6C — June 28 - July 11, 2013 — Shopping Centers — Mid Atlantic Real Estate Journal
www.marejournal.com
p roJeCt oF the M onth 33,000 s/f retail center, located in at Hill Ave. & Park Rd. in wyomissing, PA under development the Promenade at wyomissing Square announces prime retail availability
W
YOMISSING, PA — P r ome n a d e Square, LLC i s
pleased to present prime re- tail space available for lease at The Promenade at Wyo- missing Square, a 33,000 s/f specialty retail center located in at Hill Ave. & Park Rd. in Wyomissing, just a block north of Penn Ave. across from the VF Outlet Village. The project is currently under development and is scheduled to open in Fall 2013. Avail- able space ranges from 800 s/f – 12,000 s/f with a base module of 1,860 s/f and 20ft of frontage. Aggressive Leasing Campaign With the economic recovery in full swing and the first three phases of the Wyo- missing Square project fully developed and stabilized - Promenade Square, LLC is launching an aggressive leas- ing campaign to develop the retail component and fill The Promenade with a targeted tenant mix that will consist of local, regional and national brands. It will be anchored by high quality food & beverage ven- ues.Anew 5,300 s/f fine dining establishment with outdoor seating for 48 will join the existing restaurant anchor Viva Bistro & Tapas Lounge to bookend the site. The ten- ant lineup will likely include tenants in the following retail categories: gym/fitness center, massage/spa, coffee /bakery/ café, specialty grocer, frozen yogurt, fast casual dining. John Connors , master de- veloper of Wyomissing Square and principal of Promenade Square, LLC explains, “It is our aspiration to bring an exceptional retail experience to this landmark development and create a town center like environment with an elegant public gathering space that allows for the integration of the people, the place, and the larger community.” Promenade features: Elegant Public Gathering Space The retail shops & restau- rants will be organized along an 11,000 s/f outdoor “prom- enade” that will be the defin- ing element of the project. The Promenade is designed to be the ceremonial “front door” of Wyomissing Square, providing an elegant public gathering space and creating
Bistro & tapas Lounge was remodeled and reposi- tioned during this phase as well and currently occupies the 13,000+ s/f endcap space nearest Park Rd. 100 Park, Berks County’s premier apartment communi- ty is 96% leased with 282 full- time residents. the Court- yard hotel– Berks County’s first Marriott has raised the
adaptive reuse of an aban- doned industrial building into a thriving mixed-use center with a 248-unit luxury apartment complex known as 100 Park and a 135-room Courtyard Hotel by Marriott. In addition, a separate 60,000 s/f office build was renovated and rebranded as Berkshire Professional Center . An existing restaurant - Viva
bar in the local hospitality community and fast became the market leader in rate and occupancy. The Berkshire Pro- fessional Center is 90% leased to the Reading Hospital at Wyomissing for administra- tive offices. And Viva Bistro & Tapas Lounge is a regular Best of Berks recipient draw- ing more than 3,500 patrons per week. n
the perfect context for what will be Berks County’s most upscale shopping & dining destination. High Quality Design & Building Materials Custom milled Douglas fir wood storefronts are being provided for all retail spaces and customwood canopies will be installed over all window bays. Wood frame and fabric awnings will be installed over all double door storefront entries. Awning fabric will include signage for individual tenants and building mounted awning lighting. Central town Center Location The Promenade is conve- niently located at the door- step of Berks County’s larg- est employment hub and its most affluent residential neighborhoods. It’s the first new retail center developed in such a prime location since the1970s. The Promenade is the final component of a larger mixed- use brownfield development project that began back in 2007 and transformed a for- merly underutilized 13-acre brownfield infill site with an wyomissing Square Mixed-Use Center
www.promenadeatwyomissingsquare.com
FOR LEASING INFORMATION CONTACT: Greg Heflin 215-592-8905 gheflin@brickstoneco.om John Conners 215-972-1550 jjconners@brickstonco.com
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