HARRISBURG, Pa. – Today Garden Spot Communities, New Holland, Pennsylvania, announced a joint venture with Harristown Enterprises and Select Capital Commercial Properties (SCCP) to convert the historic early 1900s eight-story, 50,000 square feet former office tower at 112 Market Street into 39 independent living apartments. The community will be called The Exchange.
The project will include a mix of one- and two-bedroom apartments designed for Active Adults ages 55+. Construction began in early June and will take about one year to complete. Garden Spot Communities will master lease the entire building and will oversee leasing the apartments to future tenants.
Many of the apartments will have spectacular views of the Susquehanna River and the complex will offer amenities for residents including storage units, a pet washing area, community gathering spaces and meeting rooms.
The total project cost, including acquisition, is about $10 million. AP Williams is serving as general contractor and By Design as architect. Mid-Penn Bank will provide financing for the project.
“This is a spectacular location near the Riverfront for this unique project and we look forward to showcasing this wonderful new apartment complex with our partners at Garden Spot to highlight the many assets of living in downtown Harrisburg,” said Brad Jones, President and CEO of Harristown.Garden
Spot Communities CEO Steve Lindsey says, “We are excited to expand our mission to create vibrant community for purposeful living into Harrisburg and are honored to partner with Harristown Enterprises and Select Capital Commercial Properties to make this vision a reality.”
About Garden Spot Communities
Garden Spot Communities is an active and dynamic lifestyle services provider based in Lancaster County, Pennsylvania, dedicated to cultivating vibrant community for purposeful living. Founded in faith in 1990, Garden Spot Communities offers a range of living options and services across Lancaster and Montgomery Counties. Garden Spot Communities employs more than 800 team members across three communities.
About Harristown Enterprises, Inc.
Harristown has been a catalyst for Harrisburg’s transformation since its establishment. It has been involved with redevelopment projects worth over $500 million over the past 50-plus years, contributing to the city’s economic and cultural evolution. With a commitment to community development, Harristown has also contributed over $230 million in real estate taxes and currently oversees more than 2.5 million square feet of property in downtown Harrisburg. Harristown Development Corporation, the parent company of Harristown Enterprises, celebrated its 50th anniversary in 2024.
About Select Capital Commercial Properties
Select Capital Commercial Properties (SCCP) is a commercial real estate investment and management firm based in Mechanicsburg. It has been in business for over 30 years and owns and manages a portfolio of over 1 million square feet of office and light industrial space in the greater Harrisburg area. SCCP’s in-house capabilities span the entire real estate life cycle including acquisition, development, construction, facilities management and asset management.