Letterkenny Industrial Development Authority (LIDA)
The Cumberland
Valley Business ParkÊ (CVBP)
Keystone
Opportunity ZoneÊ (KOZ)
The State of Pennsylvania has designated 283 acres of the Cumberland Valley Business Park as a KOZ.Ê The CVBP criteria include a minimum capital expenditure, wage rates and job creation.Ê The KOZ offers qualified buyers and tenants special tax incentives, including waivers of real property tax and PA corporate net income tax, over a 12-year period beginning January 1, 1999.Ê
KOZ property includes Building 56, a 90,000 Sq.Ft. facility that recently received over 3 million dollars worth of capital improvements.Ê Additional KOZ property includes land tracts ranging from 24 to 180 acres.Ê All tracts can be subdivided.Ê The heavy industrial zoning allows most commercial and industrial uses.Ê Contact us to explore this unique advantage.
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