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Category: Uncategorized

Construction

PLAN UNVEILED FOR SUBURBAN HARRISBURG MALL

A Maryland developer has revealed its vision for what will replace the Harrisburg Mall, a longtime suburban destination destined for the wrecking ball. Baltimore-based St. John Properties is proposing a roughly 550,000 square-foot development — dubbed Swatara Exchange — that includes a mix of retail and commercial buildings, with a smidgen of office space. While the plan calls for […]

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Legal

Court voids PA carbon-emission rules

A state court has tossed aside regulations that would have enrolled Pennsylvania in a multistate carbon-cutting program, regulations that were a climate-change priority for the former administration of Gov. Tom Wolf.At issue was whether the heart of the program — a market in which companies must buy credits to emit carbon — represented a fee or […]

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Banking/Finance

Brokerage buys capital-area advisory firm

A Harrisburg-area financial advisory has joined the wave of consolidation washing over the industry.Comprehensive Financial Associates, based in Susquehanna Township, has been acquired by insurance and benefits brokerage AssuredPartners, according to a press release from Wise Rhino Group, the M&A firm that advised Comprehensive Financial. Terms of the transaction were not disclosed. But it also includes an […]

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Entrepreneurship

Black-owned firms tapped for legal services program

McNees Wallace & Nurick has picked 10 small, Black-owned businesses to receive free legal services in the third annual installment of the Harrisburg-based law firm’s program to overcome barriers to business growth and success.The small businesses, introduced last week at a reception at the King Mansion in Harrisburg, hail from across Central Pennsylvania, as well as […]

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Uncategorized

Podcast: Childcare challenges

The challenges for childcare providers have not eased since the pandemic. If anything, they have grown steeper, as providers struggle to retain and attract workers at a time of rising wages.But if business leaders have learned anything over the last few years, it is that working parents need access to quality childcare if they hope […]

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Construction

Land-use fights flare across Central PA

The ground may be cold but battles over land use in Central Pennsylvania are heating up.Residents and developers are clashing on several fronts across the region.Not surprisingly, proposed warehouses are among the sharpest points of contention.Large-scale solar projects have triggered outcries, as well.But disputes also have arisen over housing, most notably in Lancaster city, where a […]

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Banking/Finance

Nonprofit sues bank after alleged account fraud

Fraudsters drained nearly $250,000 from bank accounts of the Center for Independent Living of Central PA, and the Harrisburg-based nonprofit wants its bank, Mid Penn Bank, to refund the money, according to a lawsuit filed last week in Dauphin County court.The Harrisburg-based bank allegedly failed to enforce “commercially reasonable” security controls on the accounts and thus it […]

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Uncategorized

Low-interest loan bolsters Lancaster apartment project

Construction on $15 million affordable-housing project in Lancaster city is pulling closer to the starting bell.The developer, a Lancaster-based real estate investment fund called OZFund Inc., has landed a low-interest $1.8 million loan to help cover the costs of stormwater remediation and a “green roof” for the project, which is slated for 800 S. Queen St. in […]

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Government

Court ruling could prompt millions in corporate tax refunds

Thanks to a recent court ruling, the commonwealth of Pennsylvania could be on the hook for more than $100 million in tax refunds to businesses.The ruling came in a case that arose over provisions outlining how companies can use past losses to lower their tax bills.Some corporate taxpayers have claimed, successfully, that provisions that have […]

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