Lancaster PA Commercial Real Estate - Lancaster PA commercial real estate.  Brought to you by John Thiry, CCIM of Marcus & Millichap

$5 million retail center planned on Harrisburg Pike near Park City

by thiryj

Originally Published Aug 28, 2013 14:50
By TIM MEKEEL, Business Editor
tmekeel@lnpnews.com

A small retail strip opposite Park City, initially led by a jewelry store, could be replaced by two buildings — including a jewelry store.

An Illinois developer is proposing a two-building, $5 million retail center that would open on Harrisburg Pike about a year from now.

Quattro Development would raze the 6,000-square-foot building there now. It opened in 1987, anchored by The Diamond Emporium for eight years.

In its place would go buildings of 6,800 and 6,100 square feet, accompanied by 60-plus parking spaces in the rear.

Ron Walters, an owner of Quattro Development, said the 1480 Harrisburg Pike site is highly desirable for several reasons.

First, so much traffic goes past the 2.2-acre property as it travels to or from Park City or on the Route 30 Bypass.

Second, “there’s a limited supply of peripheral retail that’s really well located” around the mall, he said.

Pending approvals from Manheim Township, Quattro Development would settle on its purchase of the site in February.

Groundbreaking is expected in the spring, to be followed by completion in August or September 2014.

A jewelry store and a vitamin store have pending leases. A cellphone store has expressed interest in the site too.

Walters declined to identify them until their leases are finalized.

If all three businesses move in, the two buildings would be filled and 20 to 30 jobs would be created.

To make the project possible, Quattro Development is seeking two zoning variances to let it install a sewer line through riparian and wetlands buffers.

Township zoners are expected to hear the request at their 6:30 p.m. Tuesday meeting in the township building.

Quattro Development won six other variances from the zoners last October for the placement of the buildings and loading space on the lot, sidewalk width and streetscape improvements.

A land development plan has yet to be filed for the project, a township official said.

Quattro Development, based in Oak Brook, Ill., specializes in small-shop retail development.

It has completed projects in Illinois, Missouri, Indiana, Arizona, South Carolina, New York, Tennessee and Oregon.

The Harrisburg Pike project is one of two ventures targeted for in Pennsylvania.

In Dickson City, Lackawanna County, Quattro is constructing a free-standing Chipotle Mexican Grill restaurant.

Here, next to the westbound on-ramp for the Route 30 Bypass, the current retail strip sits on what had been the site of an Exxon station.

The Diamond Emporium had a distinctive glass entrance, shaped like a diamond.

A hair salon, cellphone store, audio store and women’s clothing boutique filled the balance of the space.

Now the strip is about three-fourths full with a swimming pool business, a nail salon and an attorney’s office. A former chiropractic office is vacant.

Courtesy of the Lancaster Intelligencer Journal/ Lancaster Online. Read the full article here:

Read more: http://lancasteronline.com/article/local/888341_-5-million-retail-center-planned-on-Harrisburg-Pike-near-Park-City.html#ixzz2dNWo4yED

$5 million retail center planned on Harrisburg Pike near Park City – News.

Share