October 3, 2012
Mayor Vaughn Spencer joined members of Think Loud Development LLC, the development arm of the York, PA multi-platinum rock band +LIVE+ today to announce that Think Loud has purchased the remaining parcel of the Buttonwood Gateway Development where a technology company will build a facility that will bring 100 good paying jobs to Reading when completed.
“This is a great day for the City of Reading,” said Mayor Spencer. “This is the second major project by Think Loud Development, and we as a city are grateful that Think Loud is again investing in Reading and investing in our future.”
Think Loud Founder and CEO Bill Hynes said the company does not want to divulge the company’s name just yet because of competition, but Chad Taylor, Chairman of the Board of Think Loud Holdings, said the project will cost about 20 million dollars.
“Strong municipal leaders are essential to growing communities and we believe the Mayor has done an incredible job highlighting the vast resources the City of Reading has to offer, and that’s why we’re standing here today,” said Taylor.
“The Mayor was instrumental in the negotiations with the technology company and bringing them here,” said CEO Bill Hynes. “They could have picked one of four cities to come to. They saw the Mayor’s vision; they saw that Reading isn’t done yet. A lot of people have written Reading off, but they need to come here, and walk around, and eat at some of the fine restaurants here. It’s a vibrant city, and we see that and we’re going to continue to invest in Reading.”
“Many times we hear about the plight of the city of Reading and how people aren’t interested in our city and are not willing to invest here. Well, these guys are. They are committed to helping my administration turn this city around and to make Reading a better place to live, work and raise a family,” Spencer stated.
Contact: Michael Dee
City of Reading