Panelists focus on shale industry benefits
Washington County, which has been a major beneficiary of the growth created by the Marcellus Shale industry of the past several years, now must take full advantage of the opportunities the industry is expected to create in the future. That was the conclusion of a panel of politicians, commercial real estate developers and economic development officials Oct. 26.
The hourlong discussion came from a “Regional Real Estate Roundtable” sponsored at the Crossroads Center by Millcraft Investments.
The event was attended by about 75 real estate developers and brokers, bankers, attorneys and other professionals.
“Things are hitting on all cylinders in the county now,” said panelist Mary Stollar, director of business investment for the Washington County Chamber of Commerce.
Responding to questions from moderator Ed Page, Millcraft’s director of property management, Stollar and the other panelists agreed that one of the next steps will be trying to capture some of the spinoff industries expected to be created by shale gas industry, which already has created an abundance of natural gas in the region.
“The Marcellus Shale is playing a continuing role in its business presence” in the region, said state Sen. Tim Solobay, D-Canonsburg.