South Bethlehem Complex Of 110 Luxury Apartments, Offices And Stores To Start In Spring With Authority Approval

The developer of Bethlehem’s first City Revitalization and Improvement Zone project got approval Thursday to proceed with a second project.

BethWorks Renovations’ three-building complex of 110 luxury apartments, offices and retail space will flank its first project, a distillery called Social Still slatted to open on East Third Street as early as this weekend, the developer said.

Construction on Greenway Commons, as the three-building complex is called, will follow starting in March, said Rob de Beer, the development director for Peron Development, a BethWorks-affiliated company. The company plans to start construction on the two retail-and-apartment buildings in March with the retail-and-office building starting as soon as a nearby garage the complex plans to use for parking is underway, de Beer said.

The complex will be built atop three parking lots across from Northampton Community College. BethWorks bought the lots from the former Bethlehem Steel Corp. in 2004, de Beer said.

Read more: http://www.lehighvalleylive.com/bethlehem/index.ssf/2014/12/south_bethlehem_complex_of_110.html

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Bethlehem Distillery Gets OK For State’s First New Economic Development Incentive

Map of Pennsylvania highlighting Northampton C...

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

A Bethlehem-based distillery to be opened by the owner of Franklin Hill Vineyards received approval today to be the first business in the state to use a new economic development incentive.

The Bethlehem Revitalization and Improvement Authority gave its unanimous approval to grant the distillery — which will be called Social Still — funding through the state’s City Revitalization and Improvement Zone. The designation allows state and local nonproperty taxes from new businesses in the zone to help finance new development within it.

Authority members debated today over how much of those taxes the business should get. The authority’s guidelines say the authority “strives” to give the developer 80 percent of the funding, an amount board member Ann McHale said is too low for such a unique project.

Read more: http://www.lehighvalleylive.com/bethlehem/index.ssf/2014/09/distillery_gets_ok_for_bethleh.html

Bethlehem Revitalization Authority Readying For Applicants

Map of Pennsylvania highlighting Northampton C...

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

The Bethlehem Revitalization and Improvement Authority is accelerating efforts to hire consultants so it can start accepting development applications in the summer.

The authority is tasked with implementing Bethlehem’s City Revitalization and Improvement Zone, which is expected to create $587 million worth of development. Bethlehem received the state economic development designation late last year.

Similar to Allentown’s Neighborhood Improvement Zone, the zone allows state and local nonproperty taxes from new development in the zone to help finance construction within it.

Read more: http://www.lehighvalleylive.com/bethlehem/index.ssf/2014/03/bethlehem_revitalization_autho.html

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