ALLENTOWN, PA-Chinese American Buffet has signed a lease for a 6,000-sf restaurant at Allentown Shopping Plaza, a 71,873-sf neighborhood shopping center at 1302 Hanover Ave. Hillsborough, NJ-based Larken Associates acquired the center this March and is in the process of redeveloping it into a complex of five freestanding buildings.

The redevelopment includes partial demolition and construction of four new buildings. A 7,500-sf Family Dollar store remains. The exterior façade of the existing buildings is being updated to include brick veneer, and a covered walkway is being added. According to public records, Larken paid $3.9 million for the property, as previously reported. It was built in 1986 and is located on 6.5 acres at the intersection of Hanover Ave. and N. Maxwell St.

Victor Kelly, a Larken principal and VP of Raider Realty, which is the exclusive leasing agent, says one building will have a drive-through space for a bank or pharmacy. He says additional prospects are a dry cleaner, laundromat, hair and nail salon and more restaurants and also says the complex can accommodate professional office and medical space users.

Robert Marek, also a Raider VP, says in a statement, “The addition of Chinese American Buffet signifies (the center) has begun its transformation into a pedestrian-friendly destination that will fully serve the shopping and entertainment needs of this community.” The rental rate and aggregate capital investment are undisclosed.

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