A year after announcing intentions to restore life to an old York City factory, Think Loud Development will share more details later this month at a news conference and invitation-only launch party.

Think Loud, whose executives include members of the rock band Live, first made local headlines in January 2012 with a $45 million plan for the former Bi-Comp Inc. building at 210 York St.

For example, the band will use the building's top two floors for a state-of-the-art recording studio, several apartment suites, memorabilia storage and a gym.

Most of the rest of the building is slated to become the headquarters for a technology company that Think Loud CEO Bill Hynes once compared to the caliber of companies like Apple and Google.

But, so far, Think Loud has declined to identify who's moving in.

The event: That will change Thursday, Feb. 28, at the press conference set for 5:15 p.m. at the Strand-Capitol Performing Arts Center. The company will bring hundreds of jobs to Pennsylvania, according to a news release from Think Loud.

Before the news conference, at 4 p.m., Live members Chad Taylor, Patrick Dahlheimer, Chad Gracey and Chris Shinn will sign autographs alongside Indy car father-son duo Michael and Marco Andretti and award-winning violinist Damien Escobar.

After the press conference, Think Loud will host an invitation-only party featuring a performance from Escobar.

Taylor, Dahlheimer and Gracey formed Live with former lead singer Ed Kowalczyk in 1985. The four, all York natives, went on to achieve mainstream success with their 1994 album "Throwing Copper," which produced a string of radio hits.

Shinn officially replaced Kowalczyk as the band's lead singer at a private show last year, also held at the Strand.

-- Erin James may also be reached at ejames@yorkdispatch.com.