PHILADELPHIA — Metro Development Co. (MDC) has unveiled plans for the redevelopment of the former Tasty Baking Co. site in Philadelphia's Hunting Park West neighborhood. Plans for the 20-acre site, which housed Tasty Baking's corporate headquarters and production facility, call for a 145,000- to 170,000-square-foot shopping center. The $30 million first phase would include a grocery-anchored strip center with pad sites. The second phase would include a bog-box retail anchor and small-space shops. MDC is currently developing a site plan and drafting preliminary land development documents, but construction could begin as early as this fall, with Phase I completion coming as early as the fourth quarter of 2011. US Realty Associates is handling leasing for the project.
A concept drawing of MDC's proposed shopping center.
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