York County Land Bank Authority Partners with York College of Pennsylvania
Former Schmidt & Ault property to become the Knowledge Park @ YCP
The York County Land Bank Authority, staffed by the York County Economic Alliance, is moving forward with assistance to the York College of Pennsylvania’s creation of the Knowledge Park.
Located at the former Schmidt & Ault Paper Company at 427 Kings Mill Road in the City of York, the Land Bank Authority will assist in the demolition of a severely blighted and deteriorated section of the building. The building has been vacant and deteriorating since the year 2000 when the paper company operations ceased.
The College purchased the property in 2008 with the intention of a future redevelopment opportunity and campus expansion. “The York County Land Bank Authority is a proud partner in this demolition, and is excited to help get the College’s Knowledge Park plans kicked off.” said Tom Englerth, chair of the Land Bank Authority. “The funds for this project came from the demolition funds established by the County Commissioners in May of 2018, when the Land Bank was established.”
“The development of the Knowledge Park @ YCP, upon completion, will add an element of diversity and opportunity to the York Community’s economic landscape,” said Dr. Pamela Gunter-Smith, President of York College. “Business enterprises who can benefit from an association with the resources, faculty, and the student population of York College will find the Knowledge Park facilities to be an attractive environment to operate while enriching the learning experiences for our students.”
The Land Bank and Blighted Property Review Committee are available to and stand ready to assist all municipalities, to help in the remediation of vacant and blighted properties throughout York County. To submit a property, or learn more about the program, please visit: https://www.yceapa.org/strategic-development/york-county-land-bank-authority/
About the Land Bank Authority
The York County Land Bank Authority was created through a partnership of the Redevelopment Authority of the County of York, the Redevelopment Authority of the City of York, and the York County Economic Alliance.
This Authority was created to help facilitate the conversion of vacant and/or tax delinquent properties and to bring them back into productive use and to bring them back onto the tax rolls. Each property or project provides a different economic development opportunity and will have a strategically planned outcome, whether housing, green space, or parking, the outcome will be its own particular highest and best use.
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