The Yards
Building on the tremendous growth in the City and the success of Parcel B’s recently completed Stadium Row apartments, The Yards continues our vision to create modern apartment living in walkable locations with robust urban amenities. The Yards is located at one of the City’s premier northern gateways and just across the tracks from the bustling Lancaster Amtrak station laying the foundation for a real mixed-use center complete with modern residential living all within walking distance to multiple transit options and neighborhood amenities including a large community park. While keeping some of its iconic past with the planned preservation and transformation of the historic Stockyard Inn into a unique clubhouse for residents to enjoy, The Yards will also make a fresh architectural statement as you enter the City.
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The project will consist of 226 apartments and will include a variety of housing types from studios to 2-bedroom plus den units. We are proposing two new five-story buildings with covered parking on parts of first floor and residential above. We are actively seeking special funding sources to make up to 20% or 45 of the units affordable to households earning 60% of the Area Median Income. We are also planning for about 12,000 square feet of commercial retail or office space on the first floor along Marshall Ave. This space will complement the apartments and offer tremendous visibility for the commercial tenant. Built on the site of a historic Stockyard Inn Restaurant site, the project will preserve a historic building to repurpose as a community space and link between the past and present.
Project Details
- Anticipated Completion: TBD
- Location: 1147 Lititz Pike, Lancaster, PA
- Apartments: 226
- Commercial Space: 12,000 sq ft
- Est. Development Costs: $59M
- Land Planning: RGS Associates, Inc.
- Architect: Douglas Charles Phillips Architect, LLC
- Construction Manager: Pelger Engineering & Construction, Inc.
- Property Management: Boyd Wilson, LLC
