The Allentown Planning Commission on Tuesday approved plans for Four City Center, a $30 million, five-story luxury apartment and retail development proposed for Seventh and Linden streets, across from the city’s new arena.
Working with Pennrose Properties, City Center Investment Corp. plans two buildings that will include 168 amenity-packed apartments, half of which will be one-bedroom and the other half two-bedroom units, renting for at least $1,000 a month. They will also house 12-15 first-floor retail and restaurant spaces.
Construction could begin as soon as November and is expected to be complete by the end of 2014. The goal is to bring more middle-income residents downtown to complement multiple new office buildings, support retailers and inject life into Hamilton Street, which empties out at night and on weekends.
The plans include a large five-story apartment complex with center courtyard, coupled with a smaller three-story, primarily retail structure sitting astride a brick walkway that ties into the city’s Arts Park. They also include a 600-square-foot pocket park.
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