The site of a former manufacturing plant in Dunmore may turn into more housing for the community.
The former BAE Systems Specialty Defense System of PA Inc. building in Dunmore recently sold for $235,000 to 530 Sherwood Development LLC.
“Our plan is to develop residential townhouses for sale at the location,” said Jerry Ferrario, who is developing the property with brother Joe Ferrario and Mike Vacendak.
PLAINS TWP., PA – Keystone Commons should be more than an idea by next February.
Construction of the twin office buildings planned for high ground in the East Mountain Corporate Center is expected to begin by the end of this year, or sooner, said Chris Siegel, chief executive office of Ruckno Construction Co.
“That will be the tentative goal,” Siegel said Monday after he and Ernie McCabe, president of Ruckno’s commercial division, visited the site along Baltimore Drive.
SCRANTON, PA – Keystone Community Resources, Inc. leased 13,000 s/f of space at 215 Hickory St. from DDRC Realty Company. The space consists of 8,000 s/f of showroom and workshop space, 3,000 s/f of warehouse space and 2,000 s/f of unfinished space.
John Cognetti, SIOR, CCIM, who represented DDRC in the lease negotiations, said that the space was a perfect fit for this particular tenant. Their need was for space for an adult day activities center for persons with mild and severe disabilities, a storage facility for equipment and supplies that would serve all their facilities and office space plus adequate parking and space for client transport. The space at one time was home to a Harley Davidson franchise and recently was a showroom and production space for vinyl products contractor.
“Seeing beyond what was there took the creative efforts fo the Keystone staff, their architect and the owners who are general contractors,” said Cognetti. The location within two blocks of an entrance/exit ramp to the Central Scranton Expressway provides convenient access to all of Lackawanna County. Also it is near Downtown Scranton and accessible to all parts of the City.
-Courtesy of Mid Atlantic Real Estate Journal
