Financial Services : Development News

Flying Kite readers should remember the address 322 W. Chelten Avenue — the Germantown storefront was a site for our "On the Ground” program, a year-long initiative that activated underutilized spaces in under-covered neighborhoods. Thanks to a new loan program from the Commerce Department, 322 W. Chelten Avenue is now home to a thriving new business, Rose Petals Café & Lounge.

The InStore Forgivable Loan Program targets retail, food and creative businesses on commercial corridors that serve low- to moderate-income communities. The loans enable businesses to purchase equipment and materials in order to expand or open a new location. The Department of Commerce had previously offered grants for façade renovations through its Storefront Improvement Program, but a funding option for interior improvements did not exist.

"The program helps to revitalize Philadelphia's commercial corridors as the backbone of residential neighborhoods," says Jonathan Snyder, Sr. from the Commerce Department. "InStore Loans strategically invest in businesses that will increase foot traffic, improve the retail mix, enhance existing businesses, create jobs, and provide goods and services." 

The loans range between $15,000 and $50,000, and are forgiven if the recipient meets program guidelines for five years. For Rose Petals, the funding covered the cost of critical start-up supplies, including refrigeration units, a hood and exhaust system for the stove, new floors, shelving units, a copper ceiling and a coffee bar.

Rose Petals was selected because of its proximity to public transportation and distinction as one of the neighborhood's only sit-down restaurants. As the first business to receive an InStore Loan, the cafe influenced the program's development.

"They were selected as the pilot recipient to help us refine the application process to ensure it was as efficient as possible for future applicants," explains Snyder.

The InStore Program is now available for businesses on more than 88 eligible commercial corridors throughout the city. 

Writer: Nicole Woods
Source: Jonathan Snyder, Department of Commerce

It was 2008 the last time The Merchants Fund partnered with the Department of Commerce to offer ReStore Retail Incentive Grants for upgrading or establishing retail along neighborhood commercial corridors. West Philly's Mariposa Food Co-Op was one of the lucky recipients, successfully utilizing the funds to fill financial gaps and make the project a reality. Since opening, the Baltimore Avenue grocery has quintupled in size, created 30 jobs, remediated a food desert and helped stabilize a commercial corridor. That same level of success is what The Merchants Fund is after with their next round of grants; a Request for Proposals opens August 14.

According to Patricia Blakeley with The Merchants Fund, this year's round of grants is "more of the same" -- applicants must have at least two primary partners: a community non-profit and a future or current retail business owner or arts organization (for-profit or non-profit). Grants of up to $50,000 are available.

"We're looking for shovel-ready projects," explains Blakeley. "We want to sweeten the pot so projects can be completed by summer 2014."

To accomplish that, the ReStore Grants are being offered in tandem with a new program called InStore, a Department of Commerce and Office of Arts, Culture, and the Creative Economy forgivable loan program designed to help businesses with interior improvements. The retail locations must serve a low-to-moderate income population to qualify for the $15,000 to $50,000 grants.

In total, the two programs are offering $800,000 to help establish high-quality retail, encourage business attraction and aid commercial expansion in Philly neighborhoods. While some recipients could potentially benefit from more than one grant, Blakeley says the money will be divided up in a fair and strategic way.

"We haven't figured out the details of who will fund what, but we want to reach all corners of the city," she explains.

A briefing about the two programs will be held on at 10:30 a.m. Wednesday, August 14 at 1515 Arch Street, 18th Floor, City Planning Room (18-029). 

Source:  Patricia Blakeley, The Merchants Fund
Writer: Greg Meckstroth

Valley Green Bank is expanding its regional reach by opening a new branch at Broad and Tasker Streets in South Philly. It will be the bank's first official foray into the area and its third location overall.

The bank opened its first location in Mt. Airy in November 2005, and quickly became known as an alternative to national banks for small businesses and developers looking for loans. For Valley Green Bank, being a "community bank" means small asset holdings, remaining locally owned and operated, retaining an ability to lend to smaller clients and conducting most of its business in Philadelphia. 
 
The bank is not entirely new to South Philly -- since 2010, a lending team led by Robert Marino has been operating here, leading to a strong collection of small business clients.
 
"In South Philly, it's apparent that businesses care about community and vise versa," explains Leslie Seitchik, director of marketing for the Valley Green Bank. "We want to be a part of it." 
 
Community banks also work to have a physical presence in the neighborhoods they serve. Thanks to that established portfolio of South Philly clients, the Broad and Tasker location is the perfect fit. (Valley Green also has commercial loan centers in Center City and Radnor.)
 
