Acquisition and Development opportunity in Downtown Allentown 100 Block N 7th Street

The Allentown Parking Authority is seeking a qualified firm or team to lead the development of a prime site in downtown Allentown, specifically the 100 Block of N 7th Street. The selected project will enhance the livability and economic development of the downtown area, furthering its revitalization as a vibrant residential, business, and recreational destination. The project should include a mix of uses, such as residential, commercial, and entertainment, and should be consistent with the city's zoning requirements and the Downtown Allentown Development and Urban Design Plan. Some key features of the project site include its proximity to the PPL Center, a major entertainment venue, and its location within the Neighborhood Improvement Zone (NIZ), which offers tax incentives for developers. The project should also incorporate affordable housing options, with a focus on workforce housing, and should prioritize the creation of a vibrant and diverse community. • The project site is approximately 87,000 sq ft, with the Allentown Parking Authority owning over 63,000 sq ft. • The site is currently used as a surface lot parking, with 175 spaces, and is located near several major attractions, including the PPL Center and the Da Vinci Science Center. • The project should include a mix of uses, such as residential, commercial, and entertainment, and should be consistent with the city's zoning requirements and the Downtown Allentown Development and Urban Design Plan. • The project should incorporate affordable housing options, with a focus on workforce housing, and should prioritize the creation of a vibrant and diverse community. • The project should also include a parking component, with a minimum of 175 parking spaces, and should be designed to accommodate the expected increase in parking demand. • The project should be consistent with the city's comprehensive housing study, Welcome Home, and should prioritize the creation of affordable housing options for low- and moderate-income households.