PennHouse Commons, Lewisburg, Pennsylvania

Background

• Closing of Pennsylvania House (LA Z Boy) furniture plant eliminated over 400 jobs and created an industrial blight in the downtown core
• 640,000 square feet of existing buildings on 42 acres
• Gateway to downtown Lewisburg
• Regional ‘rails to trails’ system is adjacent to the property
• Adjacent to St. Mary’s Park, a successful regional destination and within walking distance from the Lewisburg Business District and Bucknell University, a top tier ENGINEERING AND liberal arts university

Development Program

• Project will foster strong economic improvements in the area, creating new jobs, services and an attractive gateway to the Lewisburg community
• Concept plan for a mixed-use community with a 15-acre park, 200 residential units and over 250,000 square feet of commercial space
• Retail component to be anchored by grocer and drugstore, along with a mix of in-line stores and restaurants
  

Project Highlights

• Market studies and planning indicate excellent potential and community support for a master-planned community
• Public funding secured to assist with EXTENSIVE ON AND OFF SITE IMPROVEMENTS
• Residential portion of the project will be served by the Lewisburg School District and is benefited by a network of hospitals and medical centers
• Project will be a catalyst for regional growth and remove an eyesore from the community
  
  

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