Fraser Centre Gets Another Push Forward
The long-awaited Fraser Centre is finally gaining traction. The State College Borough Council voted to approve a modified conditional use permit as requested by the developer, Jack Kay, of Susquehanna Real Estate.
Council had to take a vote at its regular meeting Monday night because the Fraser Centre was forced to undergo a drastic redesign last year. Originally, developers were going to collaborate with Penn State and a cinema company to put a movie theater on the ground floor, but Penn State and the theatre chain pulled its commitment. Now, Kay says a major luxury hotel chain will go in that spot, though he hasn't revealed which one it is just yet.
Kay said at a July 1 meeting that should the council push his permit request through, construction on the Fraser Centre could begin as soon as November.
The Fraser Centre will be a 250,000 square-foot, 155-foot high-rise with retail shops, commercial offices and luxury condominiums – that won't be marketed to students – in addition to the hotel. Kay also asked for the modification so he could make the building 10 feet higher than the originally-planned 145-foot structure.
Don Hahn, Council president, voted in favor of the Fraser Centre on Monday night. He noted that although he usually dissents, he believes the necessary changes have been made to accommodate the area.
Representatives from Susquehanna Real Estate were not at the council meeting Monday night.
Read more about the long history of the Fraser Centre here.