transportation infrastructure to support the building of a new water treatment plant in Baden, PA. The completed project will add excess capacity to better serve the southern parts of Beaver and Butler counties as well as complement the Northern Lights shopping plaza, currently in the process of preliminary redevelopment.
Voodoo Properties, a subsidiary of Voodoo Brewery, was awarded $100,000 in gaming economic development funds which will be used to launch a redevelopment of West Eighth Avenue in Homestead, PA. The monies will be used for preliminary demolition of the area’s old municipal building, paving the way to repurposing the space into offices and a community and civic engagement center.
Triad is thankful to be able to work in tandem with our partner company DTI Development. There are many components that need to come together to make a bold economic development project come to fruition. Together, we have been able to identify multiple public funding sources and financing options to make many economic developments possible.
Congratulations to our clients- we look forward to continuing the partnership for the betterment of your local communities and the Commonwealth, at large.