Our Mission
The Citywide Development Corporation (CDC) of New Castle, Pennsylvania is a non-profit 501 (c)(3) organization that aims to strengthen and transform the city by developing programs and services to facilitate New Castle’s desire for positive economic growth. The CDC achieves its mission through economic development, community revitalization, real estate development, and rehabilitation of vacant and blighted properties.
Our Vision
Our citywide vision is to utilize a comprehensive economic development strategy to encourage multifaceted economic development. The CDC seeks to maintain a balance between attracting new developers, investors, businesses and families to our city, facilitating the creation of well-paying jobs, and stimulating real estate development. As a result, we aim to grow the city while helping to provide the very best quality of life for all New Castle PA residents.
Benefits
Enterprise Zone Tax Credit
New Castle Pennsylvania qualifies for the Enterprise Zone Tax Credits in some areas. This program offers tax credits for eligible business projects. The goal of EZP is to assist qualified investments by approved private companies.
Eligible activities include: Rehabilitation, Expansion, Improvement to Buildings, Improvement to Land, Engineering, Architecture and Acquisition in Addition.
EZP Requires:
• The Project is within portion of a distressed community designated as an Enterprise Zone, Keystone Main Street, Keystone Community or Keystone Communities Enterprise Zone.
• Employment opportunities are recreated for low-income individuals located within the designated zones.
• Employment opportunities must be full-time, higher than the state minimum wage at a family sustainable wage and include benefits.
Visit the Pennsylvania Neighborhood Assistance Enterprise Zone Tax Credit page.for more information.
Opportunity Zones
New Castle Pennsylvania has four qualified Opportunity Zones. An Opportunity Zone (OZ) is a newer Federal incentive for investment that would benefit projects, and may be paired with other incentives, tax credits, grants or loans. The intent of this program is to enhance economic development and job creation.
Investors would have the opportunity to delay paying capital gains until as late as December 31, 2026. The IRS and Department of Treasury are some of the regulatory agencies for this program. For more details on the OZ and how you may utilize this incentive, please visit the Pennsylvania Department of Economic and community Development website.
You may also visit the IRS website for more important changes.
New Castle Pennsylvania is taking a proactive approach to this program and currently is in the preliminary stages of developing a prospectus for the OZ. We welcome developer’s questions.
Below is a map showing the four opportunity zones.
Local Tax Incentives
The city of New Castle offers a valuable City and School District property tax abatement of 100% for 5-years to qualified owners. Download the info sheet here.
Loan Programs
New Castle, Pennsylvania offers an excellent business loan program. This funding source is not available in the private sector. Download the application here.
Real Estate
From new homes to rehabilitated historic homes to investment properties to rentals, there are lots of great real estate deals. The overall cost of living is below market value.
Careers
Whether you want to be an employer or find a great job, bring your existing business, or start a new business, great careers await you here in New Castle, Pennsylvania.
Schools
The New Castle Area School District provides excellent well-rounded curriculums for Pre-Kindergarten through Senior High School with great extra curricular programs.
Healthcare
UPMC Jameson a full-service hospital providing inpatient care, surgical services, diagnostic imaging, emergency medicine, senior care, rehabilitation and much more.
Dining
Fine dining, the best ravioli on the entire planet, homemade comfort food or our world-famous hot dogs! New Castle has great food for everyone to enjoy.
Entertainment
From petting furry friends at the animal park to experiencing beautiful fireworks displays, to a great round of golf or seeing a show, there are lots of fun activities for the entire family.
Employment Opportunities – Career Link
Check out the latest employment opportunities here in New Castle, Pennsylvania:
Pennsylvania Career Link
102 Margaret Street
New Castle, Pennsylvania 16101
Phone: 724-656-3165
Web: https://www.pacareerlink.pa.gov/jponline/
2023 Goals
- Boost the market with strategic reinvestment.
- Attract new business owners and families.
- Invite waste-to-energy technology providers.
- Entice developers for property rehabilitation.
- Repair potholes in roads and parking lots.
- Offer incentives for relocation to New Castle.
- Foster new growth for existing businesses.
