Property Description

Located in one of the best small cities in the US, this approved site offered the buyer opportunity to quickly enter one of the most sought after areas for residents. Lancaster city has been named on multiple resources as Best small city in US and Best Places to Retire in the US. Lancaster is highly sought after for its amenity rich downtown, and the diverse employment base that residents enjoy. This site has approved plans which have been designed with efficiency of building in mind, along with a high level of resident appeal. The mix will feature a convenient ground floor commercial space, multiple ground floor apartments and easy access to upper floors. There is the option to add a footbridge from the parking garage next door directly into the upper floors of building. The city is very pro-housing and welcoming to new business and development. The layout provides the perfect mix of units with 10 studios, and 41 one bedroom units. The historical rents are north of $2.75 per SF. Residents will enjoy the built in roof deck and high ceilings with large street facing windows. The walkable location in downtown Lancaster provides residents with immediate access to a plethora of restaurants, night life, arts, marketplaces and parks. Lancaster County is easily accessible which offers a rich history and diverse tourism base, with a wide ranging abundance of entertainment.