Bethlehem Mayor Announces $56 Million In Development At Former Bethlehem Steel Site

Bethlehem Mayor John Callahan on Wednesday announced $56 million of economic development for two projects at the former Bethlehem Steel plant — two buildings that could be used for warehousing or light assembly.

Lehigh Valley Industrial Park VII is negotiating for a 175,000-square-foot facility along Route 412.

Liberty Property Trust has filed plans for an 800,000-square-foot speculative building, one that would be built without a formal commitment from whoever ends up using it.

While Callahan didn’t have any job estimates on that building, he noted that a 1.2 million-square-foot warehouse under way is expected to bring as many as 500 jobs once a tenant is signed.

Read more: http://www.mcall.com/news/breaking/mc-bethlehem-state-of-city-callahan-20120314,0,5953407.story