Geiger
Development
Corporation
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About Us
Somerset Business Park is a proposed 625+ acre business park
located in Somerset County, PA. The location is in southwestern
Pennsylvania, approximately 60 miles southeast of Pittsburgh.
Somerset Business Park
(Click
to view larger image)
The business park site enjoys over one mile of frontage on the
PA Turnpike (I-70/I-76). It is less than a mile from the Somerset
Interchange. In addition, there have been discussions with the
PA Turnpike Commission about the installation of a ‘slip ramp’ to
provide direct access to the site. The site also enjoys over 1,800
feet of frontage on US Route 219, a north/south limited access
highway.
The site is or can be easily serviced by all public utilities. It is
adjacent to the new Quemahoming Pipeline, a 24" water
transmission line that will commence construction in spring of
2008, and which will deliver an additional two million gallons per
day to the area.
(Read
Daily American Article)
Further, there is an onsite water source suitable
for industrial use that provides approximately 1,000,000 gallons
per day.
Within the tract, 133 acres have been designated by the State of
Pennsylvania as a Keystone Opportunity Zone. The
KOZ
designation provides exemption from state income taxes and local
real estate taxes through December 2013.
There are
far reaching benefits of this project, not only for
this corporation, but also for the growth and economics of this
entire region. It is likely
that the local economy will
significantly benefit from the job
creation, tax base, tourism,
additional traffic and revenue
generation it will yield.
The prime location of the 850 acres,
bordering six highways,
as well as the existing resources
contained on the property,
provide a number of options for all
buying sectors; public,
private and residential.
PROPOSED USE OF THE SITE
Geiger is
proposing to develop this site into mixed use with primary focus
on Warehousing/Distribution. The park will be able to take advantage of
its prime location and visibility from the Pennsylvania Turnpike as well as
US 219.
DEVELOPER EXPERIENCE AND RESOURCES
Geiger
Development is, in large part, the brainchild of one of its owners,
Larry Mostoller. The project is being supported by local professionals,
engineers, consultants, and politicians.
COMPLETED PLANNING AND PRE-DEVELOPMENT ACTIVITY
With
cooperation from the Somerset County Department of Community
Development, Geiger Development has 133 acres designated as a Keystone
Opportunity Zone. Roads and infrastructure are to be designated by local
engineering companies from Geiger’s conceptual drawings of the build-out.
The property has been appraised with an updated schedule for 60 days.
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CONTACT INFO:
888 STOYSTOWN ROAD
SOMERSET, PA 15501
PHONE: 814.279.0044
FAX: 814.445.7644
EMAIL: larrymostoller@geigerdevelopmentcorp.com
