The York County Commissioners created the York County Industrial Development Authority (YCIDA) in 1967 pursuant to Pennsylvania’s Economic Development Financing Law (formerly the Industrial & Commercial Development Authority Law), for the purpose of investing in local industrial parks and job creation.
The YCIDA administers the Industrial Development Authority (IDA) Bond Financing Program (also known as the Industrial Revenue Bond Program [IRB]) and the Pennsylvania Economic Development Financing Authority (PEDFA) Program. Through both of these funding options, eligible firms wishing to expand or relocate in York County can finance land, buildings, and associated machinery and equipment through tax-exempt industrial development bonds, which are lower than conventional bank rates. Learn more about available funding programs through YCIDA and other YCEA related entities.
The YCIDA champions redevelopment projects within York County. Projects of note include the creation of three industrial parks, Santander Stadium, Marketview Arts and the Harley-Davidson West Campus redevelopment project — all three of which are summarized on this page.
The YCIDA has also adopted an Equity Management Plan for consideration by all individuals and/or businesses interacting with the Authority. The plan is a progressive attempt to include and encourage businesses owned and led by minority, women or local entrepreneurs to compete and participate in all contracting activities financially supported by the YCIDA.
All of these efforts helps to create a stronger community, create jobs and build a better quality-of-place in York County.
2016 Board Meeting Schedule
Monthly Meetings: First Tuesday of the month
Time: 8:15 a.m.
Location: YCEA, 144 Roosevelt Avenue, York
For more information on YCIDA, please contact Blanda Nace, 717.771.4589.
The Yorktowne Hotel
The York County Industrial Development Authority (YCIDA) announced on January 5, 2016 that it finalized the purchase of the historic Yorktowne Hotel on December 18, 2015. The purchase of the hotel is the first step in a strategic plan for the Yorktowne property. Over the next six months, the YCIDA is developing a comprehensive plan to improve the property’s use that will enhance the overall visitor experience, with a targeted renovation budget of $20 million.
The Yorktowne Hotel is an iconic community asset and the only full-service hotel in downtown York.
PeoplesBank Park is owned by the YCIDA. PeoplesBank Park is one of several pivotal economic development projects within the much larger, 20-year Codorus Corridor Redevelopment effort already underway by the YCEA, RACY, YCIDA and others.
The 5,300 seat facilty is home to the York Revolution, a member of the Atlantic League of Professional Baseball, an independent minor league organization not affiliated with Major League Baseball.
PeoplesBank Park/YCIDA Initiatives (blog posts)
PeoplesBank Park Resources (pdfs)
Economic Research Associates YORC Report (2005 March)
In 2009, the York County Industrial Development Authority purchased the former Fraternal Order of Eagles building and transformed it into a downtown arts center. Through the transformation, the YCIDA aimed to offer a dynamic and constantly evolving program for local artists while providing facilities for a mixed-use group of tenants who would contribute to the Cultural District in downtown York.
Located directly across from York’s historic Central Market, Marketview Arts features artist studio spaces, a unique event and multipurpose space (Gallery Hall) that is available for art shows, meetings, classes, weddings and many other events and two residential apartments. Marketview Arts also houses junior and senior level studio classes for York College students.
The project was funded by the YCIDA, a RACP grant and private investors.
In the 4th quarter of 2015, Marketview Arts was sold to York College of Pennsylvania.
Harley-Davidson West Campus Project
In January 2010, the YCIDA Board of Directors announced an agreement of sale with Harley-Davidson Motor Company Operations, Inc. for the purchase of 58 acres known as the West Campus. Over the next year, the YCIDA conducted its due diligence to prepare a redevelopment strategy to govern the reuse of the site. Many of the structures existing on the site were removed to make the site more marketable for redevelopment. The YCIDA closed on the 58 acre site in July 2012. In November 2015, The YCIDA sold the site to NorthPoint Development.