Plaza Allegheny retail project will create 140 jobs in Philadelphia’s Fairhill neighborhood
PHILADELPHIA — Work is set to begin on an 85,000-square-foot supermarket-anchored shopping center near Third Street and Allegheny Avenue that city officials said would be a new economic engine for the surrounding Fairhill neighborhood.
The $16 million project will create 140 permanent jobs in the community, according to a release from Philadelphia Industrial Development Corp. (PIDC), which is helping to fund construction.
Fairhill can expect a “major economic boost” from the Plaza Allegheny project, Mayor Jim Kenney said in a release. During last year’s election campaign, he promised to champion development in underserved neighborhoods.
“Plaza Allegheny will not only help revitalize the community, it will also bring much needed job growth to an area that has one of the highest unemployment rates in Philadelphia,” Kenney said.