TOWER INVESTMENTS TO BREAK GROUND ON 100,000-SF RETAIL PROJECT

PHILADELPHIA — Weather permitting, Tower Investments will break ground Tuesday on the 100,000-square-foot Shops at Schmidts at the intersection of 2nd Street and Girard Avenue in Philadelphia. Centered around a 50,000-square-foot Pathmark supermarket, the property is an anchor for Liberties Walk and The Piazza at Schmidts, two of Tower's other developments. Shops at Schmidts is slated for a completion late this year. Tower is also planning to break ground on The Residences at Schmidts, a 600-unit multifamily complex.