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Allentown NIZ drives $1b in development, spurs growth
Allentown’s Neighborhood Improvement Zone has generated over $1B in investment, fueling office, retail, and mixed-use growth across downtown.
Company hired to market, pre-lease planned Ideal Tower
A proposed building in downtown Allentown that would be the city’s tallest has taken a step forward with the announcement that a company has been chosen to handle the marketing and pre-leasing of the property.
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.
Report shows success of Allentown Neighborhood Improvement Zone
The Allentown Neighborhood Improvement Zone (NIZ) has been responsible for a total of $1.15 billion of investment and has brought in 1,287 new apartment units and 243 new units in the surrounding neighborhood.
Pa. Assembly moving forward with audit of Allentown’s NIZ
A Pennsylvania General Assembly Committee on Monday agreed to a plan introduced by State Sen. Jarrett Coleman, R- Bucks, Lehigh, that calls for an audit of the Allentown Neighborhood Improvement Zone (NIZ.)
Pa. Senate to audit Allentown Neighborhood Improvement Zone
The Pennsylvania Senate will be looking into Allentown’s Neighborhood Improvement Zone, a special district that was created to fund development in the city’s center.