Valley Green promises to hold true to its original business model at the new location. "What has made us successful over the years has been our ability to lend when larger banks haven’t been able to," says Seitchik. "Because we’re small and nimble, we’ve been able to support the small business community."
 
Valley Green sees a lot of potential to expand its real estate client base in South Philly, along with the retail side of their business. "We want community members to come bank with us, to open up anything from a checking account to money market accounts," says Seitchik.

In keeping with the bank's vision, the design of the new branch opens up the building to the both streets with large windows, welcoming in the neighborhood. Designed by local firm Metcalfe Architecture and Design, the renovation is expected to be complete this June. 

Source:  Leslie Seitchik, Director of Marketing, Valley Green Bank
Writer: Greg Meckstroth

The Philadelphia Redevelopment Authority (PRA) has begun the process of marketing an 18,500-square foot parcel of land in the fast-growing Francisville neighborhood. The parcel, which is on the 1700-block of Folsom St. and is zoned R (Residential)-10, currently consists of vacant land, which is located next to three Philadelphia Housing Authority (PHA) houses, and one market-rate residence, says Leigh Jones, a project manager within the PRA. The current residences could represent a further development opportunity.  A pre-submission conference was held last week to interested developers and community groups.

“We’re really excited about the Francisville neighborhood,” says Jones, who adds that it’s five blocks from the Fairmount Broad Street Subway Station and near parks and green space. In addition, it’s situated not far from Fairmount Ave, which has ample dining, shopping, and café options. 

The Francisville Neighborhood Development Corporation (FNDC) has some very strong opinions about what it would and would not like to see go into the PRA property.

“We [Francisville] are over-saturated with affordable housing,” says Penelope Giles, the executive director of FNDC. “The neighborhood is not going to accept any more subsidized affordable housing.” Instead, Giles hints that two or three bedroom condominiums would be a great fit for the neighborhood. 

The Redevelopment Authority will gather submissions from developers for the property through June 21. She says that submissions should include a development pro forma and financial plan, a statement of qualifications and financial responsibility and a Minority and Woman-owned Business Enterprise (MBE and WBE) plan. 

As of the pre-submission conference, the PRA admitted it has not yet talked with the PHA about the three existing public housing properties. Instead, they're leaving it up to the developers to contact the PHA themselves. The parcel of land runs from 1716 to 1726 Folsom St. and then from 1730 to 1750 Folsom. 703-705 N. 18th St. is also affected. The developers in the room certainly sounded interested, representing Community Ventures, Altman Management Company, Loonstyn Properties, Pennrose Properties, and Universal Companies.

Sources: Leigh Jones, PRA and Penelope Giles, FNDC
Writer: Andy Sharpe

Historically, Center City has been defined in part by its four outlying squares, which are Rittenhouse, Washington, Franklin, and Logan. However, Logan Square has long been an anomaly because of its circular shape. While Logan Square is fabled for its fountain, it has lacked some of the park-like characteristics of the other three squares. The Center City District (CCD) saw the need to expand on Logan Square and rehabilitate Sister Cities Park at 18th and the Parkway. This facelift was complete last week, and Sister Cities is now open for relaxation, lunch, and sailboats.

Sister Cities Park is unique because it brings a Wissahickon Valley-themed landscape, a Parisian-style café, and a children’s sprayground to Center City. The sprayground, which has the names of Philadelphia’s 10 sister cities etched in it, is a great alternative to Logan Circle for children to cool off. Families and other park-goers can grab a few bites to eat at the Milk and Honey Café, which is the offspring of West Philly’s Milk and Honey Market. Here, they serve French-style sandwiches and  pastries. The Independence Visitor Center also has a satellite branch inside the café.

The rear of the park is perhaps most impressive, as it includes a miniature boat pond, streams, and a rugged rock-filled landscape evocative of Northwest Philly’s Wissahickon Valley. The local architecture firms DIGSAU and Studio| Bryan Hanes collaborated to design Sister Cities, along with Pennoni Engineers, says Paul Levy, the president and CEO of the CCD. The Philadelphia Wooden Boat Factory, which is an organization in Frankford that teaches children from Frankford, Kensington, and Port Richmond about maritime life, will provide youth-made sailboats for the pond. 

The Center City District has been the driving force behind Sister Cities Park, and will provide management and maintenance of the space. "This will be maintained and run in a first-class manner," says Levy, with a blast of conviction in his voice. The CCD will be employing sustainable techniques to maintain the park, such as dumping ladybugs to preserve the plant life. Ironically, the ribbon-cutting for Sister Cities took place exactly a year after the international park’s groundbreaking. As with many CCD projects, the park was finished quickly and efficiently.

