Allentown’s Americus Hotel Project Advances, But Concerns Remain

English: City of Allentown from east side

English: City of Allentown from east side (Photo credit: Wikipedia)

The revitalization of Allentown‘s Americus Hotel took another step toward reality today, but development officials want further assurances the project will actually be completed.

“We don’t want to have a project that’s going to fail,” said Sy Traub, chairman of the authority that oversees development in the city’s Neighborhood Improvement Zone.

“If we approve a project that goes belly up in the middle of it, and it’s a project in the middle of our city that’s going to sit vacant and stalled, then it’s going to be a real problem,” Traub said.

Developer Albert Abdouche appeared today before a Allentown Neighborhood Improvement Zone Development Authority committee with his plans for a revamped 11-story hotel at 549 Hamilton St.

Read more: http://www.lehighvalleylive.com/allentown/index.ssf/2014/02/allentowns_americus_hotel_proj.html#incart_river

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