Five City Center Campus

City Center Investment Corporation Announces Expanded Plans and Construction Timeline for Five City Center Campus

City Center Investment Corp. (CCIC), the real estate development company whose major mixed-use development, City Center Lehigh Valley, is revitalizing downtown Allentown, Pennsylvania, announced expanded plans and a construction timeline for its Five City Center Campus today. The announcement was made by CCIC President J.B. Reilly.

The $250-300 million project now includes plans for the tallest office tower in Pennsylvania outside of Philadelphia and Pittsburgh. Details on the campus and each portion of the project are:

Location: 700 block of Hamilton Street bounded by Hamilton, Seventh, Walnut and Eight Streets

Master Plan Developed By: Studios Architecture and Land Collective

Construction Scheduled to Begin: 2018

Construction Scheduled to End: Five City Center Innovation Tower – late 2020; residential buildings – mid-2019

Parking: 1,000 spaces

Commercial Space: 30,000 GSF

Center Green: 1.7-acre park

Five City Center Innovation Tower (Eighth & Hamilton Streets): 24 floors, 353-feet tall, 442,000 GSF

Five City Center Residential

  • Residential Tower (Seventh & Walnut Streets): 12 Floors, 168,000 GSF, 150 Apartments
  • Residential Two (Eighth & Walnut Streets): 4 Floors, 75,000 GSF, 75 Apartments

Additionally, Reilly provided an update on CCIC’s other projects:

  • Three City Center is now 100-percent leased.
  • STRATA East is 50-percent leased and on schedule to open Memorial Day 2017.
  • STRATA Symphony is on schedule to open in the winter of 2017.
  • Tower 6 is 60-percent leased and on schedule to open in the spring of 2018.