Bethlehem Approves $10 Million To Improve Old Steel Plant

The Bethlehem Redevelopment Authority approved this week a $10 million bond that will help pay for the next round of infrastructure projects for redeveloping Bethlehem Steel property.

The projects include hundreds of new paved parking spots and an elevated walkway on what was once known as the Hoover Mason Trestle. The century-old trestle was used by Steel to move fuel from the ore yard, where the Sands Casino Resort Bethlehem sits, to the blast furnaces, which is now the backdrop for indoor and outdoor concerts at SteelStacks.

“We want to make sure the investment we make is both strategic and relevant enough that it will stimulate additional development on the site,” said Tony Hanna, executive director of the Bethlehem Redevelopment Authority.

The project totals nearly $16 million worth of improvements and a second bond is expected to be taken out next year.

Read more:  http://www.mcall.com/news/local/bethlehem/mc-bethlehem-tif-bond-approval-20121116,0,7492941.story

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