Wayne Economic Development Corporation Completes Sale of 65 Acre Property in the Sterling Business & Technology Park
Wayne Economic Development Corporation (WEDCO) has completed the sale of 65 acres of property in the Sterling Business & Technology Park in southern Wayne County. The sales agreement for the property was signed in March 2022 with Lehigh Valley Underground LLC. The developer worked to secure all the permits and land development plan approvals needed to develop the property. Five separate lots in the business park were combined to form the 65-acre lot.
WEDCO worked closely with the developer during the planning process and to secure necessary permits. Lehigh Valley Underground identified an end user for the property and the purchase was completed in November 2024 with the property being sold to PNK P1 LLC. The land development plans for the property allow for up to an 800,000 SF building up to 60 feet in height and all associated roadways and parking. The proposed building can be used for warehousing, distribution, assembly, or manufacturing purposes.
Senator Rosemary Brown provided support throughout this process that resulted in the sale of the property. "The sale of this parcel marks a significant step forward for economic development in Wayne County," said Senator Rosemary Brown. "I commend Wayne Economic Development Corporation for their hard work and dedication to fostering growth in our region. This project showcases the potential of strategic development to enhance opportunities and improve the quality of life for residents across the area."
State Representative Jeff Olsommer was instrumental in making this project possible and said “I know this will have a very positive impact for our region and I am proud to have worked on this during my time as Sterling Township Supervisor and support this project as the State Representative for the 139th District. Congratulations to WEDCO for their steadfast efforts working with the Developers, Sterling Township, and many other stakeholders.”
WEDCO Executive Director Mary Beth Wood acknowledged the tremendous help that has been given to the Sterling Business & Technology Park by state and local officials. “Senator Rosemary Brown, Senator Lisa Baker, Representative Jeff Olsommer, and Representative Jonathan Fritz have been staunch supporters throughout the business park’s many years of development, as have County Commissioners Brian Smith, Jocelyn Cramer, and James Shook, and the Sterling Township Supervisors,” said Wood. “We are delighted with this property sale and look forward to welcoming a new tenant to the business park.”
The Sterling Business & Technology Park is located in Sterling Township in Wayne County, Pennsylvania and offers property zoned for manufacturing, distribution, assembly, warehousing and many other light industrial uses. For more information, visit SterlingBusinessPark.com.
FOR SALE: 33,600 SF Building Under Construction at Sterling Business & Technology Park
The Wayne Economic Development Corporation currently has a 33,6000 SF spec building under construction in the Sterling Business & Technology park. The building intended for a manufacturer or small distribution facility will be complete in the Fall of 2024. The building is 120' x 280' with 28' high ceiling providing plenty of overhead space for cranes or storage. It also features a 6" reinforced concrete floor, power, water and sewer into the building. Fiber internet connectivity is at the property line. There are two floor level truck docks and truck court in the rear of the building. The property is a Keystone Opportunity Zone offering property tax abatements for companies that qualify through 2031. In addition, the entire business park is a Kestone Innovation Zone offering tax credits for comapnies that engage in research and development activities. The Sterling Business & Technology Park is located at Exit 17 on Interstate 84 and is under 2 hours from New York City and 20 minutes from Downtown Scranton. Wilkes Barre/Scranton International Airport is 30 minutes from the park.
The Wayne Economic Development Corporation is Searching for a New Executive Director
Our current Executive Director, Mary Beth Wood is retiring at the end of 2024 and WEDCO is conducting a search for a new Executive Director. The position is the chief executive officer of Wayne Economic Development Corporation (WEDCO), a private notfor-profit, membership-based corporation with the mission of improving the quality of life for Wayne County citizens through job creation and retention activities. The Executive Director plans, directs, and manages the activities and the operations of WEDCO, has knowledge of economic development programs and activities, coordinates WEDCO activities with outside agencies and organizations, and provides high-level administrative support to the WEDCO Board. The Executive Director takes on a leadership role within wayne County to help guide strategic planning and development activities to promote economic growth, sustainability, and vitality. For more information, call Mary Beth Wood at 570-253-2537. For the full job description Click Here
WEDCO is seeking nominations for the 2024 Innovator of the Year!
The award recipient will be honored at our annual luncheon that will be held on Friday, December 6th, 2024, at The Settlers Inn. WEDCO will consider more than just “high tech” nominations. We are also looking for fresh ideas, a dynamic way of dealing with customers, or a management style that has increased employee productivity. Nominating a company is easy, just fill out the enclosed Nomination Form and provide a brief narrative (no more than 1,000 word) about why this company should be the Innovator of the Year. Program guidelines are enclosed and nominations are due by October 1. Self-nominations welcome! Click Here
Wayne County Economic Growth Fund Grant Program to Assist Businesses and Non-Profits
The Wayne County Commissioners, in partnership with Wayne Economic Development Corporation (WEDCO), are excited to present this funding option for business development; The Wayne County Economic Growth Fund. This fund provides grants for undertaking activities that encourage and support economic growth and job creation. Through this program, businesses may be awarded a grant up to $5.000 for eligible projects or up to $10,000 for the purpose of paying eligible loan fees. The grants have private investment match and job creation requirements. For more information, click on "Financial Assistance" in the menu above or contact Mary Beth Wood at
Lot 2 Land Development Plans for a 18,000 SF Building Site Approved
Sterling Township Approved the Land Development Plans for Lot 2 in the Sterling Business & Technology Park. The 3.42 acre property is approved for a 18,000 SF Building and 49 parking spaces. The lot features frontage along SR 191 and Innovation Drive and can be used for warehouse, manufacturing, technology or office space. Storm water permits are in place and the lot is shovel ready, just pick-up a building permit from Sterllng Township and begin construction. Lot 3 features a 33,600 SF building under construction and is for sale. The Sterling Business & Technology Park is located at Exit 17 on I-84 just north of the Interstate. To visit the web site click here.
Stourbridge Project Co-Working Area, Business Space, and Entreprenuerial Learning Center
The Stourbridge Project is a coworking space and business incubator that helps to support rural entrepreneurs by creating a space for people to meet, work, and share ideas. Located at 646 Park Street in Honesdale, the free coworking space is open daily from 10 am until 6 pm. The Project features graphic design software, animation and film editing software, solidworks to create 3D objects, ARC GIS for mapping projects, ProTools for audio and music creation, and 3D Printers. Operated by WEDCO, the space features an urban industrial feel while providing professional workspace and meeting areas. A digital media studio is in progress as well as a training room on the first floor. Everyone is welcome. To visit the web site click here.
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New Member Spotlight
The Human Resources Foundation provides financial support to the programs and services of the Human Resources Center (HRC) which first opened its doors in October 1973. It was important to those who founded HRC to secure continued opportunities for their loved ones and their community. Over the course of the last four decades, HRC has expanded to a staff of over 400 caring and dedicated individuals. They continue to provide individualized support and services to individuals with disabilities throughout Northeast Pennsylvania while promoting meaningful life choices and community inclusion.
