Harrisburg, PA − August 1, 2019 – State Senator Vincent Hughes (D-Philadelphia/Montgomery) announced that $20 million in Redevelopment Assistance Capital Program (RACP) grants were awarded in the 7th Senatorial District.Sen. Hughes thanked Gov. Tom Wolf for his continued support of development in the district and across the Commonwealth of Pennsylvania through the RACP grants. The $20 million in grants were awarded in Sen. Hughes district spanning a diverse group of projects.
“I am always grateful to see investments in development in the district, especially those that help sustain jobs and provide critical services to constituents,” Sen. Hughes said. “We are continuing to see the benefits of the Redevelopment Assistance Capital Program in the district and statewide, which is why I am hopeful the commonwealth can devote more resources to this wonderful program.”
RACP is a state grant program administered by the Office of the Budget for the acquisition and construction of regional economic, cultural, civic, recreational, and historical improvement projects. The projects are selected based upon their job-creation potential, their economic impact, as well as their viability and construction readiness.
The projects in the 7th Senatorial District include:
- Montgomery County
- AmerisourceBergen: A total of $8 million in grants was awarded to AmerisourceBergen for consolidation of its operations in a 429,000 square-foot office facility in Conshohocken. The company’s corporate headquarters are based in the borough, which supports hundreds of jobs in the district and thousands of jobs with the company statewide.
- River Crossing Elm, LP: The SORA West Gateway project received $2 million in grants for its public parking plaza. SORA West will combine office, retail and hotel space to transform Conshohocken’s downtown core.
- Upper Dublin Township: The Upper Dublin Library and Innovation Center received $1 million in grants to help with expansion of its operations in a vacant two-story 57,200 square-foot office building. The funding will help renovate the 32-year-old building and enhance the library’s mission, as well as helping to provide a welcoming and inspiring facility for generations of visitors.
- Philadelphia
- WURD Radio received $500,000 for office space improvements at the station’s headquarters, as well as repairs to two AM tower antennas.
- The Williams Group Developers, LLC received a $1.5 million grant is expected to fund repairs at the existing property where portions of the building will be demolished, reconstructed, and renovated. The building will accommodate multiple tenants on two floors of commercial space and contain 40 residential units.
- 3600 Haverford Avenue Associates, LP received $1 million in funding towards the construction of Mantua Supermarket as a part of the Village Square on Haverford development. The proposed project will combine rental housing, the full-service market and office space.
- E Smith Properties received $4 million in funding for its Venice Innovation Island project, which will help fund the redevelopment of a massive 31-acre former industrial site into a vibrant 21st century live/work/play community in Manayunk. This project will entail a master plan that will transform a recently decommissioned paper plant into a new “Innovation Island.” The plan includes the adaptive re-use of nearly 500,000 square feet of existing space, selective demolition, new construction of several commercial buildings, multifamily residential space, and public access and amenity space.
- Community College of Philadelphia received $2 million for its Career and Advanced Technology Center on its West Philadelphia Regional Campus. The project includes construction of a 75,000 square-foot Career and Advanced Technology Center with space for automotive technology training, advanced manufacturing and health care in mind.
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