Lancaster City Alliance Economic Development Plan Looks At Whole City

The Lancaster City Alliance wants to see $1 billion in private investment in the city over the next 15 years.

It’s one of the many goals — both specific and broad — of the economic development strategic plan the alliance put together to foster the city’s growth over the next 10-15 years.

The plan will be released to the public Thursday evening at the Ware Center.

Bob Shoemaker, Alliance president, and Marshall Snively, its executive vice president, talked with LNP’s editorial board about the year-long process on Thursday.

Read more:

http://lancasteronline.com/news/local/lancaster-city-alliance-economic-development-plan-looks-at-whole-city/article_6698547a-0bc7-11e5-b611-8b51c7e97c34.html

LTV Site In Hazelwood Nearly Ready For New Identity

A map of Pittsburgh, Pennsylvania with its neighborhoods labeled. For use primarily in the list of Pittsburgh neighborhoods. (Photo credit: Wikipedia)

Work to level a former steel mill in Hazelwood is expected to be done by the end of August, clearing the way for contractors to build a 1½-mile road and run utility lines through the 178-acre property, a developer said on Friday.

“Once the infrastructure work is under way, I think it will unlock tremendous interest in the site” from prospective tenants, said Donald F. Smith Jr., president of the Downtown-based Regional Industrial Development Corp.

RIDC is partnering with four foundations under the name Almono to transform the former LTV Steel Co. site. They bought the riverfront property in 2002 and envision more than $1 billion in development happening there during the next two decades, including 1,400 housing units, 1.3 million square feet of office space and nearly 950,000 square feet of industrial space.

Read more: http://triblive.com/news/allegheny/6583745-74/million-site-development#ixzz3A6HN2TvF
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A Tale Of Two Improvement Zones

ALLENTOWN, PA — In the center of this city’s downtown is a Civil War monument complete with a sailor, artilleryman, infantryman and a cavalry soldier.

It is very similar to the one in Lancaster’s Penn Square, but larger.

That’s fitting for a city with twice the population and twice the land area as Lancaster.

And for a city that has experienced proportionally larger swings of fortune.

Read more: http://lancasteronline.com/news/local/a-tale-of-two-improvement-zones/article_f8de6fa0-f277-11e3-8f19-0017a43b2370.html

Price Tag For Fixing I-83 Congestion Is Out Of Reach

Locator map of the Harrisburg metro area in the south central part of the of . Red denotes the Harrisburg-Carlisle Metropolitan Statistical Area, and yellow denotes the Lebanon Micropolitan Statistical Area, which is included in the Harrisburg-Carlisle-Lebanon CSA. (Photo credit: Wikipedia)

If you’re jumping onto Interstate 83 North using the New Cumberland ramp, just south of the 83 split, there’s a secret to surviving the experience.

For the uninitiated, the ramp starts at a stoplight and heads up a small hill, blindly leading drivers onto a congested, two-lane highway.  The merge zone can be measured in hands, not feet.

The key is to hammer the accelerator heading up the ramp, and whisper a silent prayer that a gold Buick isn’t stopped at the top.

If you time it right, you’ll hit highway speeds about the same time as you hit the road, which, if everything goes according to plan, allows you to slip into traffic between two tractor-trailers.

Read more: http://www.pennlive.com/midstate/index.ssf/2013/08/i-83_york_split_eisenhower_int.html#incart_flyout_news

AOL To Sell 800 Patents To Microsoft For $1 Billion

The second logo for AOL, used from 2006–2009 (Photo credit: Wikipedia)

(Reuters) – AOL Inc said it would sell over 800 of its patents and related applications to Microsoft Corp , and would grant Microsoft a non-exclusive license to the patents it retains, for slightly over $1 billion in cash.

AOL’s shares jumped 37 percent to $25.16 in trading before the bell on Monday. They closed at $18.42 on Friday on the New York Stock Exchange.

The Internet company said it plans to return a “significant portion of the sale proceeds” to shareholders.

Read more: http://www.mcall.com/business/sns-rt-us-aol-microsoftbre83809x-20120409,0,3464198.story