- Increase below market value real estate sales.
- Expand chamber of commerce membership.
- Pursue further grants for city redevelopment.
- Create and fill many new job opportunities.
- Enhance parks and recreation activities.
About Our City
In 1798, John Carlysle Steward, a civil engineer, traveled to western Pennsylvania to resurvey the “donations lands” granted by the government to Revolutionary War veterans. During this task, he discovered that the original survey forgot to stake out 50 acres at the confluence of the Shenango River and Neshannock Creek. Steward claimed them for himself. That was the beginning of the city of New Castle, Pennsylvania.
In the mid-1800s, the city was flourishing as a manufacturing town and had became the tin plate capital of the world. The Shenango Tin and Steel Company had over 40 tin mills and was the largest tin plate manufacturer in the world, creating a huge increase in prosperity. New Castle’s population swelled from 11,600 to 38,200 by the end of the century, and New Castle enjoyed its greatest growth ever since the founding of the city
In the mid-1800s, the city was flourishing as a manufacturing town and had became the tin plate capital of the world. The Shenango Tin and Steel Company had over 40 tin mills and was the largest tin plate manufacturer in the world, creating a huge increase in prosperity. New Castle’s population swelled from 11,600 to 38,200 by the end of the century, and New Castle enjoyed its greatest growth ever since the founding of the city.
In the early 1900s, numerous major businesses launched in New Castle, including the Shenango China Company, one of the leading American dinnerware and fine china manufacturers in the world. Shenango China produced serving dishes for the White House and fine china for several United States presidents, including dinnerware for Lyndon B. Johnson and John F. Kennedy and a commemorative plate for Dwight D. Eisenhower.
Over the past 40 years, New Castle has transformed from its primary reliance on industry to a well-balanced economy comprised of manufacturing, retail and service-related businesses. Many buildings and old stately homes are being restored by investors, developers, and families. Finally, nationally recognized Zambelli Fireworks and Pyrotecnico Fireworks are credited for making New Castle, Pennsylvania the “fireworks capital of America.”
Over the past 40 years, New Castle has transformed from its primary reliance on industry to a well-balanced economy comprised of manufacturing, retail and service-related businesses. Many buildings and old stately homes are being restored by investors, developers, and families. Finally, nationally recognized Zambelli Fireworks and Pyrotecnico Fireworks are credited for making New Castle, Pennsylvania the “fireworks capital of America.”
Local Businesses
Ellwood Quality Steels (EQS), located in New Castle, PA, is North America’s most reliable producer of carbon, alloy, and remelted steel ingots. EQS serves its customers with unmatched technical service, the highest quality, fast lead times and low cost. Since 1985, EQS has continuously reinvested in its people, technology, and equipment to be the premier supplier to open and closed die forgers, extruders, ring rollers, plate mills and bar mills throughout the continent.
Since 2005, Lee Michael Industries, Inc., has been providing expert services in the areas of industrial construction and steel fabrication work, excavation and concrete work, Pre-engineering metal building erection, facility renovations and expansions and design build projects for both industrial and commercial applications. Their Moto is “Quality Workmanship from Honest Dependable People, at a Fair Price” in the tri-state area.
Since 1959, Treloar & Heisel has been providing custom insurance and financial planning services to dental and medical professionals. They offer products such as disability income insurance, buy/sell agreements, business overhead expense insurance, term life insurance, and wealth management services. Treloar & Heisel also provides customized risk management solutions including malpractice insurance, professional liability insurance and business owners coverage.
Since 1982, InfoCision has been providing direct marketing solutions that deliver our clients the highest possible ROI. We achieve our vision of being the highest quality marketing solutions partner by helping our clients build strong relationships with their target audience, ensuring we take the highest quality calls, and by creating an upbeat, positive workplace. Our philosophy has been, and always will be to provide the highest quality services to our valued customers.
Led by CEO Adam Weitsman, Upstate Shredding-Weitsman Recycling has grown into one of the largest scrap metal processors and recycling centers in the United States. They process 1M tons of ferrous and 250M pounds of nonferrous per year. Their leading-edge process and technology ensures the production of clean, bulk, scrap metal commodities that are sold to foundries, mills, and manufacturers domestically and around the world.
