fbpx

Construction starts on Steel City Trade Center

Developers Trammell Crow Co. and Clarion Partners have started construction on two distribution buildings near Exit 67 off Interstate 78.

Construction started this month on two distribution buildings near Exit 67 off Interstate 78 in Bethlehem. (Submitted) –

The buildings should be complete in the first quarter of 2020, said Vincent Ranalli, senior vice president at CBRE Inc. in Radnor. His firm is marketing the buildings.

The buildings are going up at 1198 Feather Way and 2020 Feather Way in Bethlehem, for a project called Steel City Trade Center, he said. The site is in Lehigh Valley Industrial Park VII near Curtiss-Wright’s manufacturing and warehouse facility.

“The interest to date has been very strong,” Ranalli said. “We continue to see new companies that want to locate in Lehigh Valley.”

One building will be 189,738 square feet and the other will be 294,240 square feet.

The estimated construction cost is about $24 million, said Matt Nunn, vice president of Trammell Crow in the firm’s Conshohocken office. This is the firm’s second project in the Bethlehem area. In 2014, the firm completed a distribution center it leased to Primark, he added.

 

 

Brian Pedersen
Contact the Editorial Department at editorial@lvb.com

Business Journal Events

Diversity and Inclusion Summit

Wednesday, September 16, 2020
Diversity and Inclusion Summit

The Future of Higher Ed Summit

Tuesday, September 29, 2020
The Future of Higher Ed Summit

Reader Rankings Awards

Wednesday, October 07, 2020
Reader Rankings Awards

2020 Fastest Growing Companies Awards

Wednesday, October 14, 2020
2020 Fastest Growing Companies Awards