Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

MDG Current Projects


Published on

Published in: Travel, Business
  • Be the first to comment

  • Be the first to like this

MDG Current Projects

  1. 1. Milestone Development GroupMixed-Use Development, Grantville, Pennsylvania E C B A D Key Statistics Purchased approximate 69-acre vacant parcel from local farming family in September 2004 across Station Road from Milestone Hotel Partners’ existing Holiday Inn Harrisburg-Hershey Hotel; Purchased Texaco Gas Station and approximate 3-acre parcel from independent owner/operator in October 2005; Redevelopment of 72-acre parcel to include: A. 59-room Focused Service Hotel (land sale); B. branded restaurants ranging in size from 5,000 to 10,000 square feet (land sales); C. 4,000 square foot gasoline “super station” and convenience store (build-to-suit/lease); D. 2,500 square foot branded bank (land sale); E. Up to 120 single family and/or townhouse units (to be built and marketed by MDG); and more than 500 parking spaces. 1
  2. 2. Milestone Development GroupMixed-Use Development, LaGrange, Kentucky E D A C B Key Statistics Purchased existing Days Inn Hotel and approximate 10-acre parcel from Milestone Hotel Partners in July 2006; Purchased existing BP Gas Station and approximate 2-acre parcel from independent owner/operator in November 2005; Preservation of approximate 3-acre parcel located in environmentally protected zone; Redevelopment of 12-acre parcel to include: A. 14,550 square foot Walgreens (build-to-suit/lease); B. 4,500 square foot Commonwealth Bank (land sale); C. 96-room Focused Service Hotel (land sale); D. 5,000 square foot nationally branded restaurant (land sale); E. 10,000 square foot, 2-story office building (build-to-suit/lease); and 337 parking spaces; Successful negotiation of Land Subdivision and Declaration of Easements, Covenants, Conditions and Restrictions among the various tenants of the condominium parcel. 2
  3. 3. Milestone Development GroupMixed-Use Development, Gatlinburg, Tennessee Key Statistics Negotiated purchase of approximate 5-acre vacant parcel in May 2006 in thriving arts & crafts district in Gatlinburg; B Development to include: A. 150-unit Extended Stay Hotel (to be built by MDG A and operated by MHM); B. Up to 12 townhouse units (to be built and marketed C by MDG); C. 10,000 square foot catering and banqueting facility (build and operate); and 155 parking spaces; 3