Contracts awarded for building at Greene County business park
MOUNT MORRIS – The Regional Industrial Development Corporation of Southwestern Pennsylvania (RIDC) has awarded contracts for the new multi-tenant flex building at Meadow Ridge Business Park in Mount Morris. Meadow Ridge is a joint development project of RIDC and the Greene County Industrial Development Authority.
Davis & Sons of Spraggs, with a bid of $642,000, was selected for the building construction, while Richard Lawson Excavation of Canonsburg, with a $374,091 bid, was chosen for the site work. The construction manager for the project is Guardian Construction Management Services Inc. of East Pittsburgh.
Construction of the 20,000-square-foot building should be completed by the fall.
“The building will include four 5,000-square-foot bays and could have as many as four tenants,” according to Wilbert Hannan, RIDC senior director of facility planning. “Each tenant will have a separate front entrance and access to rear loading docks. RIDC is handling leasing for the building.
Total project costs are estimated at $1.4 million. The Pennsylvania Redevelopment Assistance Capital Program, Office of the Budget, is providing $700,000 in funding.
“This building is long overdue in our development efforts at Meadow Ridge,” said GCIDA Executive Director Don Chappel. “This eventual building and its occupants will be a tremendous incentive for further development at the park. Two companies have already expressed an interest in the building, and hopefully the actual construction will favorably sway their decisions.”
Under development for the past three years, the 146-acre business park, located off Exit 1 of Interstate 79 in part of a Keystone Opportunity Zone, is home to Bell’s Wholesale and Morgantown Technical Services.
“The KOZ designation enables companies locating there to receive exemptions from almost all state and local business, real estate and employee taxes. It’s a significant incentive,” Hannan said.
Recognized as the region’s largest not-for-profit economic development agency, RIDC has been active in the development of urban and suburban office parks in the 10 counties of southwestern Pennsylvania. In addition, RIDC acts as a loan sponsor on behalf of freestanding enterprises throughout the region with a variety of city, county, state and federal agencies.