2013-08-22 / Local & State

Firm Selected For Pike2Bike Analysis

SPECIAL TO THE NEWS

The Fulton County commissioners and Mapping and Planning Office announced last week they have selected the services of Fourth Economy Consulting to complete the economic-impact analysis for the abandoned Pennsylvania Turnpike known as Pike2Bike.

Fourth Economy Consulting submitted one of the six proposals received by the county and will complete the work for $17,000.

According to county officials, Fourth Economy has a national reputation and client base in the field of economicimpact studies and business development. Its clients range from state and municipal governments to universities and private enterprise. A sample of its clients includes Allegheny County, Green Building Alliance, Louisiana Technology Council, National Road Heritage Corridor, Penn State University College of Medicine, Pittsburgh Downtown Partnership, Tennessee Technology Development Corporation, and the United Nations World Environmental Day Partnership.

Project manager will be Dr. Jerry Paytas, who is the former director of the Carnegie Mellon Center for Economic Development. At the Ben Franklin Technology Center of Western PA, Dr. Paytas also managed a network of service providers that assisted more than 1,300 clients, leveraged more than $280 million in loans and grants, started nearly 70 new firms and created more than 1,000 new jobs.

A draft of the study will be available by the end of the year. Over the next several months, Fourth Economy will be surveying and meeting with local residents, businesses and municipal officials. The accuracy of the study will be impacted by the input from Bedford and Fulton counties. Everyone is urged to participate in the survey process.

The next step in the development of Pike2Bike will be the update of the Master Plan, which was adopted in 2006.

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