For 17 years, financial growth was Mary Stollar’s specialty with the Washington County Chamber of Commerce.
“Most of my time there, I used to be serving to firms discover a place to maneuver into or to develop into,” she stated. “The chamber didn’t personal any actual property and it had no vested curiosity in the place an organization was positioned within the county.”
Her duties additionally prolonged to offering entry to state-related incentive packages, and enterprise outreach and financing packages all through the county.
Stollar, to make sure, arrived on the chamber a financially savvy skilled. She had an intensive banking background – 30 years as a supervisor with two Western Pennsylvania banks. So she is aware of funds.
Mon Valley Alliance is now drawing on her four-plus many years of experience.
Stollar, who had in the reduction of to half time on the chamber in 2019, joined the MVA three weeks in the past as director of actual property and financial growth. The alliance introduced her hiring April 19, together with the promotion of Jamie Colecchi to CEO.
Colecchi succeeded Ben Brown, an East Washington resident who resigned earlier than assuming the newly created place of director of consumer expertise and innovation for Group Financial institution.
“I’m actually excited to get again into the sport,” stated Stollar, a Washington County native. “(MVA) for the previous two years has been superb.
“I spent 30 years in banking, so it’s good to be with an organization that’s rising and seeing potential financing choices out there.”
Stollar is comfy with the transition to MVA, simply as Colecchi is happy to have her on board. They’d labored collectively beforehand, when Colecchi labored for the Southwest Pennsylvania Fee. “It was nice to reconnect along with her once more,” Colecchi stated.
She stated they’d a morning-long assembly quickly after she arrived, “on all of the initiatives” wherein the alliance was concerned. “We really feel that a whole lot of what I did on the chamber match into my function right here.”
Her function will embrace additional growth of Alta Vista Enterprise Park. Work on the park, adjoining to Interstate 70 in Fallowfield Township, accelerated in recent times below Brown’s auspices. A mere three heaps within the 256-acre tract are nonetheless out there for growth.
“Every thing else has been claimed. Grime is being moved for brand new buildings,” stated Colecchi, who had been director of operations and growth at MVA. “Ben undoubtedly acquired issues on the correct course final three years together with his vitality and momentum. We wish to preserve the momentum going and see the place it takes us.”
Alta Vista, to make sure, is just not the one endeavor the alliance is pursuing within the Valley. “The group is labor-remediation initiatives in downtown areas,” stated Colecchi, who has been a linchpin in growth and administration of the Mid-Mon Valley Regional Enterprise Zone.
A type of initiatives led to the demolition of two shuttered, adjoining companies in Charleroi: the previous Atlas Merchandising Co. warehouse and Invoice’s Feed Retailer. Floor will likely be damaged for a 6,000-square-foot workplace constructing at Second Avenue and McKean Avenue.
“The alliance will goal medical places of work primarily,” Stollar stated. “We had an financial viability research executed and medical was tops.”
One other venture is, actually, near house for MVA. Mon Valley Enterprise Useful resource Middle – a hub for growth of recent companies, coaching and incubation – has launched inside a former Group Financial institution department in Monongahela. MVA and its basis additionally function there.
The alliance is one among many entities with which the Washington County chamber works. Chamber President Jeff Kotula totally endorses the 2 high-level personnel strikes MVA made just lately.
He stated in a press release: “The Mon Valley Alliance couldn’t have made higher choices than Jamie and Mary. Jamie is properly regarded for his financing data, and Mary is firmly established within the area’s actual property neighborhood.
“We’re trying ahead to working with them on the expansion of the Mon Valley.”
The Valley definitely has grown on Colecchi; he’s a lifelong resident. Stollar, quite the opposite, has by no means lived there. But she is sort of accustomed to the turf, and comfy with it.
“I’ve spent a whole lot of my working profession right here.” she stated from her workplace on Tuesday. “Once I labored for Mellon Financial institution, I supported branches in Charleroi, Donora and Monessen. My work with the chamber introduced me right here as properly.”
Stollar is, certainly, again within the sport – a well-known sport.