After a hiatus of about 20 months, Pennsylvania is back in the RACP business. That would be the Redevelopment Assistance Capital Program, a grant initiative
Harrisburg city council this week unanimously approved acompany’s plans to convert a long-vacant building at 100 N. 13th St. into 12 apartments in a renovation project valued at $900,000, according to city records. Erected in 1922, the roughly 11,580-square-foot building is a former publishing company office that has been vacant for decades, according to Jarred […]
HDC MidAtlantic, a nonprofit housing developer based in Lancaster, paid nearly $3.9 million for Nathan Village in a bid to preserve the affordable housing status of the 51-unit senior apartment community in Upper Leacock Township, Lancaster County. The affordable rental complex at 47 Laura Lee Blvd. was previously owned by a partnership called N.L. Associates, according […]
A defense contractor with two plants in the York area has added a third. San Diego-based Kratos Defense & Security Solutions said yesterday it opened a 167,000-square-foot factory on the former York International campus at 631 S. Richland Ave. in Spring Garden Township. Kratos did not disclose its total investment in the plant, which will support the company’s […]
Federal regulators have cleared energy company Constellation to buy fuel for the Crane Clean Energy Center, the mothballed nuclear reactor on Three Mile Island in Dauphin County. The Baltimore-based company aims to restart the reactor next year and sell power to Microsoft, which needs electricity for its data centers. Why does it matter: The approval to buy and […]
A real estate investment firm has acquired a portfolio of 18 Dollar General stores in Pennsylvania and Ohio. Realty Income Corp. paid $22.7 million for the stores, which include locations in Fawn Grove, Greencastle, Jersey Shore and Tioga, according to CBRE. Agents from CBRE represented both Realty Income and the seller, Miller Bros. Construction Inc., a contractor based in […]
Joseph Muth has been named CFO of McGrew Management Co., a holding company for trucking and equipment sales businesses based in North Codorus Township, York County. He joins McGrew in a new role for the company following a growth spurt, including the 2018 formation of subsidiary Crownstone Equipment, a regional chain of Bobcat equipment dealerships. Muth worked […]
Grant Denham has been named chief of staff at Pennsylvania Data Center Partners, a Harrisburg-based data center developer, in a newly created role. Denham will help guide acquisition, development and capital markets strategy as the company advances data center development across Pennsylvania and other U.S. markets. He will coordinate cross-functional workstreams to advance site entitlements, […]
Soon after Penn State announced last year that it would close seven branch campuses across Pennsylvania, questions swirled about what was next for the properties. A question also arose about Penn State’s freedom to divest the campuses, at least to something besides another school. While the larger question of “what’s next” remains unsettled, state lawmakers answered the narrower […]
Evdoxia “Xia” Madonis has joined Barley Snyder as an associate in the Lancaster-based law firm’s business practice group. Madonis advises clients on corporate and business matters including complex transactions, corporate governance, regulatory compliance and contract drafting and negotiation. She joins Barley after practicing at an AmLaw 100 firm in New York City, where she worked […]