Global flooring manufacturer will move into three transformed buildings in 2021; Comes at time when Greenfield accelerates investment for the future
Armstrong Flooring, Inc. (NYSE: AFI) will relocate its corporate headquarters to Greenfield in 2021. This comes at a time when Greenfield is enhancing its brand with new messaging, new investment, and new vitality at its 600-acre campus.
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When Pennsylvania Governor Wolf closed all non-life sustaining businesses, including real estate sales and leasing, High Associates Ltd. staff immediately began working remotely.
“With the help of virtual technology during these challenging times," said Ruth Devenney, CCIM, SIOR, Associate Broker, "High Associates Ltd. assisted Power Packs® in securing a new facility in Greenfield to help meet the growing nutritional requirements for families and children in need within the Lancaster community.”
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High Construction's offices and jobsites are closed. We continue to maintain essential business operations.
In compliance with Governor Wolf's directive of March 19th regarding "non-life-sustaining businesses", High Construction's offices and jobsites are currently closed. We continue to monitor this very fluid situation. However, while our offices are physically closed, we are continuing to service our customers and projects to the best of our ability.
"All the arrows are green for borrowers."
"Consumer confidence is on the rise and will be a positive thing for the economy."
High Real Estate Group President and COO Mark Fitzgerald offered continued optimism
on the broad economy. Here are slides from today's program.
2020 Lancaster Market Overview - Download
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Partnership with HACC-Harrisburg Yields Upward Mobility
High Hotels Ltd. recently celebrated the graduation of its first hospitality apprenticeship class. An event held January 15 at The S. Dale High Leadership Center in Lancaster recognized seven co-workers who each received 15 college credits and Hotel Associate-Journeyworker and ServSafe certificates.
A first-ever pilot created by High Hotels in partnership with the Harrisburg campus of Harrisburg Area Community College, the associate program launched in August 2018 and provided more than 4,000 hours of training. The pilot was funded in part by a $50,000 grant from the Pennsylvania Department of Labor & Industry.
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From LancasterOnline
Thaddeus Stevens College of Technology plans to expand its presence in East Lampeter Township with a nearly 86,000-square-foot building the college has dubbed its Transportation Center.
The building will be constructed on a new road near the college’s existing campus in the Greenfield Corporate Center. It will house Stevens’ automotive technology and collision repair technology programs, as well as a new diesel technology program starting in the fall 2021 semester.
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Download Winter 2020 Real Estate Matters
In This Issue
Luxury Apartments Break Ground
in Charlotte’s Mallard Pointe......................... 1
President’s Message....................................... 2
Unique Entertainment Experience
Comes To The Crossings ............................... 2
Hotels Stay On-Trend With Property
Improvement Plans (PIPs).............................. 3
What’s My Land Worth? ............................... 4
Responsible Growth,
an interview with Ken Hornbeck ................... 5
Download Winter 2020 Real Estate Matters
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From LancasterOnline
The state and the High companies intend to build a $15.3 million road on part of the “goat path” as a quicker, calmer alternative to heavily congested Greenfield Road at Route 30.
The two-lane road will begin where the “goat path” starts — at the eastern end of Walnut Street. A new bridge will take this extension of Walnut Street over Millcross Road.
The Walnut Street extension, a state road, will end at a roundabout. There it will connect to a new township road, Ben Franklin Boulevard, and go to Greenfield Road.
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From LancasterOnline
What’s described as “the most advanced movie theater in Lancaster County” will open Friday, Nov. 8 at The Crossings at Conestoga Creek on Harrisburg Pike.
Reel Cinemas brings moviegoers seven screens, 682 seats (all of them heated luxury recliners), state-of-the-art laser projection, the newest Dolby audio systems and a dining area with a liquor license.
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Meets increasing rental demand with high-end units for millennials, boomers
High Real Estate Group LLC held a groundbreaking for a new luxury, four-story apartment complex in the Charlotte suburb of Mallard Pointe. Located on an 11.76-acre tract at 11030 David Taylor Drive, Mallard Pointe will offer 260 one-, two-, and three-bedroom units with upscale finishes in three elevatored buildings. The apartments will be available for lease in fall 2020.
“The community at Mallard Pointe will provide the luxury lifestyle that is in demand among millennials and baby boomers,” said Brad Mowbray, senior vice president & managing director - residential division, High Associates Ltd. “This is an outstanding project that addresses the high end of the Charlotte rental market.”
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Grand Opening celebration marks award-winning Hotel/Convention Center’s 10-Year Anniversary
Economic catalyst redefines historic Lancaster City skyline
With a 12-story, soaring glass-windowed façade topped by a sophisticated rooftop bar, the new East Tower at the Lancaster Marriott at Penn Square and Lancaster County Convention Center rolls out an exquisite welcome mat to visitors of the Red Rose City’s historic district. The $39.4 million expansion and refurbishment project adds 110 guest rooms, equipped with advanced amenities, and a signature Marriott M Club Lounge. It could only be executed by a team of developers, designers and investors committed to preserving Lancaster’s quaint charm while boldly asserting its claim as a burgeoning mecca for tourism, dining and business investment.
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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
Download Summer 2019 Real Estate Matters
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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
Download Spring 2019 Real Estate Matters
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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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