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– Carlisle PA – It’s one of Cumberland County’s most traditional downtowns, but to spark new interest, an event is planned to showcase why you should make Downtown Shippensburg your business address. D.O.I.T. (Downtown Organizations Investing Together), the Shippensburg Area Chamber of Commerce, the Cumberland County Redevelopment Authority and their partners will host an Open House for Business in June. Ahead of that, a media day on Tuesday, May 14, at 11 a.m., will highlight new programs and initiatives available for new and expanding Downtown Shippensburg businesses. The event will be hosted at 14 W. King St.—an available, affordable, walk-in-ready property located next to the heavily-trafficked Weekend Warrior.
It’s a unique approach to marketing the downtown—showcasing the properties available and allowing prospective businesses to tour them, meet the owners or realtors offering them, and “kick a few tires.”
“It gives the business owner the opportunity to see the properties and imagine their store at that location. At the same time, we will have representatives on hand who can answer questions about financing—whether you are purchasing property or leasing—and we are anxious to unveil Shippensburg Borough’s new loan program that includes downtown commercial and retail businesses,” the Redevelopment Authority’s Downtown Manager Rebecca Yearick added.
Recently, the Pennsylvania Department of Community and Economic Development approved changes to the Shippensburg Borough Enterprise Zone Loan Program funded in the 1980s but designed largely for manufacturing and industrial operations—major employers. The program now offers low-interest financing—with a two-percent interest rate—to eligible borrowers for downtown projects. Downtown Shippensburg is anxious to realize the first projects to utilize the loan program. A downtown facade grant program designed specifically for retailers and restaurants is also planned, and could be offered to a business in and, or, the owner of one of the available properties.
At the media event, downtown representatives will discuss opportunities in the expanding Shippensburg market which has benefitted from jobs created at employers like Volvo Construction, as well as the markets provided with Shippensburg University being located just off of downtown.
Add One – Media Event, Why Make Downtown Shippensburg Your Business Address
Several new business owners who have located downtown will note their success and their reasons for choosing Downtown Shippensburg. The event will also include Doug Lyons—owner of Pague & Fegan hardware, which has been in business since 1856 bucking the big box store trend and underscoring the value of a perfectly-appointed downtown.
A list of available downtown properties will be provided to assist you with your story. They are affordable, and the owners are eager to work with new business owners. The properties are located in the eligibility area for county loan programs as well. The Shippensburg University Small Business Development Center, a tremendous regional resource, will be on hand and can assist those starting out with the business how-tos.