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.