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The original item was published from 9/7/2017 11:31:00 AM to 2/1/2018 12:30:05 AM.

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Posted on: September 7, 2017

[ARCHIVED] WCIDC Board Accepts Proposal for Jeannette Rt. 30 Redevelopment

Colony Holding Companies' proposed design for Jeannette Rt. 30 Redevelopment

The Westmoreland County Land Bank can now enter into a formal agreement with Colony Holding for the 6.4-acre parcel for a purchase price of $2.1 million.

Greensburg, Pa., September 7, 2017 - The Board of Directors of the Westmoreland County Industrial Development Corporation (WCIDC), Gina Cerilli, Ted Kopas, and Charles W. Anderson, today announced their acceptance of a proposal from Colony Holding Companies to develop the Jeannette Route 30 Redevelopment Project. 

The Board of Directors of the Westmoreland County Land Bank announced their approval last week. With both parties formally accepting Colony’s proposal, the Land Bank, who owns the site, can now enter into a formal agreement with Colony Holding for the 6.4-acre parcel for a purchase price of $2.1 million. Colony is planning to develop "Jayhawk Commons," a mix of commercial and retail space. 

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