Think Loud gets $5M state grant
A York-based commercial developer backed by the band Live will get a $5 million state grant for renovation and construction of a nearly 54,000-square-foot office building and data and telecommunications center in the city.
Think Loud Development LLC will use the Economic Growth Initiative grant for its campus at 210 York St., which is made up of several parcels of land, according to a news release from Gov. Tom Corbett's office.
United Fiber & Data is the tech firm associated with Think Loud that was founded in 2009. It is developing a fiber-optic route stretching from the New York to Washington, D.C., areas as well as data centers in the Allentown, Lancaster and Reading areas.
An email to Think Loud Holdings, the development company’s parent, seeking more detail was not immediately returned.
The project is expected to create or retain nearly 700 jobs and infuse more than $2 billion in tax revenue into the community, according to the release.
The property includes restoring an old printing warehouse into office space. The site will cater to enterprise, small to medium-sized businesses and health care, as well as carrier and wireless customers, according to the release.