Since 1851, Butz Flowers & Gifts has been serving the community with pride and tradition, offering only the finest floral arrangements backed with service that’s prompt, courteous and 100% reliable. They carry the area’s largest selection of fresh flowers & roses, green & blooming plants, dry & silk arrangements, fruit & gourmet baskets, balloons, stuffed animals and gift items for all of your special moments. Fast delivery and excellent designers set Butz Flowers & Gifts above the rest.
Since 2012, Horizon Supply Company of New Castle, PA has been a national leader that produces products for oil and natural gas pipelines, industrial tool sales, environmental reclamation and the general construction industry. They carry an extensive inventory of materials geared toward all segments of the natural gas and oilfield construction industry. They pride themselves on ethical sales and competitive pricing.
Since 1990, Pagley’s Pasta & More has been serving amazing pasta, pizza, and other classic Italian comfort foods served in a quiet, relaxing family atmosphere. Pagley’s is famous for its out-of-this-world ravioli and great steaks, in addition to a full menu of American and Italian food that you will simply love. Pagley’s is also vegetarian friendly, as well as has a full bar of beer, wine, mixed drinks, sodas and iced tea. It is a must-try restaurant in New Castle.
Since the 1940s, Love Heating and Cooling is one of the oldest family operated businesses in New Castle. They serve the community with excellent heating and air conditioning including heat pumps, air conditioners, gas furnaces, mini-splits, indoor air quality products, garage heaters and ductwork installation and modification. The business is proudly owned and operated by Duane and Terry Boyles.
FAQ
Are there any incentives for me to move my family to New Castle, Pennsylvania?Admin2019-02-14T01:56:34-05:00
Yes! From a relatively low cost of living, to below market value commercial and residential real estate, New Castle is a great place to live and work. The city also offers a 100% 5-year tax abatement on new construction. An application can be obtained upon picking up a building permit from Code Enforcement.
Are there any financial incentives to move my business to New Castle, Pennsylvania?Admin2019-02-14T01:55:23-05:00
Yes, there are special loan programs that can help you move your business and have a smooth transition. The city also offers a 100% 5-year tax abatement on new construction. An application can be obtained upon picking up a building permit from Code Enforcement.
What are the closest hospitals or urgent care facilities in New Castle, Pennsylvania?Admin2019-02-13T19:05:43-05:00– UPMC Jameson Hospital North Campus – 1211 Wilmington Avenue, New Castle, Pennsylvania.
– UPMC Jameson Hospital North Campus – 1211 Wilmington Avenue, New Castle, Pennsylvania.
– New Castle Primary Care – 1112 S. Mill Street, New Castle, Pennsylvania.
– MedExpress Urgent Care-2411 Wilmington Road, New Castle, Pennsylvania.
– Family First Swiftcare – 3128 Wilmington Road, New Castle, Pennsylvania.
What is the median cost of homes in New Castle, Pennsylvania?Admin2019-02-10T19:36:09-05:00
The median home value is $61,400, ranking #1,388 in Pennsylvania, #18,114 in the USA and ranks better than 38% of areas.
What is the average property tax in New Castle, Pennsylvania?Admin2019-02-10T19:35:45-05:00
The median property tax in Lawrence County, Pennsylvania is $1,436.00 per year for a home with the median value of $92,600. Lawrence County collects, on average, 1.55% of the property’s assessed fair market value as property tax. The average yearly property tax paid by Lawrence County residents amounts to about 2.94% of their yearly income. Lawrence County is ranked 636th of the 3143 counties for property taxes as a percentage of median income.
How are the public schools ranked in New Castle, Pennsylvania?Admin2019-02-10T19:35:40-05:00
According to Areavibes , the average New Castle Pennsylvania schools rank at 67% proficiency, which is 25% higher than the state average. The student to teacher ratio is 16 to 1.
What is the current population of New Castle, Pennsylvania?Admin2019-02-10T19:33:43-05:00