Butz, City Center reveal new projects for Allentown
By LVEDC Staff on June 4, 2013
The remarkable rebirth of Allentown took two more steps forward in the last week with a pair of announcements by key developers heavily invested in the renaissance of the Queen City.
This past Monday (6/3), the Butz Corporate Center cut the ribbon on its Phase 2 expansion.
Margaret McConnell, Butz’s enterprise marketing manager, noted that the owners of The Deli Plaza 2, Mike Eleshaky and Mohamed Mansour, will be opening Veeny Pizza this summer on the first floor of the expanded building where the celebration took place. Butz Corporate Center Phase 2 is the first building among several ongoing office projects, to be completed in the Neighborhood Improvement Zone.
“This expansion demonstrates our company’s and my family’s deep commitment to the success of downtown Allentown,” says Greg L. Butz, president & CEO of Alvin H. Butz, Inc.
Phase 2 of the Butz Corporate Center project is expected to bring another 150 jobs to downtown Allentown.
Meanwhile, last Friday (5/31), City Center Lehigh Valley and Pennrose Properties announced a partnership to build an upscale retail and residential complex – and expand the Artswalk area – at the intersection of Seventh and Linden streets in downtown Allentown.
The new $30 million five-story building will feature upscale retail, restaurant and residential uses – and offer approximately 200,000 square feet of space.
To better handle increased parking needs, City Center will expand the Linden Street Parking Deck by three floors, adding 225 spaces for a total of 550 spaces.
“We envision the Artswalk to be a busy, vibrant place in the heart of the city,” said J.B. Reilly, president of City Center Lehigh Valley.
The Artswalk expansion is expected to provide open green space between Sixth and Seventh streets – an area that now houses a parking lot. Groundbreaking is expected to get under way this fall; the project should be completed winter of 2014.
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