MOUNTAIN TOP — Jim Cummings, vice president of Marketing at Mericle Commercial Real Estate Services, said Monday two buildings that will be built in the Crestwood Industrial Park will be designed and constructed to be attractive to a variety of manufacturing and industrial operations.
“We do not have tenants secured at this time,” Cummings said. “Preliminary designs call for a 217,000-square-foot building and a 117,000-square-foot building, but those sizes might change as we work through our final design plans. Costs and construction timetables will be determined once we complete the final designs for the buildings.”
Cummings said the two buildings will be built on the site of the former 350,000-square-foot Poseidon Pools facility. Before that, he said the building housed Eberhard Faber Pencil Company.
Cummings said Mericle has developed buildings in 15 Northeastern Pennsylvania business parks, totaling more than 26 million square feet. He said more than 20,000 people work in those building.
Cummings added that Mericle has developed seven buildings totaling just over 1 million square feet in Crestwood Industrial Park. He said approximately 800 people work in those buildings for companies such as Mission Foods, Pepsico, XPO Logistics, Cardinal Glass and Tempur Sealy.
Cummings said Mericle has prepared preliminary design plans for the two new industrial buildings on the land that was purchased from the Greater Wyoming Valley Chamber of Commerce.
Lindsay Griffin, president/CEO at the Chamber, said she is pleased to see the property purchased by Mericle as it can now be utilized for progressive community and business growth.
“As our area continues to expand, and specifically in this case, in the strong growth of our industrial parks, this provides more property for new tenants, jobs and further economic development of our region,” Griffin said,.
“Crestwood Industrial Park has been successful because of its close proximity to I-81 and I-80, its strong utility backbone and the ability of park tenants to recruit a talented workforce,” Cummings said. “We are receiving more calls from companies that are interested in on shoring their manufacturing operations due to the supply chain challenges they have encountered during the pandemic.”
Cummings said Mericle thanked the Greater Wyoming Valley Chamber of Commerce for being good stewards of the land and restoring it to a condition suitable for development.
“Our construction schedule will be determined once final design plans have been completed,” Cummings said.