Located 0.1 mile from U.S. 6 along Stourbridge Rail Line.
Flat topography, 24 total acres available offering excellent expansion opportunity.
WIRED / Wall Street West
Wayne County is one of nine counties participating in the WIRED (Workforce Innovation and Regional Economic Development)/ Wall Street West initiative. The project’s main goal is to transform the nine-county region into the premier back-up operations location for Wall Street firms.
Wayne County’s own Sterling Business Park could ultimately benefit from this initiative. With construction anticipated to begin early 2008, Wayne County will soon be prepared to serve Wall Street’s back-up offices with a highly-skilled workforce, as well as an excellent location.
WEDCO is developing one of the best sites in the northeast – STERLING BUSINESS PARK– a 252- acre mixed use business park in the Pennsylvania I-84 Corridor. This Wayne County park sits within the fastest-growing region in the northeastern United States. It has all the affordability of a Pennsylvania location, while providing superior access to the New York, New Jersey and New England markets.
Sterling Business Park offers the “must have” qualities of a business park – superb highway access, lower costs, and a growing labor pool – all wrapped up in a uniquely rural setting. Capturing and maintaining this rural character is part of our design and the natural beauty of our wooded areas and mountain stream provides an excellent canvas for companies wanting a campus-like feel. Click on the link to the left for site selection data and approved site plans.
As Wayne County’s lead economic development organization, WEDCO provides necessary services to businesses that want to relocate or expand in our communities. We also support businesses that are here, helping them improve productivity and prosperity and foster the economic growth of our County.
WEDCO
News
RECOVERY ZONE BOND FINANCING AVAILABLE
Today, July 15, 2010, Wayne County has been declared a recovery zone by the Wayne County Commissioners, making recovery zone bond financing available for Wayne County Projects. Recovery Zone Facility Bonds were created as part of the American Recovery and Reinvestment Act of 2009 to stimulate the economy by making below-market financing available for private business projects across the country.
Wayne County’s allocation of recovery zone facility bonds is $ 2,064,000. Recovery Zone Bonds are a new type of private activity bond, already authorized by the Internal Revenue Code of 1986. Pennsylvania Economic Development Financing Authority (PEDFA) will be the issuer of these bonds for Wayne County Projects and WEDCO will act as the Applicant/Agent for these project. Eligible uses of the funds include purchasing real estate, renovating a building, or purchasing machinery and equipment. Borrowers will be required to obtain a letter of credit to secure the bonds. The tax-exempt nature of these bonds affords borrowers a below-market interest rate.
Delhi, NY, Honesdale, PA, Monticello, NY (July 12, 2010) - The economic development agencies of three counties in the Delaware River corridor - Delaware County, New York, Wayne County, Pennsylvania and Sullivan County, New York - have formed a coalition to provide information to the region’s residents about the economic impacts of gas drilling.
The coalition will seek and provide research-based information to help communities make sound business and environmental decisions. Mary Beth Wood, Executive Director of the Wayne Economic Development Corporation commented, “By pooling our resources, we can gather the best information that’s out there for our constituents.” Safe and responsible gas development could provide the three counties with much needed jobs and economic growth.
BUSINESS DEVELOPMENT SEMINAR SCHEDULED FOR JUNE 25
Did you know that all of Wayne County is HUB-Zone certified which gives us an advantage in government contracting?
Or that Pennsylvania boasts one of the most robust international trade networks?
Northeastern Pennsylvania Alliance's expert team of enterprise developers are coming to Wayne County on Friday, June 25, 2010 for a two-hour seminar on tools and programs available to generate revenue for business. The event will be held from 10:00 AM to Noon at the Wayne County Visitors Center, 32 Commercial Street, Honesdale.
The program will include a look at financing programs available to small businesses, as well as information on government procurement and international trade.
Click here for more information or call Denise McLaud at NEPA Alliance at 570-655-5581.
