Allentown: A New Beginning

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Developers Unveil $30 Million Complex In Allentown Arena Zone

English: City of Allentown from east side

English: City of Allentown from east side (Photo credit: Wikipedia)

Developers announced plans today for a five-story apartment and retail complex to be built across Seventh Street from the hockey arena.

Shouting above the construction of two office building a hotel and an arena already under construction, officials from City Center Corp. and Pennrose Properties announced plans for $30 million, five-story building that is to include 160 upscale apartments, as many as 10 shops and a 125-space underground parking lot.

Located on Seventh Street, between Hamilton and Linden, the new building will also extend the city’s existing Artswalk by converting a small parking lot into a pocket park that will include colored and pattern concrete pathway, seating and sculpture displays.

“This project is another significant step toward making downtown Allentown a fun, exciting, vibrant, walkable community,” said J.B. Reilly, CEO of City Center Lehigh Valley. “We plan to create a lively environment adjacent to the arena and hotel by blending dynamic retail, great restaurants with outdoor seating, park space and stylish apartments with the culture of the artswalk.”

Read more:  http://www.mcall.com/news/breaking/mc-allentown-city-center-pennrose-20130531,0,5352182.story