Jay Fergusonjay@deepcreekvacations.com301-501-0420
Menu

Edwards Fund issues $13.2 million in grants for Allegany, Garrett projects

 Representatives for the Sen. George C. Edwards Fund announced Tuesday that 13 economic development projects in Allegany County and six in Garrett County have been awarded nearly $13.2 million in grant funding.

The Sen. George C. Edwards Fund was allocated $50 million by the state of Maryland last year to be distributed in Allegany, Garrett and Washington counties over the next five years to create jobs and stimulate the economy in Western Maryland.

Projects selected for funding in Allegany County include $1.5 million for the conversion of the former Memorial Hospital site in South Cumberland to a housing complex. Also included is $1 million each for improvements to Vocke Road and for an expansion of Western Maryland Lemonade located in downtown Cumberland.

Managed by the 11-member Western Maryland Economic Future Investment Board, the Fund received 100 applications. Each board member reviewed all the applications, and the county commissioners from each county ranked the projects within their jurisdictions. The ranked projects were presented to the board, which had the final vote.

“I am very happy to see this fund support so many strong projects, which will have a tremendous impact on our communities,” said Edwards in a press release. “These investments in Western Maryland will create jobs and help attract new businesses, supporting and inspiring economic growth for years to come.”

Other projects selected for funding in Allegany County include 1812 Brewery, $750,000; Rosenbaum Building redevelopment downtown, $500,000; Wills Hotel development, $500,000; former Allegany High School site improvements for future housing, $422,000; Liang Property development near UPMC Western Maryland, $250,000; Pharmacare expansion, $223,000; Queen City Creamery, $200,000; Rainmaker Music expansion downtown, $140,000; Allegany College of Maryland, $100,000; and Reptilian Arts expansion, $15,000.

According to the press release, the total impact value of the funded projects is $178.5 million, which is leveraged by $20 million from the fund. The projects are expected to create over 600 direct, permanent jobs, not including temporary construction jobs or indirect job creation. Grant agreements have been signed with the awardees, and the Tri-County Council for Western Maryland is coordinating the distribution of funds.

In Garrett County, projects selected for funding include $1.5 million for expansion of the Beitzel Corporation’s headquarters in Grantsville, where the company will construct a new field crew and fleet training and maintenance center.

Other projects to receive funds include $1.5 million for Simon Pierce Manufacturing; $1.3 million for improvements at the Corsa Coal North Mine; Garrett County government for $1.2 million for future housing; $600,000 for a MEDCO spec building; and $500,000 for improvements at the Keyser’s Ridge Business Park.

Andrew Sargent, from the Maryland Department of Commerce, said, “The Economic Future Investment Board worked hard to review all the applications and identify the projects that would have the greatest impact on the region. We are excited to see these projects progress and are proud to have played a role in their success.”

Allegany, Garrett and Washington counties received $6.6 million each for projects. Washington County has six projects, including $1.52 million for a new Meritus school of osteopathic medicine.

article by Greg Larry at the Cumberland Times-News. To reach him, call 304-639-4951, email glarry@times-news.com and follow him on Twitter @GregLarryCTN.

Comments

comments

Published by

Jay Ferguson

Who I Am My name is Jay Ferguson, and I am a lifelong resident of the Deep Creek Lake area. I am also co-owner of the real estate side of Taylor Made. I have been in the real estate business for 21+ years now and I LOVE what I do! I have to say, my career really took off when I co-founded the real estate side of Taylor Made in 2014. Its been an amazing experience, building a real estate company from the ground up and achieving so much so quickly! In August 2016, we purchased Long & Foster Real Estate Deep Creek, where I had started my career in 2000. In 2018, we on-boarded virtually every agent from Coldwell Banker Deep Creek Realty as they closed up shop and the real estate family grew even more! We now have over 40 sales agents and have expanded to West Virginia and Pennsylvania, as well. Taylor Made is the #1 vacation rental company at Deep Creek with over 475 vacation rental homes, and over one hundred thousand yearly visitors. Its amazing what we have accomplished using the principles of honesty, teamwork and customer service! Personally, my wife Jessica and I enjoy traveling and especially spending time in the outdoors, hiking and exploring the many diverse areas that Garrett County is naturally blessed with. We have raised two wonderful children here, Kayleah (22) and Noah (13). In the summer, we love spending time on the water with friends & family and enjoying the lake life! We are both active in our church, our community & local school activities, and we fill our schedule with plenty of volunteer efforts. I currently serve on the board of directors for Habitat for Humanity. I am proud to say that I was named Deep Creek Time’s Favorite ‘Community Champion’ in 2019. I was also named Garrett County Realtor of the Year in 2018-19, as well. I really enjoy promoting my hometown. I am very proud of the resort area that has developed over my lifetime and look forward to growing the area even more! Deep Creek Lake has been described as ‘The Lake Tahoe of the east', and I think that speaks volumes about the potential to own property here! Deep Creek Lake isn't really a town or city by itself; it's comprised of three towns: Oakland, Swanton & McHenry, Maryland. I am very passionate about my hometown and am impressed with how many people know about it as we travel around the country. Deep Creek Lake is an amazing place to visit and even better place to live! During the pandemic in 2020, our market exploded and more and more people left their primary residence in the city to live here permanently. With distance learning in schools and tele-commuting becoming the ‘norm’, many more people were drawn to the area to ‘live where they love to play’. Why You Want Me Working for You: In addition to being an owner, I am consistently one of the top-producing agents in the entire area and the Associate Broker of record for Taylor-Made Deep Creek Vacations & Sales. I have 21+ years of experience and I am a problem solver. There aren’t many situations that I have not encountered and I have a strategy for almost every scenario that you may encounter. I have extensively trained in all areas of real estate & emerging technologies, and also have trained as an appraiser, as well as served as a full-time Broker. I have a strong knowledge of the industry, as well as many trusted local contacts & affiliations that allow me to perform at a very high level and deliver results. I have a great deal of respect for my peers in this industry and have strong working relationships that I would love to put to work for you. Call me to discuss your situation - I know I can be of great service to you & others you care about! Honesty. Integrity. Results.