Please ensure Javascript is enabled for purposes of website accessibility

Time for the next restaurant wave downtown

International investors are targeting downtown Harrisburg in what could be the next wave of unique dining establishments in the capital city.

Bo Mangam of Landmark Commercial Realty has convinced a group of European investors to not only buy Ceoltas Irish Pub along North Second Street, but also consider buying The Quarter, which sits vacant on the opposite side of the street.

“The same buyers are in the process of purchasing The Quarter,” she said, referring to VMV Restaurant LLC, based in New York.

The former four-level restaurant complex is listed at $825,000, including the liquor license.

“Why Harrisburg? There is a lot of value compared to other cities,” she said. “Local customers like unique establishments, and if they build it, they will come. If a new restaurant or bar is unique, has good food, good atmosphere, people will explore and come back if they like what they see.”

The Quarter’s property is under contract. Nik Sgagias of NAI CIR is the listing agent.

Mangam said her investors see commitment and excitement to improve Harrisburg, which has faced sizable financial struggles. The city sold its debt-laden incinerator and leased its parking system at the end of 2013 as part of a debt-recovery plan.

Reviving these properties can only be a good thing for the downtown, which undergoes circle of life changes with respect to restaurant and bar concepts every few years.

I think it’s great to see at a time when there does seem to be more downtown momentum with larger offices leasing up and a steady trickle of mixed-use redevelopment projects.

I’m thankful for new downtown projects and investors to write about this year. Happy Thanksgiving.

Business Events

Reader Rankings Awards

Monday, August 08, 2022
Reader Rankings Awards

Health Care Summit

Tuesday, August 16, 2022
Health Care Summit

Fastest Growing Companies

Monday, September 12, 2022
Fastest Growing Companies