YCDC Updates

Bosselmans to Build Large, New Pump and Pantry in York's Interchange Area

21 August 2024

YORK – Bosselmans will be constructing a large, new Pump and Pantry store in York’s interchange area, eventually replacing the smaller store which already exists there.

The project was discussed this past week as the city council was asked for and approved Tax Increment Financing (TIF) for this particular project.

Bosselmans representatives told the council the project is consistent with the city’s comprehensive plan, as the usage of the property will remain C-3 (commercial), no property will be transferred (as it will be built east of the existing store), the utilities already exist there, as do the side streets and parking.

The TIF request of $179,000 reflects about 6.7% of the project cost, the representatives said, which is lower than the 8-10% typically requested regarding TIF projects.

“We want to build a flagship store,” the representatives said. “This will result in a 1,600-foot store.”

It will be built within the same footprint as the current store.

The new store will include many new features, including drive-through services and a Quiznos restaurant.

“This is a result of you redoing your redevelopment plan,” York County Development Corporation Director Lisa Hurley told the city council members and the administration. “I highly support this project and thank you for your dedication to growing.”

All the council members voted in favor of the TIF request.

As the company representatives said, this project will result in a $1.3 million increase in valuation. They also said they will generate additional sales tax with this new store.

Bosselmans will continue to pay the property taxes they pay on the existing property. The allowance of TIF for the new addition means they don’t have to pay property taxes on the increased value until the new tax amount reaches the TIF allowance.

TIF has been used for years in the City of York as a business development incentive tool, with projects eventually paying full taxes on their new valuations.

Publication Date: August 21, 2024

Author: Melanie Wilkinson