Corporations, entrepreneurs, and developers researching Pocono-area industrial properties will get a better look at what the region has to offer thanks to an upgrade at PMEDC.com, the Pocono Mountains Economic Development Corporation (PMEDC)’s Website.
Thanks to a grant from PPL, PMEDC added 360 virtual tours of key properties in Monroe County’s industrial inventory.
Virtual tours are available for some Keystone Opportunity Zone (KOZ) approved lots at Pocono Mountains Corporate Center East, as well as Dein Properties on Burson Street in East Stroudsburg. The KOZ program allows for the waiver, abatement, or exemption of certain state and local taxes, including real estate, earned income, corporate net income, and sales and use taxes, among others.
The former Liz Claiborne distribution center in Pocono Mountains Corporate Center South, the now vacant 84 Lumber in Mount Pocono, and the former Laird Technologies building in Delaware Water Gap are also among the non-KOZ properties for which 360 tours are available.
“Giving corporate real estate executives as much information as possible before they make their first visit to the region shows two things,” says PMEDCExecutive Director Chuck Leonard.
“First, we respect their time and want to make sure Monroe County is a viable location for their enterprise,” he says. “And second, PMEDC will provide every tool available to persuade them to bring their business to the Poconos.”
The $10,000 PPL Blue Ribbon Grant also funded a soon-to-be-published marketing plan based on interviews with corporate real estate professionals in Pennsylvania, New Jersey, and New York; as well as a combined direct mail / print advertising campaign highlighting Monroe County’s Pocono Mountains Corporate Center East in Tobyhanna.
“PPL is pleased to be able to support projects that will promote Monroe County’s available properties and enhance PMEDC’s marketing plan,” commented Paul Canevari of PPL. “These grants signify our company’s ongoing commitment to economic development in our community.”
“We’re already seeing significant interest in our KOZ properties and in large part, we have PPL’s Blue Ribbon Grants to thank,” added Leonard.