Archive for the ‘Economic Development’ Category
Upward economic growth and development is on the horizon for the greater Lehigh Valley in 2014. Kamran Afshar Associates (“KAA”), a consulting firm specializing in market trends and economic analysis, has recently released its quarterly ‘Greater Lehigh Valley Chamber of Commerce Survey.’ The survey is featured in the Lehigh Valley Employment and Purchasing Index. According to KAA, the survey polls businesses, professionals, finance and insurance groups, manufacturing companies, health care providers, retailers, construction companies, educators, and realtors. Read the rest of this entry »
Pennsylvania’s Tax Increment Financing Act (the “TIF Act”), 53 P.S. §6930.1 et seq., has recently generated some local controversy, prompting discussions to clarify misconceptions and to reexamine the law’s scope and purpose. Enacted in 1990, the TIF Act provides local municipalities with a tool to combat blight while simultaneously promoting economic development where a municipality does not have other available financial resources. As federal and state funding for redevelopment projects continues to diminish, tax increment financing has become an increasingly popular option to alleviate blight by increasing an area’s tax base, stimulating the local economy, and creating jobs. Read the rest of this entry »
I will be a presenter at Allentown’s Retail Revival, with Allison Lisiecki, City Center Retail Specialist, on Tuesday, October 29, at the Hamilton Financial Center in Allentown. This program, hosted by CREW (Commercial Real Estate Women) Lehigh Valley, will take a journey into the past to explore the history of downtown Allentown’s retail landscape in the 60’s, 70’s and 80’s, and will delve into the plans being implemented today and the vision of the future to attract the best retail mix to support the new arena, office, hotel and apartment development taking place in Allentown’s Neighborhood Improvement Zone.
This is a really exciting time in Allentown and it is important that the developers and those involved are paying attention to every detail to make this redevelopment a great success for the city, its residents, and the entire Lehigh Valley.
For info on how to register please click here.
On September 25, my colleague, Jeff Casaletto, Esq., and I presented Don’t Cry Over Spilled Oil- Understanding Risks Can Create Opportunities. Betsy Schamberger, President of Moonstone Environmental, and Tracy Oscavich, Director of Lehigh Valley Land Recycling joined us to discuss how common “deal killers” can actually create additional business opportunities. Please click here to read an article published in Lehigh Valley Business about the seminar.
If you have any questions about the seminar or any environmental issues, please contact me at email@example.com. Thank you.
The Pennsylvania Right To Know Act: The Effect of Bowling v. Office of Open Records on Public Agencies and Open Records Cases
On August 20, 2013, the Supreme Court of Pennsylvania decided, in an opinion authored by Justice McCaffery, to expand the role of state courts in cases challenging the application of the Right to Know Act. In Bowling v. Office of Open Records, an employee of the Pittsburgh Tribune-Review sought access to records from the Pennsylvania Emergency Management Agency (“PEMA”). The employee sought access to invoices and contracts that related to equipment and services purchased by PEMA with federal grant funds. While PEMA provided access to the records, it redacted much of the information in the records including the recipients of the goods and services, citing concerns for homeland security, national defense, and public safety. Read the rest of this entry »
On July 1st, the Morning Call ran a front page story about how the Allentown Neighborhood Improvement Zone, Allentown Industrial Development Authority, the City of Allentown, building owners, developers, lawyers and engineers are ensuring public safety by going above and beyond required legal requirements during redevelopment around the hockey arena site. This topic is of interest in the wake of a recent wall collapse in Philadelphia that killed six people and injured many others in a Salvation Army store during an unsafe demolition of an adjacent property. Read the rest of this entry »
There are often many questions asked when an area under Tax Increment Financing (“TIF”) consideration must be deemed blighted. The tax increment financing is a providing means to principally finance commercial and industrial development and economic revitalization to a challenged area. Let me clarify a few things about the TIF Act and blighted areas. Read the rest of this entry »
In past articles on this blog, I have discussed the benefits of doing business throughout the Lehigh Valley and touted the Lehigh Valley’s collaborative focus on the region’s economic development… and now I have new independent support. Fourth Economy, a national economic development firm, has recognized Lehigh County as a top ten county in the U.S. to attract future growth and investment. Ranked seventh on the list, Lehigh County was selected for investment, talent, sustainability, place and diversity. Read the rest of this entry »
On Tuesday, May 15, 2012, the Lehigh Valley celebrated the 50 year anniversaries of two dynamic organizations that have served as funding agencies to foster economic development in the Lehigh Valley, Pennsylvania: Lehigh’s Economic Advancement Project ( known as “LEAP) and Northampton County’s New Jobs Corp (know as “New Jobs Corp”). The Lehigh Valley Economic Development Corporation (known as the “LVEDC”) administers both of these organizations and others, including the Lehigh County Industrial Development Authority through its Senior VP of Finance, John Kingsley.