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Monday, October 27, 2014

News From Around the Valley

Here some News Article that I think are interesting for housing/business in the Lehigh Valley.

Some Land Development News:

1. Lower Nazareth has approved a 54 acre site development for Industrial Developments International

Comments: This development comes with significant improvements required in regard to the reconstruction and widening of Hecktown Road.

Source: MCALL.com

2. Jaindl Development has submitted its Rutz Farm plans for Formal Review

Comments: I like the open space that will be added. In my opinion, this would not have been possible without the Overlay Ordinance that would have been enacted on the acreage. In general, I'd like to see local municipalities have more transparency in regard to zoning changes, simply posting on a website or newspaper does not seem to be an ideal way to discuss a zoning map.

Source MCALL.com

3. Jaindl Warehouse developement in Lower Macungie

Comments: This project is further proof that warehouse development is an attractive developement area for people in and outside of the area. It will be interesting to see if the roads will be made to withstand the extra traffic.

WFMZ.com

The Lehigh Valley Business Journal has some intriguing stories about the following:

1. Pennsylvania Venture Capital Inc, owned my Abe Atiyeh, is attempting to build a new Subidvision by the Fedex distribution center. 

Reaction: Folks seem to have belief that the FedEX will bring development to the area.

2. Straight Arrow Inc. is a manufacturing company in Bethlehem that is moving to Fork Township. Will Ferrel uses their product a reference in Blades of Glory

Comments: This is a cool story that can show the impact of state financing initiatives, hopefully business booms for Straight Arrow.

Taxes:

1. It seems that Lehigh County will lower its tax rate.

 2. In the Parkland School District, it seems that taxes will be going up.




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