WILLIAMSPORT — A project to revitalize the Lycoming Mall in Muncy Township has received $5 million in funding from the Redevelopment Assistance Capital Program (RACP), according to Sen. Gene Yaw (R-23) and Rep. Joe Hamm (R-84) who advocated for the funding.
“Redeveloping the Lycoming Mall has the potential to be one of the biggest economic development projects in Lycoming County history,” said Representative Hamm. “Providing opportunities for economic growth, job creation, and improving our quality of life are among my top priorities as a State Representative. It was my pleasure to support this funding request.”
“This state investment, which was a cooperative effort, will breathe new life into the mall and spare the property from falling into disrepair,” Senator Yaw said. “I was happy to see this funding allocated to our region.”
FAMvest, a developer based in State College, plans to repurpose the 135-acre property into a mix of commercial and residential spaces.
“Thank you to both Senator Yaw and Representative Hamm for their work in securing this grant for the revitalization of the Lycoming Mall. The Mall, for decades, was a vibrant retail center here in Lycoming County serving shoppers from throughout a multi-county region. Their efforts in obtaining this grant will assist FAMvest in the repurposing of this vast property to become once again a vibrant development in the Muncy Township area. We look forward to working with them in seeing through this work,” said Jason Fink, President/CEO of the Williamsport/Lycoming Chamber of Commerce.
RACP, a $3.1 billion state program, provides funding for development projects that boost the economic, civic, cultural, recreational or historical value of the surrounding community.
For more state-related news and information, visit Senator Yaw’s website at www.SenatorGeneYaw.com and Representative Hamm’s website at www.RepJoeHamm.com.