This is a rare in-fill development opportunity in downtown Allentown, along the Lehigh River. In 2011, the state designated the waterfront district a Neighborhood Improvement Zone (NIZ) to encourage development and revitalization. The NIZ is among the state's most generous incentive programs and its unique structure extends a number of potential tax breaks to tenant operations, dependent on end-use. The district's only industrial-zoned property, the parcel is well-suited for a modern +/- 200,000 SF build-to-suit industrial facility, but can also accommodating of office development, fitting in well the six mixed-use/Class A office buildings under construction next-door. In either use scenario, the site's location in Allentown's densely-populated downtown, close to public transportation routes, is a boon to employee recruitment and retention. The planned Riverside Drive will convert an old rail bed, running along the property's edge, to a 3.25 mi, three-lane thoroughfare while adding and realigning existing intersections near the Hamilton Street and American Parkway bridges. The bridges are Allentown's major entry and exit points, providing convenient access to Interstate 78, Route 22, and the population centers along those corridors.
11.37 acre site
56 car parking spaces
18 trailer parking spaces
In-fill location
Industrial Zoning allows for warehouse, flex, or office uses
- Property Type
Industrial
- Total Building Size
200,000RSF
- Zoning
Industrial
- Property ID
1998282
