“The partnership between Wilkes University and D&D Realty leverages the substantial investments made by both entities in this quadrant of downtown, connecting the dots in a way that will accelerate the second block’s revival. by Diamond City Partnership will further beautify the outdoor area. A college-themed mural being planned at 113 South Main St. With a goal of creating a safe, attractive and walkable space, possible uses include outdoor seating, dining or study space with new pavers, landscaping and lighting. Officials also shared their inspiration for Grant Alley, the sidewalk and lane bordering 116 South Main St. Inspirations for enhancements at Grant Alley. Plans are still taking form but will encompass a use that aligns with Wilkes University’s educational mission. The second phase and more long-range plan for the property includes a mixed-use first floor that blends academic experiences and student life with private businesses or retail opportunities that ultimately enhance the student experience. “I am confident that the project will have a positive economic impact and inspire restoration and reuse of other buildings throughout the city.” It is another example of a successful public-private partnership in Wilkes-Barre, which will continue the revitalization of the city,” said Wilkes-Barre Mayor George Brown. “I am enthusiastic about Wilkes University’s plans for the first phase of enhancements at 116 South Main St. “Further residential development will only bolster our thriving apartment portfolio in downtown Wilkes-Barre, and this partnership with Wilkes University provides us with an outstanding opportunity to continue this collective success. By connecting the Wilkes campus to our existing investments in the Northampton Street corridor, the project will dramatically improve the aesthetics of the neighborhood and add quality housing options in the downtown,” said Nick Dye, partner of D&D. “The demand exists and it benefits us all to invite more residents into downtown Wilkes-Barre,” Cant concluded. Of the 133 apartments that D&D has developed in downtown Wilkes-Barre, there is 100 percent occupancy. Wilkes chose to partner with D&D because of their proven track record of success in residential property development throughout the region. “As one of the larger buildings in downtown, and one that is so close to our campus, 116 fits perfectly into a core element of our mission which is to aid and inspire economic and community development and be collaborative neighbors by identifying opportunities that help achieve our collective goals,” said Wilkes President Greg Cant. Work will begin immediately and is expected to conclude by fall 2023. In addition to interior enhancements, the project will modernize and beautify the façade of the building with an abundance of glass windows. D&D anticipates investing approximately $5.5 million to create 36 one-, two-, and three-bedroom units ranging from 675 to 1,300 square feet of space. University and community officials shared project details on Tuesday, Nov. In the immediate phase, Wilkes-Barre-based D&D Realty Group has leased the second, third and fourth floors from Wilkes to develop high-end apartments for working professionals. Wilkes University announced a multiphase project to create a residential, student and community destination at a long-standing property in downtown Wilkes-Barre.įormerly known as South Main Towers, University officials outlined the first phase of enhancements at 116 South Main St.
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