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Lehigh Valley Economic Development Corporation

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LVEDC News

The Waterfront Commences Demolition, Unveils 615 Waterfront Dr.

John McGran
Administrator

July 24th, 2014
News, Newsletter

EDITOR’S NOTE: The following is a press release submitted by The Waterfront Group. Jaindl Properties and Dunn Twiggar Company, together The Waterfront Development Company, commenced demolition today on pre-existing buildings located in Phase I of their $300 million project along the western banks of the Lehigh River in Allentown. Demolition started with “Shop 2”, a […]

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LVEDC Interview: How Stu Schooley Has Made Such a Splash in Business

John McGran
Administrator

July 22nd, 2014
News, Newsletter

EDITOR’S NOTE: Stuart “Stu” Schooley is a founding member of the Lehigh Valley Angel Investors group, and the owner and president of Dutch Springs, an aqua park as well as one of the largest freshwater facilities for scuba diving in the United States. A spring-fed lake located north of the City of Bethlehem, Dutch Springs […]

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Getting Down to Business Video Series: Cantelmi Hardware

Stephen Althouse
Administrator

July 22nd, 2014
News

In this month’s installment of LVEDC’s Getting Down to Business video series, we take you inside Cantelmi Hardware with third-generation owner Rick Cantelmi, a man who understand that a successful hardware store isn’t merely about hammers and nails — it’s about people, too.    

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Waterfront ‘Spectacle’ Set for Thursday

Stephen Althouse
Administrator

July 22nd, 2014
News

The Waterfront Development Company apparently believes nothing says transformation quite like the demolition of a building or two. As visual testimony to the City of Allentown’s NIZ-driven transformation, Waterfront Development will begin demolishing a pair of industrial warehouse buildings this Thursday to prepare for Phase I of The Waterfront project’s first building, which will be […]

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Click. Watch. Learn: The NIZ Simplified

Stephen Althouse
Administrator

July 15th, 2014
News, Newsletter

Understanding Allentown’s Neighborhood Improvement Zone (NIZ) just got a whole lot easier thanks to animation created by a local video company and personalized for Lehigh Valley Economic Development Corporation. No more boring, gray passages of words upon words to sort through. Now all you have to do is go to the LVEDC YouTube page and […]

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Business Outreach Program Visits Olympus Corporation of the Americas

Stephen Althouse
Administrator

July 15th, 2014
News, Newsletter

LVEDC officials met with several Olympus Corporation of the Americas representatives July 1st as part of a comprehensive Business Outreach Program (BOP) visit in Upper Saucon Township. “LVEDC has a unique position in the Lehigh Valley to conduct these business retention interviews,” said Dawn Ferrante, director of regional competitiveness. “We are fortunate to have a […]

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The LVEDC Interview: Becky Bradley

Stephen Althouse
Administrator

July 15th, 2014
News, Newsletter

Editor’s Note: It’s been nearly a year since Becky Bradley was named executive director of the Lehigh Valley Planning Commission, an agency that plays a significant role in shaping the Lehigh Valley’s future as it relates to land development, zoning, housing and the environment. Bradley’s administration has tackled many matters, including an update of the […]

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Easton, Bethlehem Earn Spots on ’10 Best Places to Live in Pa.’ List

John McGran
Administrator

July 14th, 2014
News

EDITOR’S NOTE: The following feature originally appeared July 10 on the CreditDonkey.com website. We’ve abridged the final copy a bit. You prefer the East coast, and you like an area steep in history, but New England just doesn’t fit your style. It’s too cold in more ways than one. New York seems, well, too New […]

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Ben Franklin to Invest $620,000 In Regional Economic Development

John McGran
Administrator

July 9th, 2014
News, News / Press Releases

EDITOR’S NOTE: The following news release was issued by Ben Franklin Technology Partners of Northeastern Pennsylvania. The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP/NEP) Board of Directors has approved the investment of $620,000 in support of regional economic development. BFTP/NEP’s goal is to help lead northeastern Pennsylvania to a better economic future by building […]

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LVEDC Updates Finance Department Brochures

John McGran
Administrator

July 8th, 2014
News, Newsletter

With its loan procurement business booming at record levels, Lehigh Valley Economic Development Corp. has provided its finance team with updated versions of its all-important “Business Financing Solutions” brochures – one for Lenders and one for Borrowers. The glossy eight-page documents sport new cover images featuring a pair of Northampton County-based businesses that have turned […]

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LVEDC Loans & Interest Rates

Details Here

Type Rate Date
PIDA 2.5% 7/3/14
SBA 504 5.07% (20 years) 7/3/14
SBFF 3.5% 7/3/14
MELF 3.5% 7/3/14