New York City — RD Management LLC, one of the nation’s largest privately held real estate development and management organizations, has commenced construction on The Home Depot at Macungie Crossing, a new community shopping center anticipated to encompass 182,000 square feet of retail and restaurant space in Trexlertown, Pa. The new 136,000-square-foot location featuring a garden center is slated to open in summer 2023.
“The Home Depot opening at Macungie Crossing is a great win for local community members needing a close, convenient option for their home improvement and construction projects,” says Richard Birdoff, principal and president of RD Management. “It’s also an important sign of what’s to come at the center as we work diligently to bring additional opportunities for retailers and restaurants to join the market.”
Macungie Crossing is located in Lehigh County less than 1 mile from Hamilton Crossings, home to Costco, Target and Whole Foods, and is also in close proximity to Walmart Supercenter off Mill Creek Road. Future retail, restaurant and fast-food opportunities at the center range from 3,000 to 20,000 square feet.
RD Management owns and operates a portfolio of 150+ assets throughout the United States and Puerto Rico, with properties spanning the mixed-use, retail, office, residential, hospitality, self-storage, senior/student housing, industrial and government sectors. RD Management specializes in development, redevelopment and acquisitions in key markets and maintains in-house expertise in leasing, property management, construction, accounting and finance, legal and IT services. RD Management has a proven track record of enhancing the value of its properties through hands-on management, renovation and expansion. For more information, visit www.rdmanagement.com.
SOURCE: RD Management