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Lehigh Valley Economic Development Corporation

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LVEDC Newsletter

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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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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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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Consultant: LVEDC and Lehigh Valley at a Turning Point

John McGran
Administrator

July 8th, 2014
News, Newsletter

EDITOR’S NOTE: We wrap up our series on the Blueprint for Success consultant’s report with a look at how LVEDC and Lehigh Valley could better its product – and the way it attracts business to come here, start here and grow here. The Lehigh Valley location, innovative redevelopment programs, education foundation, and committed stakeholders are […]

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The LVEDC Interview: In the Trenches With Don Cunningham

John McGran
Administrator

July 8th, 2014
Columns, News, Newsletter

EDITOR’S NOTE: It’s been two years since Don Cunningham took the reins of LVEDC. To mark the anniversary, we ask the former Lehigh County Executive and Mayor of Bethlehem to take a short look back and a long look ahead. When you took this job two years ago you said “the purpose of LVEDC is […]

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LVEDC Advocacy Helps Keep Tax Credits in Pa. Budget

Stephen Althouse
Administrator

July 1st, 2014
News, Newsletter

On June 30th, the Pennsylvania House and Senate approved the Fiscal Year 2014-15 state budget. The $29.1 Billion spending plan is now awaiting Governor Corbett’s signature. The budget package does not contain the two-year hiatus on 13 different economic and community development tax credits contained in House Bill 2188 that passed the state House last […]

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RECOMMENDATION: Area Needs STEM & Pharmacy Schools, Talent Pipeline

Stephen Althouse
Administrator

July 1st, 2014
News, Newsletter

EDITOR’S NOTE: In A Blueprint for Success: A Sustainable Economic Development Strategy for the Lehigh Valley, Garner Economics notes that regional marketing efforts are only successful if the region has a strong “product” to sell. This product includes sites and buildings, transportation infrastructure, utility infrastructure, workforce development, leadership, and incentives. Here are a few suggested […]

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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