Pa. officials hope building attracts jobs

August 16, 1997


Staff Writer

CHAMBERSBURG, Pa. - U.S. Rep. Bud Shuster, R-Pa., on Friday dedicated a $2.5 million building expected to create 200 jobs at the Chambers-5 Business Park.

Officials hope to have half the building leased by the end of the year and the other half by June, said Allan E. "Skip" Jennings, president of the Chambersburg Area Development Corp., the building's owner.

It was built to suit all types of businesses, from offices to assembly work. Jennings would not reveal prospective tenants.

"Who knows. The future Intel, the future Microsoft may be nurtured in buildings like this one," said John E. Corrigan, regional director for the U.S. Economic Development Administration.


An administration grant paid for 75 percent of the construction costs. A consortium of local banks lent the rest.

The new 70,400-square-foot building is the only available space in the 350-acre business park and could accommodate four tenants.

Since the park opened eight years ago, about 25 businesses have created 2,000 jobs.

"Build it and they will come. That can very well be the motto for this building," Corrigan said.

A parade of Chambersburg officials, from Jennings to Mayor Robert P. Morris, recognized Shuster, R-Pa., for helping to secure the grant.

Chambersburg was eligible for the economic development grant because of the downsizing of Letterkenny Army Depot.

In addition to the building grant, the economic development administration created a $500,000 revolving loan fund for small businesses.

The money has already been lent to 15 Franklin County businesses.

Shuster said although he considers himself a fiscal conservative, he fought hard to keep the economic development administration alive.

"We're willing to vote to spend money when that money will be spent to build assets," he said.

The building will bring in money that the Chambersburg Area Development Corp. can use to develop more land in the business park, Jennings said.

The corporation also plans to help the borough of Chambersburg improve the water supply in the area and contribute to downtown revitalization.

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