Dignitaries cut the ribbon at Sister Cities this past Thursday in an event that featured plenty of participation from local K-12 students. The Friends Select School Choir roused the crowd with their singing and instrumentation, while younger kids from the Russell Byers Charter School put the ceremonial first boats from the Wooden Boat Factory into the pond. Speakers, which included Mayor Nutter, Paul Levy, and the Knight Foundation’s Don Kimelman were clearly wowed. "There’s a very heartening view across Logan Square and to Aviator Park," said Kimelman.

The transformed park is a testament to the sense of connectedness that Philadelphia shares with its sister cities. Representatives from the Israeli, Italian, and German consulates were on-hand at the ribbon-cutting to offer their appreciation and wince at the speaker’s pronunciation of their names. The park honors sister cities in Cameroon, China, France, Israel, Italy, Japan, Korea, Poland, and Russia. It was first opened in 1976, but became a homeless hangout and never caught on with the general public. 

Source: Paul Levy, Center City District
Writer: Andy Sharpe

The land around the Temple University Regional Rail station has long presented a golden opportunity to give North Philadelphia some much-needed development. After all, SEPTA's fourth busiest train station presents the perfect means of travel for a neighborhood accustomed with poverty and reeling with parking woes created by the influx of students at the nearby university. This is exactly what Asociacion Puertorriquenos en Marcha (APM) had in mind when they broke ground on the Paseo Verde residential, retail, and office development on the former PGW lot at 9th and Berks Sts. on Tuesday.

Paseo Verde, which means "green path" in Spanish, is a $48 million development that will include 120 low and moderate-income residential units for rent and 30,000 sq. ft. of office and retail space. The excitement over this sustainable transit-oriented development (TOD) was palpable at the groundbreaking, as Mayor Nutter, Council President Darrell Clarke, state Senator Shirley Kitchen, and David Walsh, the senior vp of Community Development Banking at JPMorgan Chase all delivered optimistic remarks for this slice of North Philadelphia.

APM was clearly ecstatic to be hosting the groundbreaking for Paseo Verde. Nilda Ruiz, the president and CEO of APM, gushed that the TOD exemplifies a "combination of vision, practicality, and beauty." Jonathan Rose, the head of Paseo Verde’s developer, the Jonathan Rose Company, was also on-hand to serenade the development. Rose told the audience the project would likely be completed in eighteen months, and reiterated his company’s commitment to sustainable development in Philadelphia and across the country.

While the mixed-use development will promote sustainable transportation, it will also be sustainable in other ways. "The building will generate 25 percent less energy than today’s code," said Sara Vernon Sterman, the chief lending officer at The Reinvestment Fund, at the groundbreaking. She added that Paseo Verde will include low-flow water fixtures, solar panels, and white, green, and blue roofs. The white roofs will help to cool down the units, while the green and blue roofs will enable sustainable storm water control. Other sustainable perks will include low-VOC paint and energy-efficient windows.    

Writer: Andy Sharpe
Source: Nilda Ruiz, Asociacion Puertorriquenos en Marcha  

When you think of neighborhoods steeped in history, you probably think of Old City, Society Hill, and Germantown. Yet, the Roxborough neighborhood of Northwest Philadelphia has plenty of historic homes in its own right, and will now be given a chance to showcase Victorian-era properties on Lyceum Ave., a few blocks up from the infamous Manayunk Wall, between Ridge Ave. and Pechin St. This is thanks to a grant from the Preservation Alliance of Greater Philadelphia to rehabilitate the porches and facades of homes on the two-block stretch.

The Roxborough Development Corporation (RDC) is not wasting any time in taking advantage of the $30,000 grant, says James Calamia, its operations manager. "This summer is a target to begin construction, maybe even this spring," he says. The RDC held a forum on the grant this past Wednesday, where they handed out applications for interested Victorian homeowners to enlist. They also put on the first of multiple workshops on "historic porches and wood repairs," adds Calamia. There was an excellent turnout for both the forum and the workshop.

This is just the latest exciting news for Roxborough, which is trying to enhance its Ridge Ave. commercial corridor through walkability improvements and the opening of new businesses. In order to draw more people to live and shop in the area, RDC is trying to accentuate the neighborhood’s rich, albeit often untold, history. "The Roxborough Development Corporation believes in protecting the historical assets and heritage of the Roxborough neighborhood," says Calamia. 

