The Gateway to Scranton
SLIBCO brings new life to historic Scranton site
One of Scranton’s historic properties
has gotten an upgrade for modern
times, thanks to efforts made by the
Scranton Lackawanna Industrial Building
Company (SLIBCO), the economic
development arm of the Greater
Scranton Chamber of Commerce.
The site of what is now the Mount
Pleasant Corporate Center was
acquired by SLIBCO in 2008, after
it purchased the property from
Keystone Concrete Block and Supply
Co. While the site is now considered
the “gateway” to the City of Scranton
for travelers entering the city via the
McDade Expressway, its origins date
back to the late Nineteenth Century
when it was home to the Mount
Pleasant and Diamond coal breakers.
The development of the Mount Pleasant
Corporate Center began as a $7
million reclamation project revitalizing
Scranton’s gateway, incorporating five
building lots on 23 areas. The Center
itself is a master-planned business
campus, offering commercial and office
opportunities near Scranton’s vibrant
downtown area. Currently, the park is
home to Geisinger Health Systems and
Mount Pleasant Medical & Professional
Center. A Sheetz gas station opened at
the Center in early 2019.
“This project is a true public/private
partnership, reclaiming a brown
field site, thanks to funding available
from federal, state, local and private
sources,” said Andy Skrip, vice
president, The Greater Scranton
Chamber of Commerce.
Strategically positioned along 7th
Avenue and West Linden Street, park
tenants enjoy ample parking, immediate
highway access and corporate visibility
from the McDade Expressway. One
of Scranton’s two main thoroughfares
into the city, the McDade Expressway
is traveled by more than 8,000 vehicles
daily.
Mount Pleasant Corporate Center is
located within a Keystone Innovation
Zone (KIZ). For-profit businesses located
within Mount Pleasant Corporate
Center that are less than eight years
old and operating within targeted
industries are eligible for a tax credit
through the KIZ program. This property
is also eligible for tax exemption under
the Pennsylvania Local Economic
Revitalization Tax Assistance
(LERTA) program.
Mount Pleasant Corporate Center Timeline
Mount Pleasant
Corporate Center
planning begins
SLIBCO purchases land
from Keystone Concrete
Block and Supply Co. and
development begins. SLIBCO begins highway
improvements on Seventh
Avenue, including road
widening, lane configurations,
traffic light changes and
intersection upgrades.
2008 2010
2004
2005
Groundbreaking
ceremony held
2009
Beacon Medical
Real Estate
purchases a
3.26-acre lot,
constructs a
two-story 30,000
square-foot office
building
Geisinger
Health Systems
announces that it
will locate to the
Mount Pleasant
Corporate Center.
2012
2011
Valley Oral and
Maxillofacial
Surgery PC,
Physicians Health
Alliance, and
LabCorp locate in
the park.
Randmar
purchases
Sheetz opens at
parcel for the
Mount Pleasant
construction of Corporate Center.
Sheetz.
2019
2018
City ordinance
granted for new
sidewalks.
New sidewalks
installed thanks
to collaborative
efforts by the
City of Scranton,
Sheetz, Geisinger
Health Systems and
SLIBCO.