Ed Gruver//December 12, 2022
The Shops at Rockvale in Lancaster County look to be in for sweeping changes.
Fernmoor Homes, a family-owned developer in Jackson Township, New Jersey, plans a rebuild that will bring 416 new apartments in to the outlet property in East Lampeter Township.
According to the Fernmoor Homes site, the apartments will be part of 13 four-story buildings. The company will tear down 267,000 square feet of commercial space in the middle of the 65-acre outlet. The square footage earmarked for demolition accounts for approximately one-third of the retail shopping center.
The apartments will include outdoor resources and conveniences, including a park, pool, and clubhouse. The estimated cost of the project is reported at $100 million or more.
Fernmoor Homes has been closing on the purchase of the Shops at Rockvale since August and is expected to submit its proposal to the East Lampeter Township Board of Supervisors in January.
Prior to their being acquired in 2017 by the Wharton Realty Group, the Shops at Rockvale were known as Rockvale Outlets.
A family-owned company, Fernmoor Homes is headed by President Jeffrey Fernbach. The company site describes Fernmoor Homes as providing “innovative living choices across New Jersey and Delaware, from single-family homes, townhomes and condominiums to active adult-adult communities and luxury rentals.”
dSign up for your daily digest of Central Pa. News.
Homes sale prices up in York-Adams, but remain affordable
18/10/2021
History-making $5M donation to Millersville University to benefit business studi[...]
20/8/2021
Elizabethtown College receives $6.5 million gift, second largest in institution[...]
25/6/2021
Ollie’s looks to hire for 2,000 positions nationwide through one-day hiring ev[...]
10/6/2021
Harrisburg Esports team to open public-facing gaming center this year
10/6/2021