The Jessup Small Business Center consists of 132 developed acres, part of a 1,300-acre tract, developed by The Scranton Lackawanna Industrial Building Company (SLIBCO). Developed into a mixed-use business park, Jessup Small Business Center is located in the borough of Jessup, Pennsylvania.
Positioned in the center of the Boston-Washington corridor, the park sits on a scenic mountain ridge overlooking the Lackawanna River Valley. Park tenants enjoy breathtaking vistas, fully-developed sites and tax-free status through the park’s Keystone Opportunity Zone designations. Tenants located within the KOZ designation may receive PA state tax exemption through 2020, depending on the developed site.
In addition to the KOZ designation, the Jessup Small Business Center is designated as a Keystone Innovation Zone (KIZ) and qualify for tax abatements under the Opportunity Zone Program, a component of the Federal Tax Cuts and Job Act. For-profit businesses located within The TekRidge Center and the park, that are less than eight years old and operating within targeted industries are eligible for a tax credit through the KIZ program.
The Jessup Small Business Center is home to LBP Manufacturing and Bakkavör Group. In addition, SLIBCO owns and operates The TekRidge Center, an office and business incubator facility designed to support entrepreneurship, business development and job growth in Lackawanna County.
On Site Utilities
Jessup Small Business Park was developed with the infrastructure in place to support an array of businesses operations. Companies ranging from office to manufacturing and small to large-sized facilities can operate in this mixed-use business park. During park development, all utilities have been placed along Alberigi Drive. This allows for the extension of the utilities from the roadway direct to the site-which reduces construction expenses.
All industrial needs, including heavy power users, will benefit from the 136 KV power lines located within the business park. The park is served by a 12,470 volt, 3 phase, 4 wire, 600 amp overhead electrical distribution systems provided by PPL Electric Utilities.
The park is served by UGI via a 8” plastic main rated at 60 psi. Each site has intermediate pressure with gas sleeves
The park is served by a 8” PVC main. The Lackawanna River Basin Sewer Authority treats the effluent at their Throop treatment plant.
Telecommunications service is provided by Verizon, Comcast, Level 3 Communications and Frontier Communications. Telecommunications infrastructure, with fiber is located along SR 247. In addition the park offers wireless telecommunication service via the Lackawanna County Wireless Initiative. This service is a quick and cost-effective connectivity readily available as an advantage for business and economic development throughout Lackawanna County.
PA American Water Company services the park via a 12” ductile iron main with 8” lateral to each site. Available system pressure range from 55 to 137 p.s.i.