In the past, Roxborough Township was known as a peaceful alternative to the frenetic bustle of Center City, buffered from the downtown by the Wissahickon Creek and the Schuylkill River. Many of the affected homes on the 400-block of Lyceum Ave. were built in the late-1800s to maintain the sense of closely-woven community that made Roxborough such an appealing place.   

Lyceum Ave. home- and business-owners are receiving the grants on behalf of the Preservation Alliance’s Vital Neighborhoods Initiative (VNI). The VNI targets moderate-income sections of the city that could use some additional preservation work. Roxborough and the Penn Knox, Tulpehocken, and Pomona Cherokee sections of Germantown are the only neighborhoods in Northwest Philly eligible for the grants. Recipients of the last round of grants included the Fairmount CDC, the Walnut Hill Community Association, and the Yorktown CDC.

Writer: Andy Sharpe
Source: James Calamia, Roxborough CDC

It’s a well-known fact that many low-income neighborhoods in Philadelphia are food deserts, meaning there is no grocery store or other source of fresh foods nearby. The city of Chester in Delaware County must be the Gobi Desert of food deserts, as the entire city is currently without a supermarket. This is despite the recent construction of both a soccer stadium and a casino. However, this is about to change as Philabundance, with the help of the Delaware Valley Regional Economic Development Fund, recently acquired a building to open up a non-profit grocery store.

The grocery store will be called Fare and Square, and will be located on Ninth St., a few blocks south of Highland Ave. Lindsay Bues, a spokeswoman for Philabundance, reports that Fare and Square will sell both deeply-discounted and free food, and will accept and teach the community about Supplemental Nutrition Assistance Program (SNAP) benefits. “This model promotes food equality by offering a full range of food products at one convenient location on a regular basis while allowing people to maximize their purchasing power,” reports Bues.

Chester’s first grocery store is made possible through a $1 million grant through the Robert Wood Johnson Foundation. This grant will comprise a good chunk of the $4.5 million price tag behind offering fresh food. According to Bues, the store will take up 13,000 sq. ft. and provide 30 new jobs, many of which will go to local residents. The store will likely open its doors in about a year.

Local and federal lawmakers are still trying to get a bigger supermarket to open in Chester, and it sounds like they might be close. Two chains that might be interested in opening are Shop Rite and Fresh Grocer, although nothing is firm at this moment. There’s no word on what will happen to Fare and Square when a larger grocery store does set up shop. 

Writer: Andy Sharpe
Source: Lindsay Bues

For years, the neighborhood around Kensington and Allegheny (K&A) has been pockmarked by drugs, vacant property, and homelessness. That has not deterred local filmmaker Jamie Moffett, who’s spearheading an effort to transform vacant properties into owner-occupied homes. Moffett is the pioneer behind Kensington Renewal, which is looking to raise enough money to begin its home ownership mission.

According to Moffett, Kensington Renewal has already identified its first property to resuscitate. "There's an 'abandominium' on Rand St we're ready to purchase & rehab," says Moffett with a glint of pride. This part of Rand St. is mere blocks away from Potter Street, where the producer spent seven years spent living and he currently owns an office across the street from. These blocks are the heart and soul of Kensington, just a short jaunt from the Allegheny El stop.

Kensington Renewal’s biggest priority is raising money to start its campaign of putting Kensington residents into houses. To do this, Moffett is actively seeking donations and selling t-shirts. Moffett calls this "crowdfunding" a house, and is actively using the Internet to raise money. He offers supporters the chance to donate using Helpers Unite and through PayPal on his own website. Also, the filmmaker has partnered with the arts non-profit Positive Space to generate money through film, photography, and gallery showings. 

Moffett is beyond passionate about the transformative effects home ownership could have on Kensington. "Home ownership correlates with crime statistics; the higher the home ownership, the lower the crime," he says, citing a University of Nebraska study. He explains that this is because homeowners are more financially and socially invested in maintaining their properties and neighborhoods.  

The filmmaker’s target market for home ownership is Kensington residents who’ve never previously owned a home. These are locals who Moffett believes have been victimized by slumlords, who let profit get in the way of maintaining rental properties. He’s also taking a stand against redlining, which has caused banks and mortgage companies to flee the area. Finally, he hopes to educate the Kensington citizenry about the responsibilities associated with home ownership. 

The mission to encourage home ownership in Kensington has received support from other community groups and government officials. Moffett commends the New Kensington CDC (NKCDC) and Impact Services for imparting information to the campaign. He also points out the district Councilwoman, Maria Quinones Sanchez, as well as the 24th District police and L&I have expressed support for Kensington Renewal.    

