State announces $4 million investment in SF’s Newbury MarketPublished Jan 6, 2014 at 9:11 am (Updated Jan 6, 2014 at 9:11 am)
The site of the Newbury Market mixed-use development off Interstate 79 in South Fayette Township.
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Pennsylvania announced that it will invest $4 million into the construction of Newbury Market in South Fayette Township, said state Rep. Jesse White, D-Allegheny/Beaver/Washington.
Development at Newbury Market aims to turn a brownfield into a retail, dining, office and hotel commercial space.
“South Fayette Township, through our board of commissioners and state representatives, has been supporting and working diligently on this important project over the past six years, and it is becoming more and more evident that our efforts, particularly over the past two years, are bringing us closer and closer to reaching full development potential,” said South Fayette Township Board of Commissioners President Deron Gabriel. “The residents of South Fayette Township have been crying out for more dining and retail options, and Newbury Market represents the fruit of our unwavering focus.”
The grant is from the Redevelopment Assistance Capital Program, which provides grants to local communities for the construction of regional economic, cultural, civic, recreational and historical improvement projects.
“Not only does the state’s sizeable investment show that the project is headed in the right direction, but it affirms South Fayette Township as a credible and important place in which to invest right now,” White said. “It’s an exciting time for our region, and this announcement brings great credit to our state and local officials as well as our private partners.”
“This is a fabulous situation for South Fayette,” said Rep. Nick Kotik, D-Allegheny. “This will be a premiere planned community for the people in South Fayette, and a lot of people should be proud of their work in getting this project selected by the governor.”