Toys R Us

The vacant Toys R Us store on Harrisburg Pike, next to The Crossings at Conestoga Creek.

The developer of The Crossings at Conestoga Creek on Harrisburg Pike has acquired the vacant Toys R Us property next door for $4.75 million, courthouse records show.

But an executive at High Real Estate Group says it will be “several months” before the company decides what it will do with the 6.3-acre property.

Toys R Us ended its 29-year run here on June 27, as the bankrupt retailer liquidated all of its 735 stores after failing to find a buyer who would keep the stores operating.

The 1430 Harrisburg Pike parcel, opposite Long’s Park and next to Route 30, was owned by a Toys R Us affiliate.

High Real Estate Group is a Lancaster-based regional developer and manager of office, retail, residential and lodging space. It bought the Manheim Township parcel on May 15.

Steve Evans, senior vice president and managing director of High Real Estate Group’s retail group, said this week that the company will “redevelop the property consistent with our vision for (The Crossings).”

Evans called High Real Estate Group “the natural buyer” for the property, given that the parcel is next door and could serve as a “front door” for The Crossings.

Whatever High Real Estate Group decides, the use will “blend into” The Crossings and be done in the same “very first-class” fashion, he said.

Part of that decision will be determining the fate of the 47,000-square-foot store. High Real Estate Group is evaluating whether to raze it all or repurpose the basic structure, Evans said.

The Crossings is a $120 million mixed-use development anchored by a Wegmans supermarket. Wegmans became the first tenant to open there when it debuted in September.

The Crossings’ 258 upscale apartments, 127-suite Residence Inn by Marriott, Miller’s Ale House and several smaller tenants have opened since. The balance of the site will be filled by about 20 more tenants, including a 7-screen movie theater.

The Toys R Us site is zoned industrial-1, which allows retail sales, offices and an array of other uses, with an overlay which allows community facilities and many additional uses.

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