Moshannon Valley Regional Business Park
The Moshannon Valley Regional Business Park is the latest addition to the Partnership's arsenal of economic development "tools." The fourteen-lot business park provides fifty acres of developable ground and is located one mile east of Philipsburg, and just 22 miles from State College and Penn State University. As well, it is situated close to the new proposed Corridor "O", a four-lane limited access highway that will connect Interstate 80 in Clearfield County with Interstate 99 in Centre County.
Keystone Opportunity Zone Area
The Moshannon Valley Regional Business Park located one mile east of Philipsburg, along Rt. 322, Rush Township, Centre County is designated a Keystone Opportunity Zone (KOZ) which allows businesses located in the park to be exempt from numerous state and local taxes through December 31, 2017. Businesses that purchase a lot can apply to Harrisburg to receive a full 10-year KOZ benefit. There are currently five lots available that range from 1.3 acres to 4.9 acres.
The Former Philipsburg Area Hospital Site located ¼ mile east of Rt. 322 on Lochlomond Road, Rush Township, Centre County has been designated as a Keystone Opportunity Expansion Zone (KOEZ). The former hospital buildings are now being demolished and the 14.99 acre site will be cleared. The site will remain a KOEZ through December 31, 2022.
In addition to the tax benefits, the Moshannon Valley Economic Development Partnership is able to secure state loans for eligible companies at the lowest allowable interest rates. For more information contact Stan LaFuria, Executive Director, MVEDP at 814-342-2260. For more information on the KOZ and KOEZ tax benefits visit www.newPA.com.
Powdered Metals Cluster Development Initiative
The MVEDP is working to grow the powdered metals industry in the Moshannon Valley region. There are already two new powdered metals businesses located with the Regional Business Park. The area's close proximity to Penn State University's Center for Innovative Sintered Products, the large cluster of powdered metals businesses located one hour away in north central Pennsylvania, and the available workforce, make the Moshannon Valley area a prime location for the growth of the industry.
- Below-market lot prices for all types of businesses
- An available and skilled workforce
- Excellent housing values
- An excellent quality of life
To obtain more information, please contact the Partnership office.
Availability is subject to change. Please contact the Partnership for further information.
Business Park Flyer
At a Glance
One mile east of Philipsburg on PA Route 322
PA Route 322; nine miles from Interstate 80
14 lots that range in size from 1.3 to 5 buildable acres
Rush Township and Moshannon Valley Joint Sewer Authority
PA American Water Company
GPU Energy, 34.5 KVA line
Local propane providers