Writer: Andy Sharpe
Source: Jamie Moffett, Kensington Renewal

Photo: Jamie Moffett

The Baltimore Avenue corridor in West Philly supports a distinct mix of long-time residents and culturally- and technologically-savvy newcomers like few other corridors in the city. This will be solidified if the Zoning Board of Adjustment (ZBA) approves the construction of Apple Lofts, a proposed apartment building at the forsaken Apple Storage complex at 52nd and Willows Ave. 

Andrew Eisenstein, a managing partner at Iron-Stone Strategic Capital Partners, is hoping to build 112 studio and one and two-bedroom apartments at the former storage facility. The development would be supported by 1,000 square feet of commercial space on the first floor, which Eisenstein says could offer food retail or a daycare center, among other possible uses. Parking for 94 vehicles would be included. Iron-Stone is still waiting for the ZBA to decide on whether or not to grant a variance for the development. 

Iron-Stone is enthusiastic about the proposed addition of Apple Lofts. "It's a really innovative project near growing businesses," touts Eisenstein. He adds that it would be the only high-rise building in the neighborhood, and would unfurl wonderful views of the Center and University City skyline. Eisenstein also draws attention to the building's location, which is convenient to the Baltimore Ave. and 52nd St. business strips, and the Route 34 trolley. 

According to Eisenstein, Apple Lofts enjoys the support of Cedar Park Neighbors and Walnut Hill Community Association. To be fair, some neighbors have concerns that this redevelopment could drive taxes up, which is often an anxiety in up-and-coming sections of Philadelphia. If approved, the apartments will be competitively priced, with studios going for $800, one-bedroom units being offered for $1,100, and two-bedroom apartments renting for $1,400. 

The Apple Storage structure is unique for how it was built. Eisenstein says that the building was constructed entirely out of brick and concrete so it could withstand fire. Iron-Stone hopes to begin construction in three or four months, depending on how the ZBA rules. Hopefully Apple Lofts can continue the trend of bringing in new residents without displacing existing ones a little west on Baltimore Ave.  

Writer: Andy Sharpe
Source: Andrew Eisenstein, Iron-Stone Strategic Capital Partners

It's simply amazing the juggernaut that Facebook has become, as you can now check into businesses, comment on Flying Kite articles, and reconnect with (or laugh at) long-lost family and friends. Yet, there's even more, especially for university students in Philadelphia. Campus Apartments, which holds properties in University City, now allows its student tenants to pay their rent through Facebook Connect. Campus Apartments unveiled this service in late January, and is excited with the response, albeit a little afraid of being poked.

Campus Apartments is able to utilize Facebook through a partnership between their existing online payment system, SmartClick, and the social network. Previously, the only way to access SmartClick was by inputting an e-mail address and password, says John Ailor, senior Director of Web and Wireless Technologies at Campus Apartments. Yet, in a sign of how ubiquitous Facebook has become, Campus Apartments decided it would be easier for many residents to simply remain on Facebook to pay their rent.  

Ailor outlines all that students can do via Facebook. They can "make payments, view (the) tenant ledger and submit service requests easily and more quickly than before,” he remarks. Ailor assures that it's far from a complicated process to sign up for the privilege of Facebook rent payment, as it should drag on no longer than a minute. 

While the Facebook perk came only went live just a couple of weeks ago, Ailor boasts that already a few hundred residents used it to pay their February rent. No word on how many of these social networkers live in Campus Apartments' Philadelphia properties. According to Ailor, these several hundred users are among 27,363 active SmartClickers across the country. SmartClick also allows students to pay rent through their app on Android phones. 

Campus Apartments has over a hundred apartments in University City that house pupils at Penn, Drexel, USciences, the Restaurant School at Walnut Hill, and the JNA Institute of the Culinary Arts. Nationwide, Campus Apartments offers student housing in 23 states, including California, Texas, and Michigan. 

The student housing provider reports no complaints about Facebook Connect among the few hundred who have used it so far. For the student Luddites among us, Campus Apartments still offers residents the chance to pay rent by check. Expect to see other student housing firms follow suit with a Facebook payment option. No dislike button needed for this. 

Writer: Andy Sharpe
Source: John Ailor, Campus Apartments

Casino-Free Philadelphia is planning to commemorate the one-year anniversary of Sugarhouse Casino in September with a new anti-gambling campaign. This campaign will focus on the amount of SugarHouse patrons who have taken out a line of credit to support their gambling.

