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Spec Industrial Rises In Bethlehem Park

BETHLEHEM, PA-A large industrial facility is being built speculatively here at the former Bethlehem Steel site where tax breaks are now available to developers.

By Antoinette Martin | Updated on July 22, 2013

BETHLEHEM, PA-Work has begun on a speculative industrial building here, a joint venture by Trammell Crow Company and Clarion Partners. A 677,088-square-foot Class A building is scheduled to be completed by next spring.

The warehouse is going up on a 40-acre site within Lehigh Valley Industrial Park VII, a master-planned business park off Interstate 78. Once home to Bethlehem Steel, the park is now a designated Local Economic Revitalization Zone. That means new construction projects are eligible for up to ten years of municipal, school and county tax relief. The Park is also home to the Bethlehem Intermodal Terminal.

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