Three members of the rock band Live and a Nazareth real estate developer are looking to revitalize a building in Lancaster city.

The partnership recently launched major projects in Reading and York, to be anchored by an unidentified technology company.

This technology firm also would be the key occupant of the Lancaster site, developer Bill Hynes said.

"It's a really good triangle — Reading, York and Lancaster," he said.

Hynes said the odds of the Lancaster project going forward are "pretty good."

"We've identified a few buildings. Right now, we're doing our due diligence on them," Hynes said.

He declined to identify the sites under consideration.

If the project becomes a reality, it would represent an investment of $10 million to $15 million to buy, renovate and equip the building, Hynes said.

The technology firm would create 45 to 65 jobs here, he estimated.

Hynes said the partnership is looking at investing in a second Lancaster city building, too.

That venture would be unrelated to the tech-firm project.

Hynes said the urban projects in Reading, York and Lancaster reflect the desire of he and his partners to revitalize cities in the region where the musicians grew up.

"Obviously, Lancaster's inner city is doing pretty darn well, but that's not to say we can't add to it," Hynes said.

Even without a real-estate project here, the partnership — Think Loud Development — has substantial ties to Lancaster.

Its headquarters is on North Queen Street, though Hynes asked that the specific address not be published.

And one of his musician partners, Live guitarist Chad Taylor, is a Lancaster resident.

The other partners are Live drummer Chad Gracey of Orange County, Calif., and its bassist, Patrick Dahlheimer of York.

Think Loud surfaced in Reading in November, when the partnership unveiled plans for a $40 million mixed-use complex.

The site is the former Reading Outlet Center's Building No. 1, a 320,000-square-foot structure Think Loud bought for $1 million.

Think Loud intends to create 150 market-rate apartments there, plus offices and parking.

The office portion will include 50,000 square feet for the unidentified technology company, which will create 70 to 80 jobs there.

In late January, Think Loud agreed to buy vacant Building No. 2 of the outlet complex for $600,000.

Think Loud expects to raze the structure and construct retail and office space.

Also last month, Think Loud purchased a York building for $164,000.

Like the Reading venture, the $10 million York project will convert an empty industrial building into a mix of uses.

Think Loud plans to convert four-fifths of the 47,000-square-foot building for the technology company, creating another 90 to 100 jobs.

The balance will become a recording studio for Live and other bands to use.

Hynes met the musicians "four or five years ago," when he was working on a film project and needed a company to help.

Hynes was referred to Aurora Creative Group — a producer of feature films, music and corporate videos, commercials and advertising.

The owners of Lancaster-based Aurora include Gracey and Taylor.

"I just felt a really good connection," said Hynes. "The karma was great."

And as Think Loud is linked to Lancaster, so is Live, although the band got its start in York.

Taylor, Gracey, Dahlheimer and frontman Ed Kowalczyk grew up in York.

They first played together at a middle school talent show.

Several years and band names later, the quartet settled on the name Live in 1991.

The Chameleon club in downtown Lancaster was a frequent venue for the up-and-coming group.

The band grew famous in the 1990s, recording top-selling albums, most notably "Throwing Copper" and "Secret Samadhi," and touring worldwide.

In 1996, the band bought the former Lancaster Trust Co. building on North Market Street, using it for rehearsals and storage. The group also shot a video there.

The band sold the building to the city three years later; it's now the Quilt & Textile Museum.

Then, after years of touring and recording, Live announced a hiatus in 2009.

Kowalczyk pursued a solo career, as legal and financial disputes between him and the rest of the band surfaced.

Taylor, Gracey and Dahlheimer established a new group, the Gracious Few, with former Candlebox members Kevin Martin and Sean Hennessy, then reformed Live last summer without their one-time frontman.

tmekeel@lnpnews.com