"This funding will help generate greater enthusiasm for theongoing redevelopment of downtown State College," says Gov. EdRendell. "Pennsylvania's investment shows our commitment toproviding the resources communities need to create newopportunities for businesses, residents and visitors alike."

The Fraser Center site currently holds the old borough building,which will be demolished in October. Planned for construction are a57,800-sf, 10-screen 1,550-seat cinema, with a street-level entry.The round floor will also have 7,500-sf of other retail. The secondfloor will have 13,885 sf of office space, and 54 condominium unitsstarting on the third floor. Construction will start in thespring.

"Our investments in projects like the Fraser Centre aregenerating real results," Rendell says. "In Centre County, thereare 3,700 more people working today than when I first took officein January 2003."

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