$5.7M loan to prime development near Pittsburgh International Airport |

$5.7M loan to prime development near Pittsburgh International Airport

A regional financing initiative made a $5.7 million loan to the Allegheny County Airport Authority to support developments in the Clinton Commerce Park in Findlay.

The Power of 32 Site Development Fund Partners made the loan to cover infrastructure improvements at the site including storm water management, erosion controls, utility line installation and roadway access to prime the site for future development.

The 100-acre site is expected to yield 1.45 million square feet of new industrial space.

The loan is the second made by Power of 32, a Pittsburgh-based fund that plans to support infrastructure sites in the 32-county region including Ohio, West Virginia and Maryland.

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