Lime Spring Square is a new-construction retail development, ideally and conveniently positioned along Rohrerstown Road (Rt. 741) in Lancaster, PA., with easy access to Route 462 & Route 30. The project includes over 110,000 square feet of retail as well as over 1,100,000 square feet of offi ce, medical, industrial and residential space. Lime Spring Square is located within a mile of Route 30 (66,000 VPD) and Route 462 (20,000 VPD), which are the major thoroughfares in the West Lancaster market. The project also benefi ts from dense demographic numbers which include 64,834 households within a 5-mile radius, as well as an average household income of $72,209. The prime location of this project and its supporting demographics will bring traffi c and growth to Lime Spring Square.
Lime Spring Square is ideally situated on Rohrerstown Road approximately fi ve (5) miles west of downtown Lancaster City. Highly traveled Route 23 (Marietta Avenue) and Route 741 (Rohrerstown Road), bordering the two (2) tracts to the North and East, provide convenient access for employees, visitors or residents to the subject property. The two impacted properties, Lime Spring Farm and Outin Tract, were master planned to accommodate a complementary mix of retail, commercial, industrial and residential uses. Between the two tracts, approximately thirty-six (36) new buildings will be constructed with a total of 1,100,000 square feet of retail, restaurant, offi ce, medical and industrial uses. An additional two-hundred seventy-nine (279) new age-restricted residential units will also be developed.
Approximately 11,000,000 visitors come to the Lancaster area each year, generating a direct economic impact of $1.92 billion. The trade area is ranked 5th among the 49 DMAs in Pennsylvania. The immediate trade area has also seen a growth in population of 4.9% in the last 10 years, which is above the national average. The closest regional retail corridors to Lime Spring Square include Route 30 and Fruitville Pike. Route 30 is highlighted by The Park City Mall, which is a regional enclosed mall anchored by The Bon Ton, Boscov’s, JCPenney, Kohl’s, and Sears; other co-tenants include Apple, Michael Kors, Express, H&M and more. Fruitville Pike is highlighted by the Shoppes at Belmont, which is a high-end new construction shopping center anchored by Target and Whole Foods; co-tenants include Nordstrom Rack, PF Chang’s, Starbucks, ULTA & Dick’s Sporting Goods.