Download Summer 2019 Real Estate Matters
In This Issue
Luxury Apartments Are Coming
to Kennett Square ..............................................1
President’s Message ..........................................2
Now Open: Lancaster Marriott
East Tower and Rooftop Bar .............................2
New “Front Door” to Be Developed
at The Crossings ...............................................3
About Attorney-Client Privilege ......................6
High Giving Through PA’s EITC
Totals $100,000 ................................................7
Do You Have a Real Estate Strategy? ..............9
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From Lancaster Online
It was January 2015 when developers of the Lancaster Marriott at Penn Square proposed adding a second tower to their 300-room hotel.
Two reports had warned that a shortage of rooms within walking distance was impacting business at the adjacent Lancaster County Convention Center.
Adding capacity, they advised, would allow the complex to attract more large events and retain ones that might otherwise outgrow it.
Now, 4 1/2 years later, the finishing touches are being put on the $39.4 million project.
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Grand opening event spotlights $1,000 donation to Aaron’s Acres
High Hotels Ltd. held a grand opening celebration for the new Residence Inn-Lancaster, a 127-suite extended-stay Marriott-branded hotel located in The Crossings at Conestoga Creek. The Crossing is a cool-convenient, mixed-use lifestyle center in Lancaster that is anchored by a Wegmans grocery store which opened in September 2018.
Aaron’s Acres, a leading Lancaster nonprofit benefiting children with special needs was presented with a $1,000 contribution.
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Meets increasing rental demand with high-end units for millennials, boomers
High Real Estate Group LLC held a groundbreaking for The Flats at Kennett, a four-story, 175-unit apartment complex that will bring luxury apartment living to Chester County. Located on a 14.4-acre tract at 603 Millers Hill Road, The Flats at Kennett will be Kennett Square’s newest apartment community and will open in 2020.
“The Flats at Kennett is designed for millennials, baby boomers, and others who want flexibility, lifestyle, and convenience,” said Brad Mowbray, senior vice president & managing director - residential division, High Associates Ltd. “This is an outstanding project that addresses the increasing multi-family demand in the Chester County market.”
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Download Spring 2019 Real Estate Matters
In This Issue
2019 Real Estate Market Forecast ...................1
President’s Message .........................................2
New Restaurant and Rooftop Bar
Redefine Penn Square ......................................2
Opening in The Crossings at Conestoga Creek
Orrstown Bank
Pure Barre Fitness Center .................................3
High Hotels Ltd. Celebrates 30 Years ..............5
Community Services Group Breaks Ground
in Greenfield Corporate Center ........................6
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From LancasterOnline
Another cornerstone of The Crossings at Conestoga Creek will debut Friday when a Residence Inn by Marriott hotel there opens its doors.
The Residence Inn will have 127 studio and one-bedroom suites. All will have separate living, working, eating and sleeping areas, and fully equipped kitchens.
About 30 jobs are being created by the hotel, which is designed for stays of five nights or more.
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TownePlace Suites Mechanicsburg Named Brand’s Hotel of the Year
Marriott International has recognized High Hotels Ltd.’s TownePlace Suites - Harrisburg West as its Hotel of the Year. The TownePlace was awarded the prestigious top honor from among the more than 350 hotels worldwide. The award was announced and presented during Marriott’s Annual Select Brand General Manager Conference recently held in Chicago, Illinois.
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High Construction Receives Top Honors in Mid-Atlantic Real Estate Journal’s “Best of 2018”
Several High Construction projects, as well as its annual charity golf event, were showcased in the Mid-Atlantic Real Estate Journal’s “Best of 2018” program that features the finest work and efforts of businesses in the region. High Construction received top honors as a medium-size general contractor, in several categories, including Multifamily, Senor Living, Hospitality, Retail, and Giving Back.
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"2018 was a pretty good year. Odds are ... we'll see positive growth through 2019."
"It's a great time to be a borrower, and 2019 may be even better."
High Real Estate Group President and COO Mark Fitzgerald showed some optimism in his macro-level overview, which included discussion of cap markets, underwriting, investor sentiment, and cap rates. Details by market and asset class were given by Mike Lorelli, Steve Evans, Brad Mowbray, and Russ Urban.
