Funding to Create Redevelopment Opportunity in Columbia Borough, Aument Says

LANCASTER – Sen. Ryan Aument (R-36) announced that the Commonwealth Financing Authority (CFA) awarded a $3.3 million grant and a $5 million low-interest loan to develop the McGinness Innovation Park in Columbia Borough, which will generate more than 110 new jobs in the community.

The funding will be used to develop a 38-acre site previously used as a private airport into the largest urban redevelopment opportunity in Lancaster County. The McGinness Innovation Park will be a state-of-the-art business/technology park that could be the center for unmanned aerial technology. It could also be used for up to 550,000 square feet of commercial/industrial buildings and generate 114 new jobs.

“This is an exciting opportunity for Lancaster County that wouldn’t have been possible without the CFA grant and loan, which is the second largest awarded statewide this cycle,” Aument said. “The community and the leaders here have created great momentum to revitalize and repurpose areas to become more attractive to prospective businesses and residents. In awarding this grant, the state has shown that it believes in the success of this project and the ability of local leaders and entrepreneurs to boost Columbia’s economy and bring opportunity to our region.”

Funds will be used for engineering, permitting, remediation, excavation, stormwater facilities, sidewalks and streets, installation of water/sewer and landscaping.

The project was funded by the CFA, which is an independent agency of the Department of Community and Economic Development that administers many of Pennsylvania’s economic development and community improvement programs.

CONTACT: Stephanie Applegate


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