Allentown to Harbor Tallest Building in Lehigh Valley
- Apr 28, 2017
Five City Center Campus bids defiance to Lehigh Valley’s Martin Tower and PPL Building. In a recent meeting with the board of the Allentown Neighborhood Improvement Zone Development Authority, real estate investor City Center Investment Corp. presented its plans for a three-building complex in downtown Allentown, which will include the tallest office tower in Pennsylvania outside of Philadelphia and Pittsburgh. Estimated costs are $250 million and the project is set to commence next year at 700 Hamilton St. Development plans are under review for approval and a response from the board is expected by the end of May. The owners tapped Studios Architecture and Land Collective to handle the master development services.
The complex comprises Five City Center Innovation Tower, a 24-story, 353-foot-high office building planned at 700 Hamilton St. The 442,000-square-foot development is set for completion in late 2020. Plans also call for a residential tower, which will be bounded by Seventh and Walnut streets. The 150-unit apartment building, offering 168,000 gross square feet, will spread across 12 floors. A second 75,000-square-foot residential structure will feature 75 apartments across four floors. The residential buildings are due in mid-2019.
Five City Center will also encompass a 1.7-acre park and 1000 parking spaces. The prime location will provide easy access to restaurants, hotels, retailers, museums and schools. Located in St. Paul’s Park neighborhood, it will be within walking distance from various bus stations and just 3 miles away from the Allentown Queen City Municipal Airport.
Image courtesy of City Center Investment Corp.