PHILADELPHIA, March 1, 2016 – With the promise of economic renewal and 140 new jobs in a North Philadelphia community that is part of her district, state Sen. Christine Tartaglione today helped to break ground for an 85,000-square-foot retail facility.

Tartaglione’s efforts secured a $2.5 million low-interest loan from the Commonwealth Finance Authority for the Plaza Allegheny project.

“Plaza Allegheny will help the residents of Fairhill in countless ways,” Tartaglione said. “People will find jobs; more people will come here to shop and spend their money, which benefits the local economy; and we are converting an underutilized property into productive use.

“My thanks to the Philadelphia Industrial Development Corporation, the City of Philadelphia, Mayor Jim Kenney, Legend Properties and others for their time and dedication in making this day a reality.”

Sen. Tartaglione said Plaza Allegheny has received the full support of area union members who have been involved in the project planning discussions and will serve an integral role during construction.

Plaza Allegheny is at 400 W. Allegheny Ave., across from the Maria De Los Santos Health Center.

In addition to the low-interest CFA loan, the Plaza Allegheny project secured $13.64 million in matching funds.

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Contact: Mark Shade

Phone: 717-787-9220

mshade@pasenate.com

 

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