In a two-part series, the York Daily Record examines the success of Lancaster's downtown makeover and how York might replicate it.
John Thiry, a commercial real estate agent with NAI Commercial Partners, said it used to be nearly impossible to persuade companies to want to build in Lancaster. "I couldn't drag people here," he said.Original source: York Daily RecordRead the full story here.
Today, office space occupancy rates are in the high 80s, and the city's downtown is a hot spot for "flippers," real estate buyers who pick up properties, renovate them and sell them at a profit.
Perhaps the city's most dramatic property turn-around culminated in 2009: the Watt & Shand department store building reopened as the Lancaster County Convention Center and Marriott Hotel, a lavish 90,000- square-foot hotel with a cavernous lobby, restaurant and spa.