Lancaster County-based Landis Communities today announced an $8 million lofts and commercial space project in Lancaster.
The organization operates Landis Homes retirement community in Manheim Township and has been exploring options to improve its offerings. After a strategic planning process and talks with stakeholders, the company decided to develop an urban active adult living option in the city for those 55 and older, according to a news release.
The building at 118 N. Water St. will be renovated into 36 one- and two-bedroom apartments available without the normal advance fee required for senior living communities, Landis said. Apartments in the 50,000-square-foot building will range from about 700 to 1,100 square feet. It will be known as Steeple View Lofts, with construction slated to begin soon and be completed in spring of 2013, according to the release.
The first floor will be developed into retail space, the company said. Home care agency Landis At Home will locate there when the building is complete, according to the organization.
Landis Communities is leasing the building from Pittsburgh-based developer Zamagias Properties.
"We are excited about being present in downtown Lancaster," Landis President and CEO Larry Zook said in a statement. "We have made great connections and look forward to having a strong presence in Lancaster for years to come."
Editor's note: This item was modified from its previous version to update with further details.