The City of Erie Investment Prospectus is intended for individuals and corporations looking to invest capital gains in our city’s eight Opportunity Zones.  The City of Erie is committed to getting it into the hands of wealth advisors, investment bankers, accountants, private equity firms, family offices, venture capital firms, angel investment groups, and social impact investors at a local, regional, and national level. 

Investors, outside investors in particular, want the top line messages of what makes our city compelling.  This prospectus lays out the main selling points that investors should know upfront –

Why Should They Invest in Erie?  

You’ll find in this document that we believe there are a multitude of reasons to invest in Erie.  But we’ve identified the following as our main selling points:

• The nearly $750 capital investment we’ve seen across all sectors, Private, Philanthropic, and Public sector
• Our Bayfront and our water. And those corresponding assets
• 23,000 University students that live in Erie at any given time
• Our Secure Smart City in coordination and partnership with the Erie Innovation District
• The over 1,000,000 square feet of commercial and residential property prime for redevelopment

In addition to those headline grabbing reasons to invest in Erie, we feature what we call illustrative investment opportunities – or shovel ready projects.  This list is in no way exhaustive.  But we’ve attempted to best identify to the shovel ready projects, or intermediates in place to help investors identify viable investment opportunities, whether that be in operating businesses, startup businesses, mixed-use development, affordable housing, or industrial redevelopment. 

The City of Erie recycling program has not changed. City residents should continue recycling as they have been. The City of Erie’s recycling contract will remain in effect until the end of the year. Any future changes will be communicated at a later date.

For county residents:

Erie County will be adjusting their recycling program in order to eliminate glass, shredded paper, and some plastics. Only full sheets of paper will be accepted. Envelopes, postcards, small junk mail, and others will not be accepted with this new program. As far as plastics go, bottles, jugs such as laundry detergent or milk, and jars for peanut butter and condiments will be accepted. However, plastics numbered 3 through 7 will no longer be accepted. Erie County uses a single-stream recycling system, in other words, residents combine materials rather than separate their recyclables. This process is very convenient, but adds an extra layer to the process. The timeline for when this rule will go into effect varies by municipality. They are already in place for most county businesses. The best solution to this process would be to purchase less glass and more items made with aluminum or recyclable plastic. In the future, Erie is looking for alternate methods for reusing glass and recycling it. For more information and an updated list of municipal guidelines, be sure to click the link below! 

http://www.goerie.com/news/20180623/how-and-what-to-recycle-in-erie-county

A construction project that will give motorists a smoother ride more than two miles of the Bayfront Connector (Route 4034) in Erie County is scheduled to begin next week.

The project will improve 2.51 miles of Bayfront Connector from the Interstate 79 line to the intersection with Sassafras Street.

Work will involve milling and resurfacing, concrete pavement patching, and upgraded curb ramps, guiderail, signs, and pavement markings.

Construction is expected to begin on September 4, 2018, and work is scheduled for completion by December 21, 2018.

The contractor is Russell Standard Corporation of Union City, PA. The contract cost is $2,016,875, which is to be paid entirely with federal funds.

No detours are expected, but motorists will encounter lane restrictions.

PennDOT urges motorists to slow down when driving in work zones, and also to be alert to changing conditions, avoid distractions and to pay attention to signs and flaggers. Drive responsibly in work zones for your safety and the safety of the workers.

For more information on projects occurring or being bid this year, those made possible by or accelerated by the state transportation funding plan (Act 89), or those on the department’s Four and Twelve Year Plans, visit www.projects.penndot.gov.

Motorists can check conditions on major roadways by visiting www.511PA.com. 511PA, which is free and available 24 hours a day, provides traffic delay warnings, weather forecasts, traffic speed information and access to more than 850 traffic cameras.

511PA is also available through a smartphone application for iPhone and Android devices, by calling 5-1-1, or by following regional Twitter alerts accessible on the 511PA website.

Follow PennDOT on Twitter at www.twitter.com/511PAErie

What do you want to see in Erie County's public spaces? Take this quick survey to tell us your thoughts. Responses will help shape the county's Parks, Trails & Recreation plan.

For more information, visit the Erie County Department of Planning or go directly to the survey here.

The Pennsylvania Business One-Stop Shop is the go-to resource for planning, registering, operating, and growing a business in Pennsylvania.

Serving as the first point of contact for Pennsylvania business development concerns, the Pennsylvania Business One-Stop Shop connects and guides businesses through all stages of development — from planning and startup to operating and expanding. Whether seeking information about registering a business, Act 32 and Local Earned Income Tax withholding, Unemployment Compensation (UC) tax, diverse business resources, and more, the Pennsylvania Business One-Stop Shop can help provide answers to business-related questions.

With an easy-to-navigate website and backed by a team of business consultants and subject matter experts, entrepreneurs and small businesses have access to the resources, tools, and experience to help them dream big, plan for the future, and achieve their goals.

To learn more about the Pennsylvania Business One-Stop Shop, visit business.pa.gov.