The revitalization of Lancaster City continues! On the heels of the wildly successful Clipper Stadium, the joint projects between Franklin & Marshall College and Lancaster General Hospital to build a sports complex and nurses' dorms, and the Lancaster Convention Center, come four new economic development projects, backed by $3 million in state loans plus private funds.
The old post office building at Prince and Chestnut Streets will undergo a $7.3 million conversion to become the new headquarters for Auntie Anne's Pretzel Company.
A Frederick Street project by the Radnor Property Group would convert a late-1800's tobacco warehouse and a 1904 office building into a daycare center and offices.
The North Prince Street project will convert a 100-year-old former Swisher tobacco warehouse into a restaurant and offices on the lower floors, and 24 loft apartments on the upper floors. I must admit that, as a younger man, I occasionally enjoyed one of the "Swisher Sweets" cigars that this company used to make! The project is being developed by Ed Drogaris.
Another previously announced Drogaris project would overhaul the Lancaster Press building at Lemon and Prince Streets. A total of $20M and 400 new jobs are expected with these new improvements to Lancaster.
Brian Schulman offers expert real estate representation for buyers and sellers of homes in Lancaster County, PA. To learn more, visit http://www.FindLancasterHomes.com/
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