Uptown Ramblings


Friday, July 6, 2007

Wyeth development and the downtown

While it still remains to be seen what will eventually go at the Wyeth property, the developer who has an agreement of sale for the 32-acre parcel of land in the borough, the Pennsylvania Real Estate Investment Trust (PREIT), said they would like to put retail and restaurants at the property, along with office space, 900 residential units and possibly a minor league baseball stadium.

When they discussed the plans at Borough Hall last month, realtor Stan Zukin and the owner of Kaptain K's Ice Cream on Gay Street raised concerns about the impact retail and restaurants at the Wyeth property could have on the downtown.
Similar concerns were raised by Mayor Dick Yoder and developer Eli Kahn when I talked to them for other stories last month.

Because I'm curious what retailers think, I'm going to go around town today and talk to them about this issue for a follow-up story on the Wyeth plans.

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