Printer Friendly

Cargas looking ahead to Lancaster move.

Byline: Ioannis Pashakis

"Just being downtown in the heart of a very vibrant city and all of the things going along with that, you are right in the thick of the action," said Nate Scott, president and CEO of Cargas.

And the opportunity to become the anchor tenant at the former Bulova building was attractive, Scott said. It is also the second time the company has been involved in a city renovation project.

Cargas moved in 2010 to its current headquarters at 1310 Marshall Ave. in Lancaster as a part of the city's revitalization of the Lancaster Stockyards.

But the firm's staff is growing and it needed more space. Cargas has 122 employees, up from 57 in 2015.

As space became tighter at its headquarters, Cargas moved its sales and marketing team to a leased space at the intersection of Lemon and North Prince streets in the city. Soon after, Scott said, company leadership decided the business' next headquarters should follow suit.

"We came to the conclusion that with the pace we were on, that we would probably not be able to handle the team size in the current spaces that we had," Scott said.

Scott said the new space will be designed to accommodate the many ways Cargas employees work. Some spaces will be smaller "huddle rooms" planned to act as quiet spaces for one or two people while other large rooms are planned to allow for large team meetings.

"We are trying to really keep in mind the ways we work together," Scott said.

Read more:

As longtime director steps down, Lancaster eyes new path for economic development As makeover nears, new names floated for Lancaster Square Cargas names new CEO

Randy S. Patterson, director of economic development and neighborhood revitalization for the city, said that the business software and consulting company's early commitment to the space was a win for the city.

"Moves such as Cargas' will provide quality job opportunities for city residents and increase the economic support for the city's retail and restaurant businesses," Patterson said. "It is exciting to see the number of companies that have chosen Lancaster to be the site of their corporate headquarters and have chosen to grow their companies in the city."

Developer Zamagias Properties, of Pittsburgh, bought the Bulova building on 101 North Queen St. in 2016. The building has been empty for eight years.

The developer is currently renovating nearly 150,000 square feet of the space and has announced that the first floor will house 14 tenants, including: AM Luxe apparel, a Starbucks coffee shop, Domaci furniture, Free Press men's streetwear, Home Base co-working space, Casa Carlo Italian market and Skin Body & Wellness spa.

Cargas is slated to occupy 33,000 square feet of the building's third floor, which Scott estimates will give the business room to comfortably hold 250 employees. Relocating to downtown Lancaster is also expected to help Cargas recruit further employees and to focus on diverse hiring.

Cargas has not yet announced the cost for the move, and is still finalizing designs for the office. The company had revenue of about $17.06 million in 2017, according to Business Journal records.View the full article from the Central Penn Business Journal at Copyright 2018 BridgeTower Media. All Rights Reserved.

Copyright {c} 2018 BridgeTower Media. All Rights Reserved.
COPYRIGHT 2018 BridgeTower Media Holding Company, LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2018 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Central Penn Business Journal
Date:Dec 18, 2018
Previous Article:Auditor general State improving oversight of job-creation funds.
Next Article:CAREL Industries to expand Lancaster County plant.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters