Businesses are seeing the light – natural light, that is.
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Construction & Real Estate
Back to a seller’s market, which drives up home prices
The Greater Lehigh Valley saw 305 fewer properties listed in September, a 12.6 percent drop compared to a year ago.
State loan spurs site prep for massive business park, 1,000 jobs
A $5.9 million loan for the development of a mixed-use business park in Monroe County is expected to expedite site preparation for the more than $100 million project.
Read More »Construction picks up for CRIZ projects
New projects may be stalled in Bethlehem's special tax zone district, but construction is finally picking up with earlier proposals thanks to recent changes made to state legislation.
Read More »J.G. Petrucci Co. buys building for $2.7M in LVIP IV
J.G. Petrucci Co. Inc., a developer with offices in Bethlehem and Asbury, N.J., bought a building for $2.675 million from Hygrade Components in Lehigh Valley Industrial Park IV in Hanover Township, Northampton County.
Read More »Reading hotel to close, convert to apartments
The historic Abraham Lincoln hotel in downtown Reading will close Nov. 1 and be converted into apartments.
Read More »Confidence, optimism and potential as home construction industry sees uptick
Builder John J. Holahan of Pocono Lake has 16 projects in the pipeline – double the number of last year.
Planned are nine full-time homes for the 55-plus sector and seven second homes, three of which will become primary homes when the owners retire.
Industrial parks worth $190M targeted for Berks
Two projects worth a combined $190 million near Hamburg could transform the landscape of a bucolic path of farmland in Berks County, giving way to what would be a massive warehouse and distribution network.
Read More »Colleges keep building to improve facilities and technology and to stay current
Moravian College in Bethlehem this year started construction on a $23 million academic building on its Main Street campus.
Read More »Lehigh Valley sees shift from home ownership to renting
Apartments, assisted living facilities and condominiums are on the rise in the Lehigh Valley, marking a dramatic shift from the single-family houses, twin homes and town houses that dominated residential development in the region before the financial crisis of 2007-2008, according to the Lehigh Valley Planning Commission’s annual development and outlook report.
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