LANCASTER, Pa., Aug. 08, 2018 (GLOBE NEWSWIRE) -- Marking a major milestone in a project that redefines the skyline of the city, High Real Estate Group LLC hosted a topping off ceremony at the East Tower expansion of the Lancaster Marriott at Penn Square. A High Construction Company crane hoisted a symbolic final beam to the top of the 148-foot tower, capping a ceremony attended by more than 100 staff, community members, elected officials, and onlookers.

The topping off represents the completion of the structural phase of the 87,000-square-foot building. The East Tower, with 12 new floors, a completely renovated first-floor restaurant and a rooftop bar, will add 110 rooms to bring the total Lancaster Marriott rooms to 416. The tower is slated to open in spring 2019.(Link to media kit including renderings and infographic: https://bit.ly/2M64fdy )

Painted white, the 10-foot topping-off beam bears the signatures of Mark Fitzgerald, President and COO of High Real Estate Group, Danene Sorace, Mayor of the City of Lancaster, and other community leaders who played significant roles bringing the project to life.

“The East Tower will fulfill a crucial role in attracting more large events to the Lancaster County Convention Center,” said Fitzgerald. “The Convention Center has proved itself to be an economic engine and a catalyst for growth and investment in Lancaster. We’re delighted to be able to help this important community asset realize its full potential.”

A new, 6,500-square-foot restaurant and bar will occupy the first floor. A rooftop bar with a sidewalk entrance and a signature Marriott M Club will also be part of the East Tower. Cooper Carry Inc. of Atlanta designed the East Tower and High Construction Company is erecting it. The Redevelopment Authority of the City of Lancaster owns the building.

About High Real Estate Group LLC

High Real Estate Group is a full-service real estate organization providing expertise in development, brokerage, architecture, construction, and investments, and holds real estate assets with an estimated market value of approximately $1 billion. Through its affiliate, High Associates Ltd., High also offers a full complement of real estate services including asset and property management, development services, appraisal services, grounds and property maintenance, strategic planning, and consulting. The company manages more than 9 million square feet of office, industrial, multi-family, hotel, and retail properties throughout the eastern United States. High Real Estate Group is family-owned and based in Greenfield Corporate Center, East Lampeter Township, Lancaster, Pa. More information is available at www.HighRealEstateGroup.com or 1-800-638-4414.

About Penn Square Partners

Penn Square Partners consists of general partners Penn Square General Corp., a High Real Estate Group LLC affiliate, and Penn Square Ltd. LLC, an affiliate of Lancaster Newspapers Inc.

About ownership and operation of the integrated facility

The Lancaster Marriott at Penn Square is owned by the Redevelopment Authority of the City of Lancaster and leased to Penn Square Partners, the private company that holds the Marriott franchise. The Lancaster County Convention Center is a publicly-owned entity under the direction of the Lancaster County Convention Center Authority.

Interstate Hotels & Resorts, which operates the Lancaster County Convention Center and Lancaster Marriott at Penn Square, is the nation’s largest independent hotel management company. For more information about Interstate Hotels & Resorts, visit the company’s Web site at www.ihrco.com.

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Attachments

-- Topping Off Ceremony for Lancaster Marriott East Tower Expansion -- High Real Estate Group President and COO Mark Fitzgerald at Topping Off Ceremony for East Tower of Lancaster Marriott at Penn Square (2)

Dave Nicholas High Company LLC (717)293-4545 dnicholas@high.net