Thursday, April 2, 2015

Construction starts on $140M Hamilton Crossings



 
Construction is underway on Hamilton Crossings, a colossal $140 million upscale open-air shopping center in Lower Macungie Township. The work marks the first significant physical step in a project five years in the making.

Developers Jeremy Fogel of the Goldenberg Group in Blue Bell and Tim Harrison of TCH Development of Staten Island, N.Y., made the announcement Tuesday afternoon. The site is between Hamilton Boulevard and the Route 222 bypass at Krocks Road.


The 565,000-square-foot site of two abandoned mines will give way to the Lehigh Valley’s first Whole Foods and other big-box tenants such as Costco, Dick’s Sporting Goods and Target, plus dozens of retailers such as Nordstrom Rack, Old Navy, Rally House, Five Below, Designer Shoe Warehouse, Pier 1 Imports and ULTA Cosmetics. The complex should open for business in July 2016.

While all retail spaces are spoken for, these are the only retailers the developers are permitted to disclose, Tim Harrison, principal of TCH Development, said this morning.

The project will bring 495 construction jobs and, after the center opens, 619 full-time jobs and about 300 part-time jobs, he said.

“We are doing environmental remediation on a couple of structures and we are about to start remediation of mine wash,” Harrison said.

The mine wash is a highly saturated material with no structural strength, so it needs to be removed and replaced with clean fill, he said.

To address flooding conditions, the developers will use a regional storm water detention facility.

The Goldenberg Group is handling construction management, while James D. Morrissey Inc. of Philadelphia is the site work contractor, he added.

“We are adding capacity to various roadways around the site,” Harrison said.

Roadway improvements include the installation of seven adaptive traffic lights that offer a varied amount of green-light time depending on the amount of traffic, he said. The lights are designed to optimize traffic flow based on real time video.

With 2½ miles of walking and biking trails, all connected to the township’s trail system, the center will include enhanced landscaping. Harrison said the developers will work with the township’s historical society to create storyboards along the trails that illustrate the history of the site for visitors. The site will connect to the historical log cabin site on the adjacent Wescosville Park.

Several stakeholders proved integral to moving the project forward, including state government representatives and agencies such as the Department of Community and Economic Development, Pennsylvania Department of Transportation, Commonwealth Finance Agency and Pennsylvania Infrastructure Bank.

Several banks financed the project, including M&T Bank as the lead bank, along with Susquehanna Bank, National Penn Bank and Beneficial Bank.

Harrison said he is grateful for the project’s support from the township and various stakeholders.

“It’s been a real textbook case of an effective public/private partnership and extremely collaborative,” he said. “I think we feel a very strong sense of responsibility to execute the project during the construction phase. It’s a uniquely great retail location and a great community.”

Source: LVB

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