Bethlehem South Side Business District To Get Major Retail, Office, Student Housing Complex

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

A $56.5 million redevelopment project including significant retail, office and student housing space is planned for Bethlehem’s South Side business district.

Developer Dennis Benner today revealed plans for a 13-story student housing and retail complex on the first block of West Fourth Street and a seven-story office and retail complex a block north at West Third and South New streets.

Construction on the project, which includes a 507-space parking garage, is scheduled to start in the second quarter of next year and take 24 months.

Benner, a Lehigh University graduate, said he’s long heard complaints about how there isn’t enough for college students and young professionals to do in the city and that his complex aims to remedy that. His retail plans include high-end restaurants and lounges, likely including a wine bar, he said.

Read more: http://www.lehighvalleylive.com/bethlehem/index.ssf/2013/11/bethlehem_south_side_business.html

Bethlehem Economic Development Zone Would Create $300 Million In New Construction, Officials Say

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

A Pennsylvania City Revitalization and Improvement Zone in Bethlehem would create at least $300 million of new development in the city, officials said today.

Bethlehem’s application for the new state program will consist almost exclusively of private development, including a proposed convention center at the former Bethlehem Steel Corp. site, officials said.

The emphasis on private development should give Bethlehem a distinct advantage over the eight other cities expected to apply for the special economic development tax incentive, the officials said at an announcement this afternoon in Town Hall.

Only two applicants will be granted the incentive in the next couple of months, and many of them will likely have major public projects, which make them riskier and less fruitful for the state, said state Sen. Lisa Boscola, D-Northampton/Lehigh/Monroe.

Read more: http://www.lehighvalleylive.com/bethlehem/index.ssf/2013/10/bethlehem_criz_economic_develo.html