FedEx Exploring Millions In Tax Exemptions, Public Funds For Allen Township Megahub

Map of Pennsylvania highlighting Northampton C...

Map of Pennsylvania highlighting Northampton County (Photo credit: Wikipedia)

FedEx has explored pursuing $25.3 million in tax exemptions for the massive distribution plant it is considering building in Allen Township.

The international shipping company has projected $2.53 million in annual tax breaks between 2017 and 2026 if a special tax zone is established on the 253 acres, according to company documents obtained by lehighvalleylive.com.

But those exemptions would require the creation of a Local Economic Revitalization Tax Assistance — or LERTA — zone, which would require approval from the township, county and Northampton Area School Board.

FedEx spokesman David Westrick declined to comment on the Allen Township proposal because the project is still only under consideration by the company.

Read more: http://www.lehighvalleylive.com/breaking-news/index.ssf/2014/02/fedex_exploring_millions_in_ta.html

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Lehigh Valley International Airport Identifies Likely Buyer For 298 Acres

Aerial photo of Lehigh Valley International Ai...

Aerial photo of Lehigh Valley International Airport (IATA: ABE, ICAO: KABE) in Hanover Township, 2005 (Photo credit: Wikipedia)

The Lehigh Valley Industrial Park has emerged as the most likely candidate to buy 298 acres from Lehigh Valley International Airport.

The airport has been negotiating since September with several local developers interested in the land east of Airport Road in Hanover Township, Northampton County.

While the purchase is far from finalized, LVIP has emerged as the frontrunner in talks, largely due to the large amount of job creation expected from their prospective development.

“Between the FedEx project and this second piece with the LVIP, we’re going to end up with a lot of small to medium businesses and have an opportunity to create a lot of jobs,” saidTony Iannelli, chairman of the Lehigh-Northampton Airport Authority.

Read more: http://www.lehighvalleylive.com/breaking-news/index.ssf/2014/01/lehigh_valley_international_ai_26.html

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Lehigh Valley International Airport To Have International Flights

Aerial photo of Lehigh Valley International Ai...

Aerial photo of Lehigh Valley International Airport (IATA: ABE, ICAO: KABE) in Hanover Township, 2005 (Photo credit: Wikipedia)

For the first time, Lehigh Valley International Airport passengers could soon be taking direct flights to places like Mexico, Puerto Rico and Jamaica.

The authority that runs the cash-strapped and passenger-starved airport Tuesday endorsed a $5 million plan to add a U.S. Customs station that would allow LVIA to have flights out of the country as early as 2014.

Embarking on a multimillion-dollar project will not be easy for the struggling airport.  But the Lehigh-Northampton Airport Authority supported a plan to accept a $1.5 million state grant and take out loans for $3.5 million to build an inspection station.

The board believes the station will keep thousands of fliers a year from using other airports to go to places like Cancun, San Juan and Montego Bay.

Read more:  http://www.mcall.com/news/breaking/mc-allentown-abe-airport-international-20121218,0,4105822.story