949 Hamilton ST Allentown City, PA 18101

+/- 34,020 SF is Available for sale in Downtown Allentown PA. It sits on .42 acres, ideal for a redevelopment opportunity. The building is in a special tax district called the Neighborhood Improvement Zone (NIZ). The NIZ is a State Tax district created in 2011 that is being utilized to encourage development and revitalization in the center city of Allentown, PA, and along the western side of the Lehigh River. The NIZ program has Spurred more than a half-billion dollars in redevelopment and is still urged to do more due to demand.
The NIZ is a powerful program that aid in the development of the PP&L Event Center (Home to the Lehigh Valley Phantoms), multiple Class A high-rise office buildings, restaurants, retail, apartments, and the newly approved Da Vinci Science Center, which will feature a +/-67,000 SF structure based on renderings and to offer +/-30,000 SF of interactive exhibits. Current plans call for groundbreaking in spring 2022, with an opening date of spring 2024.