NEWS
Bristol's
Bridge Business Center receives $1M in stimulus funds
for new energy system
Keystone Edge Online Magazine
August 6, 2009
BRISTOL, PA — For the last two years, Keystone
Redevelopment Group has been redeveloping 35 acres
formerly owned and occupied by Rohm and Haas in Bristol.
The Doylestown-based firm saw potential in its Bridge
Business Center, a $25 million project that will make
over 200,000 square feet of existing laboratory, office
and manufacturing buildings, and is now being rewarded
for its belief in the site and the region.
The center received $1 million in stimulus
funds recently to install a highly efficient energy
system, including micro-turbines, chillers and a cooling
tower in a retrofitted chemical laboratory.
"It's clean, green energy and above
all that we're able to provide economic savings for
tenants in that building," says Rob Loughery,
Keystone managing member.
The $2.6 million project has created
more than 50 temporary jobs and is expected to save
1.8 million KWh/year, generate 4 million KW/year and
reduce local carbon dioxide emissions by 2,522 tons
annually. Tenants like Bucks County Community College,
AE Polysilicon, AC Pharmtech and Chemistry Research
Solutions will reap the savings. Keystone has leased
30 percent of the existing 50,000 square-foot building
since the beginning of the year. Plans to market the
second building, a 100,000 square-foot space for labs,
offices and flex space, are underway
Keystone is working on other projects
geared toward life sciences in Greater Philadelphia,
including opportunities similar to Bridge, to provide
space for research and technology companies.
"Pennsylvania has done a very good
job of positioning itself to attract and entice those
types of companies involved in those industries,"
says Loughery.
Source: Rob Loughery, Keystone Development
Group
Writer: Joe Petrucci
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For more information, you can download our Marketing
Brochure Package or please address inquiries to:
Keystone Companies Group, Inc.
242 Wood Street
Doylestown, PA 18901
215-348-7533 (main office)
215-348-7532 (fax)
Rob Loughery: rob@keystoneredevelops.com
Greg Ventresca: gav@keystoneredevelops.com
www.keystoneredevelops.com |