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Development: Tenant already signed for University Technology Park building

| Wednesday, July 2, 2003

A bit behind its original timetable, the Fay-Penn Economic Development Council finally is holding a groundbreaking ceremony today for a 12,000-square-foot, multi-tenant office building in its University Technology Park -- with a tenant already signed to take 50 percent of the leasable space.

Architectural/engineering services firm Benetec Associates has agreed to relocate its western Pennsylvania operations from offices in Greensburg to the first of what could be a number of similar facilities in the technology park. The 150-acre park is adjacent to Pennsylvania State University's Fayette Campus, close by Route 119.

For the 50-year-old Benetec, the move to Fayette County is a natural; the company has been involved in a number of in-county projects, including the engineering and design work for the Uniontown-to-Brownsville segment of the Mon-Fayette Expressway. The firm expects to be in its new offices in early 2004.

  • Getting your first tenant always is exciting to a developer. You believe there is a need, you know there is interest, you plan or perhaps even have already constructed a facility, but until the first leasee signs on the dotted line, there remains a lump in the throat.

    Donald Paulone has gotten by the lump-in-the-throat stage, signing Laidlaw Education Services to occupy the entire third floor, 4,335 square feet of his 16,480-square-foot Oakbrook Commons. Based in Naperville, Ill., Laidlaw is the largest private contractor of student transportation in North America. The three-story Oakbrook Commons building, along South Greengate Road in Hempfield Township, is roughly 15 months old. With a tenant signed, Paulone now has three other leasees listed as "possible," a company spokesman said.

  • This column is devoted to informing readers about changes to the business landscape in Westmoreland, Fayette and Indiana counties. If you have an item for Developments, call Rick Stouffer at 724-837-6151, send an e-mail to developments@tribweb.com , or drop us a note at Developments, c/o Business section, Tribune-Review, 622 Cabin Hill Drive, Greensburg 15601.

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