"500 people have taken out a line of credit at SugarHouse," complained Kaytee Riek, the director of Casino-Free Philadelphia, an anti-casino group in Philadelphia that formed in 2006. Riek dramatizes her point by saying that the minimum line of credit is $500, which is quite a sum of money for many Philadelphians.

Casino-Free Philly is calling their campaign "quicksand credit," which is an analogy to how rapidly money can disappear when its gambled. "Quicksand credit drives people to addiction," said Riek. Riek is especially concerned about the affects of gambling on low-income players. "Preying on poor people is not a way to get customers."

This is simply the latest campaign held by the anti-gambling group. In 2010, Casino-Free orchestrated a "reclaim the riverfront" campaign, which focused on safety and jobs. One hallmark of this campaign was the formation of a casino town watch to document SugarHouse's tactics to attract patrons. Before SugarHouse opened, the advocacy group concentrated on convincing investors and elected officials to reject the proposed SugarHouse and Foxwoods casinos.   

The campaign is slated to be unveiled on September 23, which is one year after the opening of SugarHouse. With so many potential low-income Philadelphia gamblers living near SugarHouse, this promises to be an interesting campaign.

Source: Kaytee Riek, Casino-Free Philadelphia
Writer: Andy Sharpe    

The crime-ridden and poverty-stricken South Philadelphia neighborhood of Grays Ferry is one that doesn't often find itself mentioned in the local news media--unless that news is decidedly negative. But recently, the residents of both Grays Ferry and its next-door South Philly neighborhood, Point Breeze, found themselves the recipients of $1 million in community revitalization funds that will be distributed by Universal Companies, the nonprofit CDC founded by the legendary music producer Kenny Gamble.

Half of that money came from the U.S. Department of Education's Promise Neighborhoods Initiative, which aims to help community leaders put a definitive end to extreme poverty in inner-city neighborhoods by promoting what's known as a "cradle-to-career" educational plan. The grant's matching half came from the William Penn Foundation and other groups.

Universal was one of only 21 nonprofit and educational groups to receive the Promise Neighborhoods planning grant, which was inspired by the work of the Harlem Children's Zone organization. According to both Gamble and A. Rahim Islam, the president and CEO of Universal Companies, a good portion of the grant money will be used on various education reform initiatives.

Universal has until Sept. 30 to prepare a revitalization plan for the two neighborhoods, and in an effort to successfully achieve that goal, they've partnered with a wide range of other neighborhood associations.

"The children who are coming to school today are coming to school with a ton of issues, unlike we've ever seen, really, in modern times," says Islam, in a video about Universal and its work. "And so it's not enough to just think that these kids are going to overcome this dysfunction because you send them to school. So our goal is to reach out into the neighborhoods and try to fix some of the things that are ailing."

Source: Universal Companies
Writer: Dan Eldridge

Do you know of a new building going up, a business expanding or being renovated, a park in the works or even a cool new house being built in the neighborhood? Please send your Development News tips here.

If you should find yourself in a conversation about development with someone involved in the urban real estate industry, it's fairly safe to assume that the topic of agriculture won't carry much weight. But out in the rural expanse of Chester County, where farming is still an active way of life, the situation is actually quite complicated. "You often hear that buying a farm is really difficult," says Sue Milshaw, of the Chester County Economic Development Council. "And it is," she adds. "But it is possible."

Milshaw should certainly know, especially since it was her work, and that of her colleagues, that recently led to the Council being presented with an award from the state's Department of Agriculture. The award recognized the council's dedication to the agriculture industry, and especially its ability to secure loans for farmers interested in developing.

The Chester County Cheese Artisans, for instance, is a group that recently developed property with the help of the Council; they renovated a barn that's now used for cheese processing and aging, as well as goat-milking.

The Council also works to help finance people buying their first farm. And as Milshaw explains, some of the economic development programs that are now open to the farming industry--thanks to the CCEDC's work--are now being used by the area's Amish community as well.

"I think there was a mindset for a long time that agriculture was a business that could take care of itself," says Milshaw, when asked why so many financing programs have long been closed to would-be farmers. "And that's in spite of the fact that in a county like Chester or Lancaster or Berks, agriculture is a significant part of the economic picture there."

Source: Sue Milshaw, Chester County Economic Development Council
Writer: Dan Eldridge

Do you know of a new building going up, a business expanding or being renovated, a park in the works or even a cool new house being built in the neighborhood? Please send your Development News tips here.