Bethlehem`s City Revitalization and Improvement Zone Explored by
Transcription
Bethlehem`s City Revitalization and Improvement Zone Explored by
14C — April 10 -23, 2015 — Pennsylvania — Mid Atlantic Real Estate Journal www.marejournal.com Commercial Real Estate Women Lehigh Valley Chapter www.crewlehighvalley.org 2015 Lehigh Valley Board of Directors President Adrienne Kwiatek-Holub National Penn Bank President Elect Pam Morris Liberty Property Trust Past President Christa Kraftician, AIA, LEED AP Spillman Farmer Architects Secretary Marie McConnell Fitzpatrick Lentz &,Bubba, PC Corresponding Secretary Pam Sullivan Design Point, Inc. Treasurer Jennifer Keat Tubiello-Harr & Assoc. Directors at Large Kelly Berfield, Esq. The Dietrick Group Tina Roseberry SSM Group, Inc. Commitee Chairs & Co-Chairs Membership Betsy Shamberger Moonstone environmental Connie Hasara Mohawk Group Public Relations Lisa Pektor Bethlehem’s City Revitalization and Improvement Zone Explored by CREW Lehigh Valley B ethlehem, PA — On March 11, members and guests of CREW Lehigh Valley gathered at Social Still Micro-Distillery & Kitchen, Bethlehem’s firstcompleted project to benefit from the City Revitalization and Improvement Zone (CRIZ), a tax incentive program aimed at spurring economic development. Passed by the Pennsylvania Legislature in 2013, as part of a much larger bill amending the Tax Reform Code of 1971, the CRIZ permitted third class cities with populations of at least 30,000 residents to apply for one of two initial zones of no more than 130 acres designated by a local “contracting authority” for “economic development and job creation.” Alicia Karner, Bethlehem’s Director of the Department of Community and Economic Development, discussed the CRIZ process and how developers work within guidelines of the program, whose objective is putting vacant buildings back on the tax rolls and growing the local job base. Bethlehem won CRIZ designation because it could demonstrate 350-million-dollars’ worth of shovelready projects in 130-acres on the city’s south side. Social Still owners Elaine Pivitsky and Adam Flatt with Alicia Karner, Bethlehem’s Dir. of the Department of Community and Economic Development Karen & Ken Duerholz, with Boyle Construction Distillation of spirits takes place on site. The former Gozstonyi Savings and Trust Bank, a neoClassical revival structure located at 532 E. Third St, has been transformed into Social Still Micro-Distillery & Kitchen where hand-crafted spirits are distilled on site and served with small plates. Production takes place in the basement. The building features a mezzanine for private parties. Social Still is operated by Adam Flatt and his mother, Elaine Pivitsky, who founded Franklin Hills Vineyards near Bangor, PA. Franklin Hills wines are also served at the restaurant and available for sale at a retails shop. CREW member Karen Duerholz, Director of Business Development for Boyle Construction discussed the progress of the construction of the Hoover Mason Trestle, an elevated pedestrian walkway based upon a former Bethlehem Steel rail line that the company is redeveloping at the nearby SteelStacks campus. MKSD Architects, Allentown, a sponsor of CREW Lehigh Valley, designed the Social Still project. n PennCAP Properties SPONSORS Spillman Farmer Architects GOLD Community Services Sandra Kuhns Liberty Property Trust • Spillman Farmer Architects • Fitzpatrick, Lentz & Bubba, LLC PennCAP Properties • ServPro of Eason, Bethlehem & Whitehall • National Penn Bank Norris McLaughlin & Marcus, P.A. Julie Saucier Profilet K& H Custom Windows Programs Julie Macomb Norris McLaughlin & Marcus Foundation Champions Kate Hart Zayaitz National Penn Bank PATRON Boyle Construction Management • NAI Summit Management Northstar Construction Management • Newmark Grubb Knight Frank Ann Marie Osika CONTRIBUTORS Delegates Pam Morris Campbell Rappold & Yurasists ,LLP • Regan Levan Bloss Brown & Saychak PC Lafayette Ambassador Bank • Buckno Lisicky & Co. Environmental Consultation Services Kristin Homes, PE FRIENDS Lafayette Ambassador Bank Liberty Property Trust HC Engineering, LLP For membership information contact: [email protected] The Dietrick Group • QNB Bank•Barry Isett & Associates, Inc. The Frederick Group • First Trust Bank • JG Petrucci Co. • MKSD Architects Feinberg Real Estate Advisors • HMK Insurance • Design Point
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