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Community Benefits

  • The Watt & Shand Building, a beloved landmark seen as the "heart and soul" of downtown Lancaster, will be adapted and reused for many new generations to enjoy.  It is one of the key icons that define the city's architectural heritage.
  • Project construction will generate:
    • 500 construction jobs
    • $110 million in Lancaster County-produced goods and services
    • $40 million in personal income
  • Each year after opening, the project will generate:
    • 300-400 full-time jobs
    • $31 million in Lancaster County-produced goods and services
    • $11 million in personal income
  • The project will:
    • Attract 114,000 - 147,500 new guests to Lancaster County every year;
    • Produce additional business for existing hotels in Lancaster County;
    • Be the centerpiece of renewed efforts to promote Lancaster County as a regional and national destination;
    • Increase revenues for existing restaurants, retailers and attractions;
    • Foster a revitalization in the growth of new, entrepreneurial businesses;
    • Create jobs for an untapped pool of unemployed and underemployed City residents who live close to the project. These will be new employment opportunities, in the core of the downtown area, helping to spark and reinvigorate the literal heart of the City; and
    • Create a revitalized gathering place for Lancaster residents to work and to socialize while restoring a sense of civic pride and enthusiasm
 
 
 

Penn Square Partners · P.O. Box 10008
Lancaster, PA 17605-0008 · (717) 293-4403
 
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