"This investment by the state is a testament to what can happen with a public/private partnership," Matzie said in a news release.
"The Value Ambridge Properties is a true brownfield success story, and these funds will help spur economic development, so it’s encouraging to see it get recognized in this way."
In addition to Value Ambridge Properties, a $1.9 million grant was awarded to Colona Transfer in Monaca to upgrade river cells, dock, and rail turnouts. The money will also be used for the rehabilitation of track at the Colona Transfer facility originally built in the early 1930s.
A $261,000 grant was also awarded to Monaca Borough to make improvements on a 10-block segment of Pennsylvania Avenue, including projects to better accommodate vehicles, pedestrians and bicycles.
The grants are among 86 projects in 35 counties that will be funded with $84 million from the state Transportation Department’s Multimodal Transportation Fund Investments. Besides the multimodal projects, PennDOT is investing $7.2 million in Act 89 transit funding for five transit projects that applied for multimodal funding.
Selections were based on such criteria as safety benefits, regional economic conditions, the technical and financial feasibility, job creation, energy efficiency and operational sustainability. Projects require a 30 percent match from local sources.
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