Fall/Winter 2023 Real Estate Matters

While the Walnut Street Extension project has been completed, there are still plenty of developments taking place in Greenfield. The site work for the Greenfield North project is in full swing, which includes two industrial buildings and a multifamily housing project. The first industrial building, located at 430 Ben Franklin Boulevard, is 210,000 square feet and will be partially leased to AMSOIL, a leading company in synthetic oil looking to expand its presence in the Lancaster area. The remaining space is available for lease, and the building is expected to be completed by July 2024. The second industrial building, spanning 229,000 square feet, is currently being marketed to potential tenants, and construction will commence once a land lease is signed. Apart from these two industrial buildings, a gorgeous new apartment project is also in the planning phase along Willow Road, with direct access to the Walnut Street Extension and the trail. This project will consist of 600 apartments and 28 townhomes, with crucial site work, such as earthwork, stormwater improvements, and underground utilities, already underway. Given the rental housing shortage in Lancaster County, this project is much needed and will include recreation areas and walkways connecting to other parts of Greenfield. The Greenfield community is experiencing significant growth and change, and we’re excited about the developments underway, with more yet to come in the future.