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
Reporter Brian Pedersen covers construction, development, warehousing and real estate and keeps you up to date on the changing landscape of our community. He can be reached at brianp@lvb.com or 610-807-9619, ext. 4108. Follow him on Twitter @BrianLehigh.

Business Journal Events

Outlook on 2020

Wednesday, December 11, 2019
Outlook on 2020

2020 Real Estate & Development Symposium

Thursday, March 12, 2020
2020 Real Estate & Development Symposium

2020 Forty Under 40 Awards

Wednesday, April 22, 2020
2020 Forty Under 40 Awards

Women of Influence Awards

Monday, May 11, 2020
Women of Influence Awards