Integrated Development Partners, LLC (IDP) is pleased to present “Steel Works” – Steelton Front Street Revitalization Project, located in the commercial town-center district, a busy, highly visible corridor on Front Street in the Borough that connects the City of Harrisburg to other municipalities and assets in Dauphin County Pennsylvania. This project is a strategic collaboration between IDP and Steelton Economic Development Corporation to revive Steelton’s Main Street corridor with over 102,000 square feet of mixed-use development consisting of 51 market-rate ADA multi-family units, a grocery store, first floor retail and medical space.
To promote a quality development project, IDP is currently collaborating with Dauphin County Economic Development Corporation and Redevelopment Authority to jointly pursue a $4 million-dollar grant through the Redevelopment Assistance Capital Program (RACP) to offset infrastructure and development costs associated with this project. A 10-year Local Economic Revitalization Tax Assistance (LERTA) program has been implemented for this site. These programs will ensure financial stability and serve as a catalyst for economic development projects that will create jobs, attract residents and additional investments into the Borough of Steelton.
Our team has significant experience in real estate and economic development, brownfield development, and land development projects within the region. IDP is committed to supporting economic growth and job opportunities to the residents of the communities we serve. We are confident in our expertise in reviving Steelton’s Main Street corridor.
“Everyone knows I’m proud to be from Steelton, and today I’m doubly proud that a fellow Steelton native is allowing our borough to take a huge step to a new and prosperous future,’’ said Commissioner George P. Hartwick, III. “The Steel Works is the kind of project that will show other developers what is possible in Steelton.’’
“It means a lot to me to do my first project in the town where I grew up and where I still have a lot of family,’’ said Bowser, the former CEO of the Cumberland Area Economic Development Corporation. “I believe this project will start to revitalize the borough and be a catalyst for additional development.’’
|Total Capital Investment||$14.8 Million |
|Economic Output||TBD |
|Total Local Investment ||$2,990,605 (YTD)|
|Current Tax Revenue||$6,255|
|Proposed Tax Revenue||$220,457 (after 10 Year Abatement)|
|Incremental Tax Revenue (Difference)||$214,202|
|Sewer Tap-in Fees||TBD|
|Ages between 19-64 years||50%|
|Median Household Income||$45,132|
|Homeownership||49.3% of the population|
|College Education||10.9% of the population |