The Bradford Economic Development Corporation (BEDC) completed site grading and infrastructure activities for the first phase development of Lafferty Hollow Industrial Park in October of 2003. Phase I contains three building lots ranging in size from 2.64 to 2.75 and 2.7 acres. These lots are immediately available for further development.

Phase II of development includes the construction of a dedicated access road from State Route 46 tying into the internal transportation system of the industrial park.  In April 2009 a contract for construction of the access road was awarded to Horizon Construction Group, Inc.  in the amount of $1,780,466.00.  Construction is currently underway with completion scheduled for December 2009.  This will enable the BEDC to offer larger tracts of land for further development. The entire 350-acre industrial park is located in a State approved Keystone Opportunity Zone (KOZ). KOZ sites are eligible for tax abatements until December 31, 2013.