Kinsley, Royal Square partner on $7M apartment project

The former Fox Bakery in York, seen from West Gay Avenue, is slated to become apartments. (photo/submitted)

Kinsley Properties and Royal Square Development & Construction have formed a joint venture to convert a vacant office building in downtown York into a 43-unit apartment.

  • The 38,000 square-foot building is the former Fox Bakery at 204 N. George St., not far from WellSpan Park. 
  • Construction on the $7 million project began this week and is expected to wrap up in 10 months, according to Dylan Bauer, an executive with York-based Royal Square.
  • The units will be all one-bedrooms with rents starting at around $1,095 per month.

The building: Kinsley interests have owned the property since the 1990s, according to county records.

  • A portion faces North George Street but the main entrance to the building — and its 65 parking spaces — sits off West Gay Avenue.
  • While it was erected as a bakery, the building was last used as an office. It has been vacant for at least four years, Bauer estimated.
  • The conversion project to create Fox Apartments is being financed by York-based Traditions Bank.
  • The funding mix also includes state and federal tax credits, for historic preservation, Bauer added.
  • Lancaster-based TRUE Commercial Real Estate is marketing ground-floor retail space, which could be divided into two spots, Bauer said.

The trend: Converting former offices into apartments.


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