Business News

The developer behind the Dixie Cup project was seeking a 20-year agreement that could have generated about $26 million.

What was once a long-vacant, deteriorating building on East Third Street is being reimagined as a mixed-use anchor in South Side’s ongoing revival.

The longtime owner of Braveheart Highland Pub is looking to pass the torch — but not close the doors.

The iconic Dixie Cup structure is set to be restored as part of Skyline Investment Group’s plans to turn the long-vacant industrial site into more than 400 apartments.

Officials overseeing Allentown's special taxing district spoke with City Council members Wednesday night about its effectiveness.

Prologis is seeking permission to turn a million-square-foot warehouse into a data center. Allen Township supervisors unanimously approved those plans last month.

The Major Arena Soccer League announced Thursday that league owners have approved a team for Allentown.

One affordable housing project is rapidly taking shape in the shadow of a historic downtown church, and work to convert another church’s sanctuary into "deeply affordable" apartments could soon begin.

Officials are projecting a significant growth in traffic to and around the plant, which could cause strain on local roadways.

PBS39 broadcast a special, hourlong community forum on "housing gridlock," in which record-high prices, a 9,000-unit deficit and high interest rates have frozen the market for the workforce and first-time buyers.

Coming off a bustling weekend of holiday atmosphere across town, this week marks more to celebrate, city officials said at the Main-Walnut streets intersection on Monday.

The PPL Foundation has provided CIS of Eastern PA with $425,000 in financial support over more than two decades. The partnership recently was celebrated at the Champions For Education celebration.

The Downtown Allentown Alliance on Friday launched its Block by Block Ambassadors program in Center City.

Lehigh Valley Industrial Park, with its headquarters also nearby, proposes to build the facility on 5 acres at its Lot 8, 1550 Spillman Drive.

The submission proposing the construction of 2.6 million square-feet of data center facilities closely aligns with Air Products' existing plan for warehouses on the 194-acre property.

Executive Director Thomas Stoudt said the milestone reflects both Allegiant’s staying power in the Lehigh Valley and the airport’s steady growth as a travel hub.

The debate over whether Lehigh County Commissioners can approve the formation of a Tourism Improvement District to help struggling hotels in the Lehigh Valley boils down to whether or not it would be violating state law.

The U.S. Mint has ended production of the penny, a change made to save money and in recognition of the growing irrelevance of the 1-cent coin. The last pennies were struck Wednesday at the mint in Philadelphia, where the country’s smallest denomination coins have been produced since 1793.

Specifics for the plan are still under wraps as Upper Macungie Township is processing the application. The proposal would develop the data center at the former Air Products headquarters on Hamilton Boulevard.

Community Bank announced in June it would assume seven Santander Bank branches in the Lehigh Valley by the end of 2025. In November, the company announced that acquisition is now complete.

Despite concerns over potential safety issues regarding tractor-trailer traffic near the proposed Fullerton Terminals distribution center, the Whitehall Township Board of Commissioners approved the plan by a 4-3 vote on Monday.

Gov. Josh Shapiro says Pennsylvania's utility companies have stepped up to shelter low-income households this winter. The customers are usually covered by LIHEAP, but the federal assistance program has experienced delays due to the federal government shutdown.