Welcome!

News Feed Item

Governor Corbett Teams With LIVE to Create PA Jobs

$5 Million Economic Growth Initiative Grant Awarded

YORK, PA -- (Marketwired) -- 07/14/14 -- When the founding members of the multiplatinum band LIVE, Chad Taylor, Patrick Dahlheimer and Chad Gracey, along with business partner Bill Hynes, decided to locate their new companies, Think Loud Development, Think Loud Studios, YRK Publications and United Fiber & Data, into one of the most impoverished neighborhoods of York, PA, they found a champion in Republican Governor Tom Corbett.

A group of famous rock stars and a conservative Governor might seem like an unlikely pairing, but according to LIVE guitarist Chad Taylor, it took the Republican Governor to lure the artists back to their home state to create new economic development.

"Governor Corbett and his wife Susan, recognized LIVE with the PA Governor's Award for 'Innovation in the Arts'. It was the first time in our career that the state body had acknowledged our legacy and contribution to the local community. I quickly came to recognize the Governor's willingness to make tough decisions that, like a rock band, can cut against the populous grain. It was this spirit that made me realize we shared a vision for the revitalization of our Commonwealth," said Taylor.

Think Loud and their affiliated companies have invested over $30 million to purchase and refurbish real estate in the City of York, and to build a fiber optic and data network that will encompass over seven hundred technology-driven jobs within the state.

"Economic growth initiatives are energizing local economies around our state," said Corbett. "Think Loud saw the promise that its involvement in downtown York could bring to revitalizing the community. This project will serve as a technology hub and bring good-paying jobs back to the downtown."

Think Loud and United Fiber & Data ("UFD") will be headquartered at 210 York Street, a $16.8 million refurbishment of the former Maple Press printing company. The group has purchased more than fifty adjacent properties with the intention of building an expansive data park and enterprise incubator zone for companies seeking UFD's data transference and storage infrastructure. The data park will house a $30 million "Tier IV" data center and serve as a regeneration center for UFD's fiber network. United Fiber & Data is helmed by former Vonage President, Michael Tribolet.

"We hired the best and brightest telecommunication and infrastructure executives to operate our company. We've made a commitment to bringing sophisticated, long-term technology jobs to our state. We're positioning UFD to do business with some of the world's largest and most forward-thinking companies. Without question the Economic Growth Initiative grant will directly aid in our ability to help the community," adds Think Loud CEO, Bill Hynes.

The members of LIVE are using their status as entrepreneurs to seek out established and emerging enterprises to join forces with them in expanding York's potential as a technological epicenter servicing New York, Philadelphia, Baltimore and Washington, D.C.

"These guys could have spent their money buying vacation homes in the Hamptons or wherever the rock star class hangs. Instead, they recruited me and my executive team to build much-needed infrastructure in a state known more for its gas reserves than its technology sector. The global attention LIVE brings to any project sets them apart from typical venture capital. With the help of Governor Corbett, they're opening Pennsylvania up to house the next Apple, Tesla or Google," said UFD CEO, Michael Tribolet.

More about Economic Growth Initiative and 210 York Street:

Governor Tom Corbett today announced the award of a $5 million Economic Growth Initiative grant to Think Loud Development, LLC of York County. The grant will be used for the renovation and construction of a nearly 54,000 square foot office building and data and telecommunications center that will cater to enterprise, small to medium-sized businesses, healthcare, as well as carrier and wireless customers.

Located at the intersection of York and Queen Streets and in close proximity to
Santander Stadium stands the 210 York Street campus, compromised of multiple, contiguous parcels of land.

"Economic growth initiatives are energizing local economies around our state," said Corbett. "Think Loud saw the promise that its involvement in downtown York could bring to revitalizing the community. This project will serve as a technology hub and bring good-paying jobs back to the downtown."

Upon completion, the York campus will be a compilation of historic preservation, urban revitalization and the integration of new industry. The conversion of an old printing warehouse into office space and historic preservation are expected to transform the neighborhood. The project anticipates creating or retaining nearly 700 jobs and infusing more than $2 billion in tax revenue into the community.

