6-12-15

12C — June 12 - 25, 2015 — Pennsylvania — M id A tlantic

Real Estate Journal

www.marejournal.com

CREW Lehigh Valley Explores Allentown Waterfront Lehigh Valley Chapter www.crewlehighvalley.org Commercial Real Estate Women

2015 L ehigh V alley B oard of D irectors P resident A drienne K wiatek -H olub N ational P enn B ank P resident E lect P am M orris L iberty P roperty T rust P ast P resident C hrista K raftician , AIA, LEED AP S pillman F armer A rchitects S ecretary M arie M c C onnell F itzpatrick L entz &,B ubba , PC C orresponding S ecretary P am S ullivan D esign P oint , I nc . T reasurer J ennifer K eat T ubiello -H arr & A ssoc . T ina R oseberry SSM G roup , I nc . C ommitee C hairs & C o -C hairs M embership B etsy S hamberger M oonstone environmental C onnie H asara M ohawk G roup P ublic R elations L isa P ektor P enn CAP P roperties J ulie S aucier P rofilet S pillman F armer A rchitects C ommunity S ervices S andra K uhns K& H C ustom W indows P rograms J ulie M acomb N orris M c L aughlin & M arcus F oundation C hampions K ate H art Z ayaitz N ational P enn B ank A nn M arie O sika L afayette A mbassador B ank D elegates P am M orris L iberty P roperty T rust K ristin H omes , PE HC E ngineering , LLP For membership information contact: Betsy@moonstoneenviro.com D irectors at L arge K elly B erfield , E sq . T he D ietrick G roup

LLENTOWN, PA- More than 100 mem- bers and guests of CREW Lehigh Valley gath- ered on May 21 at the con- struction site of The Water- front, a visionary mixed use project on a brownfield site along the banks of the Lehigh River. Located within the Allentown Neighborhood Im- provement Zone, the project recently achieved funding approval from the Develop- ment Authority to use taxes generated within the project for development costs A partnership between Jain- dl Properties, LLC, Dunn Twiggar, LLC and Michael Dunn Co. LTD, three Lehigh Valley-based development companies, the Waterfront Development Company has de- veloped a phased development program for The Waterfront. Upon build out, the project will deliver a million s/f in nine proposed new mixed-use buildings, creating residential, employment and entertain- ment opportunities. The River Walk will be a key feature of the project, with a waterfront promenade, two floating docks, and outdoor amphitheaters. Project owners have acquired railroad right-of-way with the intention of providing trail con- nections with the D&L Trail system. Zachary Jaindl, C.O.O. of A

Zachary Jaindl, C.O.O., Jaindl Enterprises

Ryan Dunn, Dunn Twiggar, LLC Sara Hailstone, director of com- munity and economic development for the City of Allentown /interim executive director of ANIZDA

Ryan Dunn discussed 615 Waterfront, predicted to be the first building to break ground. The first floor will feature 20,000 s/f of retail or restaurant space, with a dra- matic through lobby. Upper floor office space is designed for tenant flexibility. Sara Hailstone, director of community and economic de- velopment for the City of Al- lentown and interim executive director of the Allentown Neigh- borhood Improvement Zone De- velopment Authority outlined “the Road to the Riverfront” which involved extensive en- vironmental cleanup, a master plan for the Lehigh River’s wa- terfront area, site preparation, and traffic feasibility studies. n

Jaindl Enterprises, outlined Phase One, the development of 13 acres launching a com- munity that will appeal to both Millennials and Boomers. Bud- geted at 100-million-dollars, the first phase will include two office buildings, 120 upscale

apartments, retail shops, a parking garage and the River Walk. Mr. Jaindl noted the partnership worked closely with Whiting Turner, Cope Linder Architects, and Barry Isett and Associates in the de- velopment of the Master Plan.

SPONSORS GOLD

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. PATRON Boyle Construction Management • NAI Summit Management Northstar Construction Management • Newmark Grubb Knight Frank CONTRIBUTORS Campbell Rappold & Yurasists ,LLP • Regan Levan Bloss Brown & Saychak PC Lafayette Ambassador Bank • Buckno Lisicky & Co. Environmental Consultation Services • MKSD Architects FRIENDS The Dietrick Group • The Frederick Group • First Trust Bank • JG Petrucci Co. Feinberg Real Estate Advisors • HMK Insurance • Design Point • Tubiello-Harr Associates

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