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Woman-owned construction company attributes success to customer service
The president of a Berks County-based construction firm attributes her success to learning about each customer’s business to provide the right project for the job. Sarah Phillips, 35, who owns the majority stake in Irish Creek, a general contracting and excavating firm, said that while there are challenges to being[...]
Proposed bills aimed at easing Pennsylvania’s housing crisis
There’s an affordable housing crisis in Pennsylvania and two proposed bills that would address the issue have passed out of committee to the full house for a vote. State Rep. Josh Siegel, D-Allentown, said two pieces of his legislation that would address Pennsylvania’s housing shortage were approved in the Pa,[...]
Lehigh Valley commercial realtors raise money for local hospitals
The Lehigh Valley Commercial & Industrial Real Estate Foundation, a nonprofit that supports babies impacted by medical challenges and their families, presented a record $63,000 each to Neonatal ICUs at Lehigh Valley Health Network and St. Luke's University Health Network recently. Event Chair Costas J. Hrousis, co-founder and principal of[...]
Petrucci cuts ribbon at new Vignon International warehouse
J.G. Petrucci Company, Inc. (Petrucci), one of the New Jersey and Pennsylvania region’s most respected development and design/build organizations A grand opening was recently held at a new warehouse that J.G. Petrucci Co. Inc. constructed for Vigon International, an Azelis company, in East Stroudsburg. Located at 159 Airstrip Road, this[...]
Renaissance II? Allentown looking at its next big wave of development
When the PPL Center hockey arena opened in Allentown a decade ago, thanks in part to the 2011 law that established the Neighborhood Improvement Zone taxing district, a great deal of corporate investment was focused into the renewal of the downtown. Office buildings, apartments, dining and nightlife soon followed. And[...]
Bethlehem Patient First property sold to investment firm
Commercial real estate brokerage firm, Marcus & Millichap, has announced the sale of Patient First, a net-leased medical office property located in Bethlehem. Dean Zang and David Crotts, investment specialists in Marcus & Millichap’s Washington D.C. office, had the listing to market the property on behalf of a regional development[...]
I-95 in northeast Philly reopens Friday; officials laud repair project
All lanes on I-95 in northeast Philadelphia will be open to traffic by 5 a.m. Friday, as well as one lane on the newly constructed ramp from northbound 1-95 to Cottman Avenue, just in time for holiday weekend travel. PennDOT Secretary Mike B. Carroll was joined by Federal Highway Administrator[...]
LVEDC has new tool to help businesses locate in the Lehigh Valley
The Lehigh Valley is already a top market for development. It was recently named top region of its size for new development by Site Selection Magazine this year. And now it’s even easier for companies looking to locate in the Valley. The Lehigh Valley Economic Development Corp. has launched a[...]
Pennsylvania home prices hit record high
The Pennsylvania median home sales price reached an all-time high last month. According to a report prepared for the Pennsylvania Association of Realtors, the median home sales price jumped to $280,000 in April, up nearly 25% from March and up 7.6% over April 2023. “Pennsylvania continues to have a strong[...]
Luther Crest opening 69-unit senior apartment complex
Active seniors will soon have a new place to live. Luther Crest, a Diakon Senior Living Community, has completed the finishing touches on its Greenwood Apartments expansion project, which adds 69 independent living apartments for seniors in the Lehigh Valley. The Greenwood Apartments expansion, located at 800 Hausman Road in Allentown,[...]
Spring brings new inventory and increased sales to real estate market
The Greater Lehigh Valley Realtors is reporting that April’s Spring weather helped bring some sellers back to the market, providing additional options to home shoppers during the spring buying season. “We are seeing the positive signs and momentum that comes with the spring market,” said GLVR CEO Justin Porembo. “Nevertheless,[...]
Pa. House passes legislation to revitalize commercial properties, create jobs
Legislation that would establish the Mixed-Use Revitalization Program to incentivize the revitalization of commercial properties has been passed by the Pa. House. House Bill 2174 will now be considered by the state Senate. The bill is sponsored by state Rep. Justin Fleming, D-Dauphin. Fleming cited former shopping malls as an example of[...]
