$1.5 million grant coming for Life Sciences Technology Park
HARRISBURG, Oct. 28 – State Rep. Sid Michaels Kavulich, D-Lackawanna, said a $1.5 million state grant has been awarded to NorthEast Environmental Technology to redevelop and revitalize an existing office building and surrounding land in Mayfield to create a technology-friendly business park.
“The high-tech, high-wage jobs of today and tomorrow are key to a vibrant, growing economy in Lackawanna County and northeastern Pennsylvania, and this funding is a huge positive step forward for a project to deliver those jobs to our area,” Kavulich said. “We can’t thank Governor Wolf and his team enough for recognizing the work the innovators at the NEET Center are doing, and for bringing state dollars to this project.”
The project takes an existing 95,000-square-foot office building and an adjacent 16-acre parcel and will prepare the site to develop additional buildings to create nearly 300,000 square feet of state-of-the-art space perfect for biotechnology and science firms to build a startup operation or relocate from another region.
The funding was delivered from the Pennsylvania Redevelopment Assistance Capital Program – a state grant program administered by Gov. Tom Wolf’s Budget Office that specializes in helping local projects with positive economic, cultural, civic, recreational, and historical impacts.