Giggleberry Fair Looking to Expand

LAHASKA, PA-Peddler’s Village, located at 2449 Street Rd. here is a 250,000-sf outdoor mixed-use development on 42 acres with 70 stores, six restaurants, a 70-room hotel–and Giggleberry Fair. Peddler’s Village Partners, the development’s owner, is looking to make the Giggleberry family entertainment center a multi-location entity. A $20 million refinance and two proposed locations are part of the initial foray.

“We’ve already built the brand here in Lahaska. Our initial property’s about 16,000 sf,” Chris Leskauskas, CEO of Peddler’s Village Partnership, tells GlobeSt.com. “We’re going to recreate that brand and recreate that brand with footprints of 25,000 sf.” Leskauskas adds that the two sites will most likely be developed by spring of 2010. He further explains that the first one should be done by the second quarter of 2009.

“Right now we’re looking at standalone centers–some of the larger lifestyle centers. What’s kind of ironic,” Leskauskas notes, “is that we are ourselves a lifestyle center.” Peddler’s Village focuses on smaller boutique stores, though, without any big box tenants. The company leases out 120,000 sf to outside retailers, and owns and operates the balance of its space for the 70-room Golden Plough Inn, restaurants, corporate office space, and Giggleberry.