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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