As Northampton County, and all of the Lehigh Valley, continues to grow and expand, and as new companies locate or relocate in the county, the need for outstanding commercial real estate resources to assist companies and clients has never been greater. Fortunately, the business and industrial sector of our economy is well served by a significant number of highly experienced, professional, commercial real estate companies; companies that have been serving the commercial real estate needs of our community for a century or more.
Center Square in Easton - City of Easton
Today, as the economy continues to improve, indeed prosper, Northampton County supports a robust and diverse commercial real estate market. Thanks to the county’s outstanding location, an ever increasing number of national and international firms have been attracted to Northampton County and the Lehigh Valley. These firms have acquired existing properties throughout the region, and have also, quite often, acquired land, and designed and constructed their impressive new facilities.
In addition to outstanding, new, greenfield sites, the county is also able to offer some of the finest “retired” industrial sites in the Northeast. Indeed, the reuse and reutilization of our existing industrial properties has been, and will continue to be, a priority for economic development and related organizations serving Northampton County.
Thanks to an extensive, on-line database that is maintained by the Lehigh Valley Economic Development Corporation (LVEDC), businesses, large and small, seeking properties in which to relocate to our community can readily search throughout the county and region for exactly the right property to meet their expansion needs. This LVEDC database, updated and maintained on a daily basis, provides companies seeking to acquire properties, land or leasing opportunities with a range of properties that is unmatched anywhere in the Commonwealth of Pennsylvania. At any given time, a real estate prospect can review as many as 2,500 acres of prime commercial real estate and as much as 20 million square feet of available space in our existing buildings. Thanks to Bethlehem Steel, in particular, Northampton County offers some very large properties that are currently available and/or under development.
Northampton County is also home to one of the most prolific non-profit land development corporations in the region. The Lehigh Valley Industrial Park Corporation offers high quality industrial sites at an affordable cost.
Larry Holmes Plaza - City of Easton
Through the efforts of the LVEDC, an aggressive land reutilization project is currently in full operation in Northampton County. This initiative, known as the Lehigh Valley Land Recycling Initiative (LVLRI), focuses on promoting the effective reutilization of the county’s abandoned and underutilized commercial and industrial sites. A separate website promotes these properties: The Bethlehem Commerce Center in Bethlehem, the Slate Belt Industrial Center in Pen Argyl, the Ridge Road Property in Bangor, and the Former BRW Waste Treatment Plant in Washington Township (Northampton County).
As a participant in the redevelopment of underutilized commercial or industrial sites, LVLRI can offer developers or businesses some exceptional cost savings. LVLRI acts as a partner and facilitator in this initiative and works side-by-side with participating businesses throughout the redevelopment process. LVLRI also provides technical assistance, and will assist site owners and developers in the acquisition of appropriate financing from their various state and federal sources. Funding for the LVLRI Recycling Initiative is provided by Lehigh and Northampton Counties, the U.S. Environmental Protection Agency and the Commonwealth of Pennsylvania.
Source: Lehigh Valley Economic Development Corporation (LVEDC)