Locally based PPL Corp. will occupy the building's top six stories under an undisclosed lease arrangement with Malvern, PA-based Liberty Property Trust, which developed and will manage the property. Construction cost of the facility, designed by the New York-based architectural firm of Robert A. M. Stern, was approximately $60 million. It is scheduled to open on May 19.
Scott V. Fainor, president and CEO of the bank, characterizes the opening of a full-service branch and regional office here as "the cornerstone of the bank's growth in Lehigh County." It is the Nazareth, PA-based bank's 19th branch office and comes on the heels of a merger plan between Nazareth and Keystone Savings Bank.
Schnecksville, PA-based Rizzetto Construction Management is handling interior construction and build-out of the new branch. Bethlehem, PA-based Spillman Farmer Architects is providing architectural and design services.
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