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Rock Lititz receives $2 million loan to build $12 million rehearsal studio Updated May 07, 11:25 AM; Posted May 07, 11:25 AM Pictured is The Hotel at Rock Lititz. Located on the Rock Lititz campus, the 139-room hotel caters to visiting artists, crews and tourists. November 14, 2018. Dan Gleiter | [email protected] Facebook Share The loans are to create and retain employees, grow their operations, and improve their facilities. Rock Lititz Studio (through the EDC Finance Corporation) was approved for a 15-year, $2 million loan at a 1 percent reset rate to build a 44,400-square-foot rehearsal studio known as Studio 2. The project site is located within the Rock Lititz Campus in a 96-acre business park. ....
A proposed expansion of Rock Lititz Studio â the original building in the Rock Lititz business campus for the live-event industry â appears to be back on track, albeit in a smaller form. The Pennsylvania Industrial Development Authority on Wednesday approved a $2.0 million low-interest loan to help fund the $12.0 million addition on the 96-acre campus, a block west of Route 501 in Warwick Township. PIDA also approved a $2.0 million loan for Messick Farm Equipmentâs relocation and expansion to Rapho Township and a $1.5 million loan for Flex-Cell Precisionâs expansion at its Lancaster city address. The original Rock Lititz Studio is the first building in the world built specifically to house technical rehearsals of rock bands before they go on tour. âTechâ rehearsals include operating a showâs audio systems, lighting and staging. ....