14C — June 8 - 21, 2012 — Pennsylvania — Mid Atlantic Real Estate Journal
www.marejournal.com
ETHLEHEM, PA - About 40 members and business leaders Lehigh Valley Chapter www.crewlehighvalley.org Commercial Real Estate Women From Brownfields to Green Project CREW Lehigh Valley Explores B
2012 L EHIGH V ALLEY B OARD OF D IRECTORS P RESIDENT T INA K ISELA SCSM, SCMD P AST P RESIDENT T RACY Y ADUSH , RPA NAI S UMMIT P RESIDENT E LECT M AUREEN O’M EARA H AMPSON M OWRER K REITZ I NSURANCE (HMK) S ECRETARY C ATHERINE (K ATE ) D URSO F ITZPATRICK L ENTZ & B UBBA , P.C. T REASURER C YNTHIA M ERRITT , CPA B UCKNO L ISICKY & C OMPANY C ORRESPONDING S ECRETARY P AM M ORRIS L IBERTY P ROPERTY T RUST D IRECTORS - AT -L ARGE C HRISTA D UELBERG - K RAFTICIAN , AIA S PILLMAN F ARMER A RCHITECTS J ESSICA G ENTILE N ORTH S TAR C ONSTRUCTION M ANAGEMENT , I NC . P OLARIS P ROPERTIES , I NC . 2012 C OMMITTEE C HAIRS S PONSORSHIP C OMMITTEE F RANCEE F ULLER B ARRY I SETT & A SSOCIATES P ROGRAMS C OMMITTEE P AM M ORRIS L IBERTY P ROPERTY T RUST M EMBERSHIP C OMMITTEE K AREN C OONEY D UERHOLZ B OYLE C ONSTRUCTION I NC . C OMMUNITY S ERVICE J ODY K ING , CCIM CBRE, I NC P UBLICITY C OMMITTEE E LIZABETH “M OLLY ’ G RAVER , E SQ . P LUNKETT & G RAVER , P.C.
to achieve LEED® pre-certi- fied silver for core and shell at LVIP VII, land formerly owned by Bethlehem Steel. Liberty’s project manager, Bill Bumber, said the 70-mil- lion-dollar project is one of the largest speculative proj- ects in the US today and that interest is high on the part of prospective tenants. Kerry Wrobel, president of LVIP, which developed the industrial park, noted that
LVIP VII represents about 20% of the tax base and land mass of the City of Bethle- hem and that the Liberty project alone will generate about one million dollars in tax revenue. Anthony Scarcia Jr., pres- ident and CEO of Allied Building Corporation, which is constructing the building, discussed the challenges of building on a site that “looked like the moon” due to mining
slag left behind as part of the steel-making operation. With 27 acres under roof, the building contains 500 tons of steel and 1.5 million s/f of concrete. Brian Alessi, LEED consultant with The Sheward Partnership, noted that the warehouse is “tee- tering on the edge of silver and gold certification” and is seeking 45 LEED credits. The building is expected to be completed in July. ■
gathered at Lehigh Uni- versity’s Rausch Hall on May 10 when CREW Le- high Valley PA presented the background story on the conversion of a former Beth- lehem Steel Brownfield into a green project, developed by Liberty Property Trust. The 1.2 million s/f warehouse/ distribution is now on target
Anthony Scarcia Jr., president and CEO of Allied Building Corporation, points to a slide discussing the construction process while Brian Alessi, LEED consultant with The Sheward Part- nership (center) and Liberty Property Trust project manager Bill Bumber look on.
The program included an executive summary of a year-long practicum study on a project prepared by Lehigh University students in the Integrated Real Estate Program (ire@l). The student presenters, who graduated later in the month, were (from left) Caitlin Harney; BS in Business and Economics with a major in Finance, Colleen Carey; BS in Business and Economics with a major in Finance, and Casey Noble; BS in Business and Economics with a major in Marketing and a minor in Real Estate.
The Goodman Center hosted a networking reception prior to the presentation.
Kerry Wrobel, president of LVIP (left) and Bill Bumber, a Liberty Property Trust project manager, participated in the panel discussion.
CREW Lehigh Valley thanks its 2012 corporate sponsors: Gold - $2,000: Fitzpatrick, Lentz, & Bubba, P.C., Liberty Property Trust, US Lawns
Patron - $1,000: ,Boyle Construction, NAI Summit, NorthStar-Polaris, Pennoni Associates Inc. Contributor - $750: Langan Engineering, MKSD Architects, Spillman Farmer Architects Friend - $300: CBRE, Barry Isett & Associates, Berks Economic Partnership, Dietrick Group, HMK Insurance, JG Petrucci, Inc. KNBT a division of National Penn Bank
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