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Former Carlisle Tire & Wheel Building Under Construction to Open High-End Apartments

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CUMBERLAND VALLEY, PA (April 6, 2016) – The former Carlisle Tire & Wheel building, located at 632 N. College St., Carlisle, is currently under full construction and is expected to open with high-end apartments as soon as August 2016.

Wheelhouse Properties, the company behind the renovations, is turning the former industrial site into 16 apartments with a modern, industrial feel. “The apartment units will be a mix of one and two bedroom and will keep the full length windows through to let in a lot of natural light. We hope to be placing tenants by the end of summer,” says Amanda Garner, partner in Wheelhouse Properties LLC. “We are also hoping to use the first floor’s 8,000 square feet to host some commercial enterprises. With all the exposed brick, large windows and our open adjacent parking lot, the first floor offers tons of potential for all kinds of prospective tenants.”

Wheelhouse Properties is currently looking for tenants for the 8,000 square foot first floor and can customize the space and build it out for specific uses. Initial thoughts for the first floor include a restaurant, brewery, retail or events space, but the owners remain open to any ideas. With the built-in customer base from the apartments and the future customer base that will be at the IAC Property across the street, whoever does fill the space will be in an exciting and growing part of Carlisle.

“We are so excited to be part of the current Carlisle revitalization efforts. This is a great community and the Creative Building Concepts and Wheelhouse Properties team is committed to contributing their skills to keep it great,” says Garner. “We look at the Hollinger building on College and B Streets as an opportunity to take the old industrial beauty left behind by the closed factory and turn it into classy modern industrial living spaces that will be the talk of the town.”

Cumberland Area Economic Development Corporation (CAEDC) assisted Wheelhouse Properties with the renovations through a $158,000 loan through the Cumberland Revolving Energy Loan Fund (CRELF), with senior financing provided by Peoples Bank.

CRELF is a CAEDC administered loan program that was developed to assist Cumberland County in becoming one of the alternative and renewable energy leaders in the United States. Wheelhouse Properties qualified for the CRELF due to retrofitting the existing property with energy efficient equipment and upgrades.

“Assisting with redevelopment and reuse projects is a vital part of our Strategic Economic Development Plan for Cumberland County,” said Jonathan Bowser, CAEDC CEO. “The apartments, and available retail space, will be a great fit for the Carlisle area especially those attending our surrounding higher education institutions including Dickinson College, the Penn State Dickinson School of Law and the U.S. Army War College.”

About CAEDC
CAEDC is Cumberland County’s authorized agency charged with leveraging and promoting Cumberland Valley’s economic development and tourism assets to drive growth, create jobs and improve the quality of life. Offices are located at 53 W. South Street, Carlisle PA. For more information, visit www.cumberlandbusiness.com and www.visitcumberlandvalley.com.

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