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Download Winter 2019 Real Estate Matters
In This Issue
Movies Are Coming to The Crossings at Conestoga Creek ... 1
President’s Message ................................................................ 2
Bridge to Opportunity ............................................................. 2
Extraordinary Give ................................................................ 3
Exciting Students Early On About STEM Careers ............... 5
Fulton Breakout Performance Campaign .............................. 6
Apprenticeships Build High Hotels Workforce ....................... 7
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Multiplex, seven-screen, 630 seat, boutique luxury cinema to feature plush leather recliner seating, the latest technology in projection and sound, brewpub cafe and casual light fare with in-theater dining
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Download Fall 2018 Real Estate Matters
In This Issue
High Hotels Ltd. Commissions First 100% Solar Marriott in US ... 1
President’s Message ......................................................................... 2
Exciting New Venues for Lancaster ................................................. 2
Wegmans Grand Opening ................................................................ 2
“Topping Off” Signals Lancaster Marriott
East Tower Structural Completion ................................................... 3
Life at The Crossings ......................................................................... 4
Best Efforts – Reasonable Efforts: Does It Matter? ......................... 6
High Recognized for Five Years of Latin Festival Sponsorship ...... 7
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High Construction Raises $52,860 for Children’s Miracle Network and Penn State Children’s Hospital
High Construction Company raised $52,860 at its 10th annual charity golf invitational on September 14 to benefit Children’s Miracle Network and Penn State Children’s Hospital.
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Commissioning celebration caps $1.5 million solar array project for Courtyard-Lancaster
"Here Comes the Sun” played as High Hotels Ltd. co-workers unveiled a solar panel representing a new solar array that began powering the Courtyard by Marriott-Lancaster. The lights ceremoniously dimmed at the moment the electric power switched over to 100% renewable energy. About 75 staff, community members, elected officials, and onlookers watched as a new real-time meter located in the hotel lobby displayed the solar power produced by the project.
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High Construction Awarded $12M Contract to Build a Home2 Suites by Hilton in Glen Mills, Pa.
High Construction today announced that it received a $12M contract to build a Home2 Suites in Concord Township (Glen Mills), Delaware County, Pa. The all-suite hotel will be located at 75 Applied Bank Boulevard.
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Summer 2018 Real Estate Matters
In This Issue
Solar Array to Power
Courtyard by Marriott - Lancaster .................1
President’s Message ........................................2
Miller’s Ale House Is Coming to
The Crossings at Conestoga Creek .................2
Progress Update -
The Crossings at Conestoga Creek .................3
Change of Leadership at
High Associates Ltd. - Brokerage Services .....5
Greenfield Corporate Center Welcomes
Former White House Chef John Moeller .......5
High Foundation Contributes $100K
to Build Community Service Hub ...................6
LinkedIn: Inside the East Tower,
Lancaster Marriott at Penn Square ................7
From LancasterOnline
High Real Estate Group on Tuesday held a topping-off ceremony for an addition to the Lancaster Marriott at Penn Square, hoisting a symbolic last beam to the roof of the 12-floor, $39 million structure. About 90 company and project executives, local officials and community leaders attended. Before the 10-foot white beam was lifted, it was signed by local dignitaries and project leaders.
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The country's first 100 percent solar-powered Marriott hotel is in Lancaster
From PennLive
High Hotels Ltd. announced today it is installing a $1.5 million solar array that will generate 100 percent of the electrical power required to operate one of its existing hotels in Greenfield Corporate Center.
The completed installation will make the 133-room Courtyard by Marriott-Lancaster at 1931 Hospitality Drive the first Marriott-branded hotel in the United States with 100 percent of its electricity needs generated from solar power.
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Casual sports restaurant and bar to open fall 2018
Miller’s Ale House, a casual sports restaurant and bar, announced that it will join the Main Street retail component of The Crossings at Conestoga Creek. The Florida-based chain will occupy a freestanding location in the Lancaster, Pa. lifestyle shopping center with a footprint of approximately 7,232 square feet.
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First 100% solar-powered Marriott in U.S.
From LancasterOnline
Russ Urban, the president of High Hotels, has long been intrigued by renewable energy sources such as solar power.
But there’s a problem with trying to meet a hotel’s energy needs entirely by using solar power — the typical hotel roof is too small to hold all the solar panels required.
So, to generate enough electricity for its Courtyard by Marriott hotel in the Greenfield Corporate Center, High Hotels will install 2,700 solar panels atop a large industrial building about a third of a mile away.
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