The $325 million mixed-use campus, "The Waterfront," recently broke ground with plans to completely revitalize the former site of Lehigh Structural Steel. The former steel plant shut down in 1992, and light industrial companies used its buildings since then. This new project will bring 1.2 million-square-feet of planned development to Allentown's Lehigh River as well as 2,900 jobs and 400 apartments, reports the Washington Business Journal. "The Waterfront" will also feature office buildings, apartment complexes, retail stores, restaurants, a main street, river access, and public spaces. Construction on the site's infrastructure is expected to take a year and a half with a delivery slated for eight years from now, according to NewsWorks. State and local tax dollars are funding the development.
· $325M development breaks ground in Allentown [Washington Business Journal]
· Allentown mixed-use waterfront development breaks ground [NewsWorks]