South Side Bethlehem Complex, Including 110 Luxury Apartments, Gets First Approval For Economic Incentive

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

Three new buildings with 110 apartments in addition to stores and offices along Bethlehem’s East Third Street got its first approval for the city’s powerful economic incentive Thursday.

The Bethlehem Revitalization and Improvement Authority voted unanimously to approve Greenway Commons as a qualifying project in the 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.

Developer BethWorks Renovations, which is headed by attorney Michael Perrucci, hopes to start construction on the two apartment-and-retail buildings in March, according to documents submitted to the authority Thursday. The 63,000-square-foot office building would be built once construction starts on a parking garage the Bethlehem Redevelopment Authority plans to build at Third and Fillmore streets, the documents say.

Read more: http://www.lehighvalleylive.com/bethlehem/index.ssf/2014/11/south_bethlehem_complex_includ.html

New Plans For South Bethlehem Apartments, Stores And Offices Submitted

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

A developer has submitted new plans for three buildings that will include stores, offices and apartments across from the former Bethlehem Steel Corp. site in Bethlehem.

Developer BethWorks Renovations has submitted plans for one five-story and two four-story buildings along East Third Street across from Northampton Community College.The company’s previous plans for the site called for one five-story and two three-story buildings, but its total of 111 apartments remains the same.

The company’s new plans are scheduled to go before the Bethlehem Planning Commission 4 p.m. Thursday.

BethWorks’ five-story building would be located at 422-430 E. Third St., which is on the corner of Fillmore Street. It’s proposed to have first-floor retail space and 96 apartments.

Read more: http://www.lehighvalleylive.com/bethlehem/index.ssf/2014/10/new_plans_for_south_bethlehem.html