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Core Enterprises Breaks Ground on Second Phase of Multifamily Real Estate Complex in York County, PA

Core Enterprises Breaks Ground on Second Phase of Multifamily Real Estate Complex in York County, PA

June 07, 2020 128 Views

Core Enterprises, the in-house real estate services division of Larken Associates, has broken ground on The Enclave at Copper Chase, a brand-new construction project located on the site of The Reserve at Copper Chase at 3145 Honey Run Drive in York, PA. The Enclave at Copper Chase will be made up of 107 residential units and a brand-new clubhouse with a state of the art fitness center. As an additional component of the second phase of construction, Core Enterprises will also be renovating the existing on-site pool and lounge as well as replacing roofing and making general exterior repairs to the 132 residential apartments in The Reserve at Copper Chase community.

Acquired by Larken Associates in 2019, The Reserve at Copper Chase is a 132-unit multifamily complex spread across nearly 30 acres located just outside of downtown York, PA. With the construction of The Enclave at Copper Chase, Core Enterprises will enhance the existing community through the addition of 107 garage-style apartments ranging from one to three-bedroom apartments that include private entrances and modern fixtures. The new clubhouse and gym will include a wraparound covered porch, kitchen, pet salon, parcel concierge, an entertainment and game room with a fireplace, as well as a state of the art fitness center.

“When we acquired The Reserve at Copper Chase last year, we knew that it posed a tremendous value-add opportunity,” said David Gardner, President and Chief Executive Officer of Larken Associates. “We are confident that the successful execution of our Phase II plans will allow us to unlock the inherent value in this property while enhancing the complex for the tenants who call it home. Paired with our unique hands-on management strategy, we look forward to creating one of York County’s premier residential communities.”

The project marks the latest expansion of Larken Associates’ York County portfolio. Recently, the company acquired The View at Mackenzi, a 224-unit apartment rental community located at 2035 Patriot Street in York, PA. With the completion of The Enclave at Copper Chase, Core Enterprises will have nearly 500 units under management in York County alone.

Additionally, the properties are integral pieces of the firm’s rapidly growing Larken Living portfolio which is comprised of 22 unique communities made up of approximately 2,000 owned and/or managed residential units across the northeast. Throughout the Larken Living portfolio, Core Enterprises leverages their time-tested residential development experience and hands-on management style to create top-of-the-line residential communities in a wide variety of markets.

About Core Enterprises

A subsidiary of Larken Associates, Core Enterprises provides high-level expertise in all aspects of construction and unparalleled mastery in commercial and residential building and design, land and property development, property management and maintenance solutions. Core Enterprises’ experience spans office space, medical, lab and educational facilities, commercial specialties, retail centers and industrial and residential complexes. Led by a highly trained team, Core Enterprises develops and delivers a wide range of residential and commercial projects on time and on budget. To learn more about Larken Associates, please visit us at https://www.larkenassociates.com/ and follow us on LinkedIn, Facebook, Twitter, and Instagram.