In 2012, Corbett reformed the state's method of funding the Redevelopment Assistance Capital Program with a significant redesign, making the process more transparent and objective. Projects are now selected based upon their job-creation potential, their economic impact, as well as their viability and construction readiness.

Prior to Corbett taking office, the state's spending and borrowing for capital redevelopment assistance had become unsustainable for the state and its taxpayers, growing from $400 million in 1986 to slightly more than $4 billion in 2010. Corbett also said that the program had strayed considerably from its intended purpose of encouraging and assisting job growth through regional economic development projects.

More about LIVE:

LIVE was founded in York, PA in 1985 while the members attended Edgar Fahs Smith Middle School. The band was discovered as teenagers in the early 90's by Hilly Kristal, owner of CBGB's, the legendary punk rock club located in New York City's Bowery district. Hailed as an East Coast contemporary of Nirvana, the band was endorsed and supported by a notorious assortment of rock pioneers including The Ramones, Peter Gabriel, Mick Jones [Clash], Johnny Rotten [Sex Pistols], and producer Jerry Harrison [Talking Heads]. With a global fan base, LIVE have sold more than twenty million albums and performed for more than fifteen million concert attendees. Guitarist Chad Taylor, bassist Patrick Dahlheimer and drummer Chad Gracey are private equity investors and operators of parent company Think Loud Holdings, LLC. LIVE will release its eighth studio album later this fall. www.freaks4live.com

More about United Fiber & Data:

United Fiber & Data, headquartered in York, PA, is an emerging telecommunications company with operations in New York, New Jersey, Maryland, Pennsylvania and Virginia.

More about Think Loud Development:

Think Loud Development caters to small, mid-cap and large enterprise clients seeking the benefits associated with turnkey real estate solutions. Our areas of practice include medical, commercial, industrial, retail, telecommunications, fiber-network, data-storage, public/private collaboration, government infrastructure and financial institutions.

Editor's note: For statutory and legislative purposes, the program will continue to be known as the Redevelopment Assistance Capital Program.

Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=2638439

Media Contact:

Jaymie Scotto & Associates
866-695-3629 x14
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
"We're bringing out a new application monitoring system to the DevOps space. It manages large enterprise applications that are distributed throughout a node in many enterprises and we manage them as one collective," explained Kevin Barnes, President of eCube Systems, in this SYS-CON.tv interview at DevOps at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
SYS-CON Events announced today that CA Technologies has been named "Platinum Sponsor" of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and 21st International Cloud Expo, which will take place in November in Silicon Valley, California.
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
WebRTC sits at the intersection between VoIP and the Web. As such, it poses some interesting challenges for those developing services on top of it, but also for those who need to test and monitor these services. In his session at WebRTC Summit, Tsahi Levent-Levi, co-founder of testRTC, reviewed the various challenges posed by WebRTC when it comes to testing and monitoring and on ways to overcome them.
Every successful software product evolves from an idea to an enterprise system. Notably, the same way is passed by the product owner's company. In his session at 20th Cloud Expo, Oleg Lola, CEO of MobiDev, will provide a generalized overview of the evolution of a software product, the product owner, the needs that arise at various stages of this process, and the value brought by a software development partner to the product owner as a response to these needs.
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, discussed the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports.
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
In the first article of this three-part series on hybrid cloud security, we discussed the Shared Responsibility Model and examined how the most common attack strategies persist, are amplified, or are mitigated as assets move from data centers to the cloud. Today, we’ll look at some of the unique security challenges that are introduced by public cloud environments. While cloud computing delivers many operational, cost-saving and security benefits, it takes place in a public, shared and on-demand ...
In his session at @ThingsExpo, Sudarshan Krishnamurthi, a Senior Manager, Business Strategy, at Cisco Systems, will discuss how IT and operational technology (OT) work together, as opposed to being in separate siloes as once was traditional. Attendees will learn how to fully leverage the power of IoT in their organization by bringing the two sides together and bridging the communication gap. He will also look at what good leadership must entail in order to accomplish this, and how IT managers ca...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...