O’Neill Properties Group, Hankin Group and Braskem America
Inc. were among the local companies to receive million of dollars in state
taxpayer funds for various projects.
Philadelphia County received the most money and had the
largest number of projects to get funds. Among those that got funding were
Philadelphia Energy Solutions, which is a partnership between the Carlyle Group
and Sunoco Inc. It received $5 million. Fox Chase, Thomas Jefferson University,
Temple Health, the Children’s Hospital of Philadelphia and St. Christopher’s
are health-care entities in Philadelphia that were awarded money.
Like a holiday gift from the governor, Pennsylvania annually
announces right before Christmas who gets theses so-called Redevelopment
Assistance Capital Program Grants. Gov. Tom Corbett’s administration announced
who got awards and for which projects on Dec. 23.
In all, $133 million went for 58 projects. The grants range
in value from a minimum of $500,000 to a maximum of $5 million. The
administration said the projects will create or sustain 45,000 jobs in 24
counties throughout Pennsylvania.
It's the latest installment of the Redevelopment Authority Capital Program grants, a program that's been popular with lawmakers and developers since the 1980s. Read the list at http://www.portal.state.pa.us/portal/server.pt/document/1362933/round_1_2013.pdf
Here’s the list of local projects by county, who received it
and how much.
Bucks
Warminster Community Park Recreation Center
Warminster Township
$1.76 million
Chester
Chester County Historical Society Revitalization
Chester County Historical Society
$750,000
East Brandywine Development
Carlino East Brandywine LP
$1 million
Innovation Center at Eagleview
The Hankin Group
$1.5 million
Uptown Worthington Mixed-Use Development
Worthington Associates Holding,
$2 million
Delaware
Bruder Life Center Addition Project-Neumann University
Neumann University
$1.5 million
Chadds Ford/Concord Township Redevelopment
Chadds Ford Investors
$1.5 million
Project Clarity - Marcus Hook Splitter Acquisition
Braskem America Inc.
$5 million
Montgomery
AIM Recreation and Arts Center
Academy In Manayunk
$1.5 million
Philadelphia
AC Linen Philadelphia Project
Atlantic City Linen Supply Inc.
$1.75 million
Aloft Philadelphia at the Convention Center
Realen Broad Street Partners LP
$2 million
Ambulatory Care Center Phase II
The Children’s Hospital of Philadelphia
$3 million
Big Cat Falls Trailway System
The Philadelphia Zoo
$1.5 million
Combined Fox Chase Cancer Center
Fox Chase Cancer Center
$4 million
Lutheran Seminary, Campus Economic Development Initiative
The Lutheran Theological Seminary at Philadelphia
$750,000
Philadelphia Energy Solutions Catalytic Cracker
Philadelphia Energy Solutions
$5 million
Prince Music Theater Improvement
The Prince Music Theater
$2 million
St. Joseph’s University Campus and Community Improvements
St. Joseph’s University
$2.75 million
St. Christopher’s Hospital for Children Expansion
St. Christopher’s Hospital for Children
$3.0 million
Temple Heart and Vascular Center
Temple University Hospital
$1.5 million
Thomas Jefferson University Expansion/Physician Assistant
Program
Thomas Jefferson University
$1 million O’Neill Properties Group, Hankin Group and
Braskem America Inc. were among the local companies to receive million of
dollars in state taxpayer funds for various projects.
Philadelphia County received the most money and had the
largest number of projects to get funds. Among those that got funding were
Philadelphia Energy Solutions, which is a partnership between the Carlyle Group
and Sunoco Inc. It received $5 million. Fox Chase, Thomas Jefferson University,
Temple Health, the Children’s Hospital of Philadelphia and St. Christopher’s
are health-care entities in Philadelphia that were awarded money.
Like a holiday gift from the governor, Pennsylvania annually
announces right before Christmas who gets theses so-called Redevelopment
Assistance Capital Program Grants. Gov. Tom Corbett’s administration announced
who got awards and for which projects on Dec. 23.
In all, $133 million went for 58 projects. The grants range
in value from a minimum of $500,000 to a maximum of $5 million. The
administration said the projects will create or sustain 45,000 jobs in 24
counties throughout Pennsylvania.
Here’s the list of local projects by county, who received it
and how much.
Bucks
Warminster Community Park Recreation Center
Warminster Township
$1.76 million
Chester
Chester County Historical Society Revitalization
Chester County Historical Society
$750,000
East Brandywine Development
Carlino East Brandywine LP
$1 million
Innovation Center at Eagleview
The Hankin Group
$1.5 million
Uptown Worthington Mixed-Use Development
Worthington Associates Holding,
$2 million
Delaware
Bruder Life Center Addition Project-Neumann University
Neumann University
$1.5 million
Chadds Ford/Concord Township Redevelopment
Chadds Ford Investors
$1.5 million
Project Clarity - Marcus Hook Splitter Acquisition
Braskem America Inc.
$5 million
Montgomery
AIM Recreation and Arts Center
Academy In Manayunk
$1.5 million
Philadelphia
AC Linen Philadelphia Project
Atlantic City Linen Supply Inc.
$1.75 million
Aloft Philadelphia at the Convention Center
Realen Broad Street Partners LP
$2 million
Ambulatory Care Center Phase II
The Children’s Hospital of Philadelphia
$3 million
Big Cat Falls Trailway System
The Philadelphia Zoo
$1.5 million
Combined Fox Chase Cancer Center
Fox Chase Cancer Center
$4 million
Lutheran Seminary, Campus Economic Development Initiative
The Lutheran Theological Seminary at Philadelphia
$750,000
Philadelphia Energy Solutions Catalytic Cracker
Philadelphia Energy Solutions
$5 million
Prince Music Theater Improvement
The Prince Music Theater
$2 million
St. Joseph’s University Campus and Community Improvements
St. Joseph’s University
$2.75 million
St. Christopher’s Hospital for Children Expansion
St. Christopher’s Hospital for Children
$3.0 million
Temple Heart and Vascular Center
Temple University Hospital
$1.5 million
Thomas Jefferson University Expansion/Physician Assistant
Program
Thomas Jefferson University
$1 million
Source: Philadelphia
Business Journal
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