Booming SouthEnd continues it’s growth and that means continued good news for real estate investors in the area. Construction is set to begin with the 9,000-square-foot building at 3530 Dewitt Lane off of Tryclan Drive, around the corner from Red Clay Ciderworks. The new building will include a patio and mural.
The six buildings in LoSo were purchased by Beacon Partners for almost $7.2 million, according to county property records.
The LoSo Village project will be next to Beacon’s planned 15-acre LoSo Station development that will include offices, retail, apartments and a hotel. Both developments are blocks away from the light rail’s Scaleybark Station.
Lower South End has seen major growth in recent years as developers have pushed to expand retail and residential projects to the area south of South End.
For homeowners and investors alike, all residential real estate owners will undoubtedly see the financial benefit to the continued develop down the rail line.