|From:||Lenny Siegel <firstname.lastname@example.org>|
|Date:||Sat, 25 Oct 2014 01:19:46 -0700 (PDT)|
|Subject:||[CPEO-BIF] Former LTV site, Hazelwood, Pennsylvania|
State Approves $10M Subsidy Package for Pittsburgh’s Almono-Hazelwood
By Adriana Pop Commercial Property Executive October 22, 2014Pennsylvania Gov. Tom Corbett has announced $10 million in state funding to help support the approximately $1 billion redevelopment of the former LTV Steel site along the Monongahela River in Hazelwood.
The subsidies, which include a $5 million Economic Growth Initiative grant and a $5 million Transportation Economic Development Fund grant, would be used to cover parts of the project’s infrastructure cost, which amounts to an estimated $103 million.
According to Corbett, the investment has the potential to turn what was once an environmental wasteland into a prosperous center of commerce and innovation.
... For the entire article, seehttp://www.cpexecutive.com/cities/pittsburgh/state-approves-10m- subsidy-package-for-pittsburghs-almono-hazelwood- brownfield-2/1004106004.html
-- Lenny Siegel Executive Director, Center for Public Environmental Oversight a project of the Pacific Studies Center 278-A Hope St., Mountain View, CA 94041 Voice: 650/961-8918 or 650/969-1545 Fax: 650/961-8918 <email@example.com> http://www.cpeo.org _______________________________________________ Brownfields mailing list Brownfields@lists.cpeo.org http://lists.cpeo.org/listinfo.cgi/brownfields-cpeo.org
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