By Brian Pedersen
bpedersen@lvb.com
Bethlehem’s
rental market has a number of new projects on the way.
One
of the latest is a plan to build a six-story apartment building in just outside
the historic district in Bethlehem that recently earned approval from the city
planning commission.
 |
| A rendering of a planned apartment complex at 546-548 N. New St. in Bethlehem that will also house a wine bar on the ground level. (Photo: Submitted) |
“We
purchased the building several years ago,” said Brandon Benner, a developer who
owns the property with his brother, Garrett under the name Matador Holding Co.
LLC. “We always liked that location.”
The
33,000-square-foot building is mostly vacant and includes a lottery shop, an
office, and a drug and alcohol treatment center as tenants, he said.
He
plans to begin work on construction this winter and hired Quadratus as the
construction manager. Quadratus also completed the Benners’ Gateway building at
Third and New streets in South Bethlehem last year.
Benner
said he is still working on some options for the name of the new apartment
building but said he teamed with Sitio of Philadelphia to design the building. Sitio
is the same architect the Benner’s hired for the Skyline West apartment project
planned for West Broad Street in Bethlehem.
He described
the building as having modern, upscale features with high-end finishes. Rents
would range from $1,000 per month to $2,000 per month for a mix of studios and
one and two-bedroom units, Benner said.
The
building would also have a wine bar on the first floor and Benner said he is
working through the details of finalizing the deal for the tenant.
“The
location was one of the driving factors,” Benner said. “It’s a section of
Bethlehem that needs a little life breathed into it. We want to continue to
enhance the downtown area.”
For
parking, he is negotiating with the Bethlehem Parking Authority since the
building is close to the Walnut Street Garage, Benner said.
No comments:
Post a Comment