I believe it was NE who mentioned investing in dead towns. I am not sure who posted but they mentioned a Cracker plant going in to treat natural gas after it comes up from being fracted. The location of this plant is along the River and I376, not far from the dying town of Beaver Falls. This plants has been listed as 5 years out for about seven years now.

I have to wonder if it will eve open up. When it does thousands 4,000 to 6,000 new jobs will be created..........someday Beaver Falls is the poster child for dying towns though. I read the state almanac once looking at trends and Beaver Falls scared me. Don't quote these numbers but it was in the neighborhood of 40,000 people in 1940, 25,000 by 1970 and about 13,000 presently.

Most all the homes from when 40,000 people lived there are still there........in very run down shape. I am not sure what these new jobs will look like or what they will pay. I am less than excited about doubling down in Beaver Falls in a bunch of $500 houses. I am not sure if this place is on the edge of a massive turn around or its all smoke and mirrors. Locally we had a huge shale push about seven years ago.........folks with acreage become shale-aires instantly. as quickly as that boom came - it went when gas prices fell.

What does the board think about the above scenario? I know David Lindell pushes for researching spots like this, but then again - I am not sure if he is in his 50's either. Who wants to go into part speculation on when or even if the Cracker Plant will ever be created. If Beaver Falls does get any smaller it just might be renamed NEville.

The Shell cracker plant is a done deal. This project will require 6,000 jobs to build the plant. There will be 600 full time jobs to run the plant once operational. This is a $6 BILLION dollar project. To put that in perspective, the next largest project in the area is a $200 million project by FedEx. The construction for the concrete plant needed for the project has begun.The best intelligence i have is the plant construction will begin at the end of 2017 or early 2018.

I would venture a guess that property values in BF are starting to see the potential impact.

Once the construction begins there won't be many vacant rentals from Pittsburgh to Erie. Buckle up and hold on for the ride!

Beaver Falls is pretty far away from the plant. When we used to do outages at the Beaver Valley plant they would have an extra 1,000 people on site and those people were split between the airport and Beaver Falls, mostly hotel rooms not so much rentals. And I don't think you'll actually see 6,000 people on sight at any one period of time as different phases require different skilled workers. I also think some of those numbers include suppliers of components or services.