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Five City Center Urban Innovation Campus set for groundbreaking in 2016

Five City Center Innovation Tower Downtown AllentownNovember 16, 2015  /  The Allentown Neighborhood Improvement Zone Development Authority (ANIZDA) recently approved new development plans for the world-class Five City Center Innovation Tower and its state-of-the-art campus just off Center Square in Downtown Allentown. The first phase of the project is set to break ground in 2016, with forecasted occupancy beginning in late 2017. The revolutionary office tower and campus will redefine the corporate environment, with flexible, amenities-packed Class A workspace designed for recruitment, performance, collaboration and security—all with a focus on catering to a new generation of workers.

The first phase of the Five City Center Urban Innovation Campus, located on the block bordered by Hamilton and Walnut streets between Seventh and Eighth streets, will consist of:

  • A 17-story signature office tower
  • 350,000 rentable square feet; 25,000 square feet of shared conference and innovation space; two-story open lobby
  • Targeting LEED® certification from the U.S. Green Building Council
  • 1.6-acre landscaped public Center Green
  • 700-space private adjacent parking garage with terrace roof
  • Redundant power grid and fiber feed
  • Competitive rental rates

Five City Center’s Innovation Tower will be a diverse educational and entrepreneurial community offering on-site academic and business start-up mentoring in partnership with local colleges and universities. The campus will also have a 1.6-acre green space, the largest in the downtown. This outdoor space will be designed to encourage nearby neighborhoods to engage with the campus community, with offerings like farmers markets and recreational activities. A parking deck with a terrace roof will round out phase one.

The project’s second phase will consist of a luxury apartment tower at Eighth and Hamilton streets that will include retail space along with a grocery store and child care services. The $200-to-$250 million campus will be designed by world-renowned Gensler, a global architectural firm that also designed the Comcast Innovation and Technology Center in Philadelphia.

 

Downtown Allentown is a regional center of excellence for business.

Five City Center will join a vibrant and growing business community. Some of the nation’s most respected and forward-thinking companies are headquartered or have offices in Downtown Allentown, including:

  • PPL Corporation
  • Air Products
  • Lehigh Valley Health Network
  • National Penn Bank
  • CrossAmerica Partners

These, along with many local businesses and startups, are creating an energetic and diverse urban work environment. City Center Lehigh Valley is proud to be home to many of these organizations in its Class A office space.

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City Center Lehigh Valley is a major mixed-use development that is helping transform downtown Allentown, Pennsylvania, into one of America’s most vibrant urban communities and a regional center of excellence for business, culture and metropolitan living. With Allentown’s new arena, PPL Center, at its core, City Center includes more than 1 million square feet among three Class A office towers, the Renaissance Allentown Hotel, STRATA Flats and The Shops at City Center, upscale restaurant space and a coworking space called Velocity. City Center’s total investment in downtown Allentown is $400 million, with additional development of office, residential, retail and green space underway.


'Five City Center Urban Innovation Campus set for groundbreaking in 2016' have 4 comments

  1. November 20, 2015 @ 3:26 pm Ronald Lewis

    Will LCCCbe included in the academic initiative planned for 5 Center City ?

    Reply

    • November 24, 2015 @ 4:58 pm Margo Trott

      Thanks for the inquiry, Ronald. We are currently exploring options with all Lehigh Valley colleges and looking forward to posting more information on our website as things develop in the months ahead.

      Reply

  2. March 9, 2016 @ 6:34 pm C A Smith

    I’m really hoping the two towers ( 17 story office ) & ( 19 story apartment ) do get built. I lived in Allentown my whole life and have seen many major projects get announced, and that’s the last you hear about them. The 33 story office tower for 9th & Walnut is the latest example. It was proposed 3 years ago. I commend City Center for transforming center city Allentown. The change is amazing, with a lot more foot traffic more often during the course of a day. So when can we expect a ground-breaking for the office/innovation tower. I want to be there!

    Reply

    • March 14, 2016 @ 1:20 pm Margo Trott

      Thanks for your interest in City Center! We’ve begun demolition on the project site and are in discussions with potential tenants. Stay tuned here for updates. Thank you for your support!

      Reply


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