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First project to use "Bucks2Invest" program announced

Published On: Nov 26 2013 06:08:22 PM EST   Updated On: Nov 26 2013 07:19:04 PM EST

Bucks County officials say a multi-million dollar re-development project could bring dozens of new jobs to the area.

QUAKERTOWN, Pa. -

Bucks County officials say a multi-million dollar re-development project could bring dozens of new jobs to the area.

Officials unveiled plans to re-purpose a vacant textile mill on Fifth Street in Quakertown Tuesday.

The project is the first to use the county's "Bucks-to-Invest" loan program created earlier this year to spur economic development.

New companies--including a software business--will move into the space when it's done.

Officials say the project will be finished sometime in 2014.