Office and residential portions to open before the end of summer season
Work on the commercial end of the Linden Hill Station project in Pike Creek will be finished as scheduled this May, with the residential and office amenities not far behind.
According to Joe Raniszewski of Philadelphia based MSC Retail, several new companies have joined the mixed-use venture that sits at the intersection of Limestone and New Linden Hill Roads that broke ground last May.
The seven-acre site will feature 30,000 square feet of retail and 26,000 square feet of office space, as well as 60 mixed residential units of townhomes and apartments.
Last October, Raniszewski announced that the first Chuck Lager's Kitchen and Taphouse, a microbrewery with gourmet hamburgers, had signed on as the first company on board.
Since then, the list has expanded to include 1,000 Degrees pizzeria, Café Americano, and Linden Nails and Spa.
They are also in final negotiations with a national men’s hair salon, a kitchen and bath design center, and a national bank chain.
“I can’t [reveal who they are], because [the contracts] have not been executed,” Raniszewski said. “But it should be shortly.”
Raniszewski said there were also other interested parties that he was not able to discuss in detail.
There is roughly 13,000 square feet of retail space – roughly 50 percent – remaining, Raniszewski said, adding that they would like to attract amenities like a dry cleaner.
He said some of the 28 residential apartments have been leased, but did not know how many. He added that the townhomes are the only portion not under construction.
Retail construction is due for completion in May, with office space available by August, with the residential space “sprinkled somewhere in between,” according to Raniszewski.
Officially incorporated under Linden Hill Station, LLC, the project is a joint venture being developed by Todd Bariglio and the family of the late Joseph M. Capano, and it will be self-managed on completion, Raniszewski said.
Other projects under Bariglio’s development include Rittenhouse Station in Newark and Coastal Station in Rehoboth Beach.
“The construction [at Linden Hill] went very quickly,” Raniszewski said. “I think the market is need of some more retail. And it’s a strong market, lots of residential, good incomes, and [retail] seems underserved at this point.”