3948 Portland St, Pennsylvania, NJ 18037

Property Description

TO BE BUILT - 3948 Portland St, Coplay PA 18037 FULLY APPROVED 39-UNIT MULTIFAMILY DEVELOPMENT IN NORTH WHITEHALL TOWNSHIP - FINAL APPROVALS ARE IN PLACE - BUILDER IN PLACE MYLAR IS READY TO BE RECORDED - NPDES PERMIT IS APPROVED. ACT 2 ENVIRONMENTAL CLEARANCE IS COMPLETE DEMOLITION PERMIT CAN BE PULLED IMMEDIATELY. SHOVEL READY PROJECT CURRENT MUNICIPAL INSPECTION ESCROW OF APPROXIMATELY $20,000 IS ALREADY ESTABLISHED FOR CONSTRUCTION PP&L HAS AGREED TO RELOCATE THE POWER LINES AT NO COST TO THE PROJECT, ELIMINATING APPROXIMATELY $80,000 IN ANTICIPATED COSTS CURRENT CONSTRUCTION BUDGET INCLUDES APPROXIMATELY $500,000 IN CONTINGENGY ADDITIONAL VALUE ENGINEERING AND REBIDDING OPPORTUNITIES STILL EXIST WITHIN THE CONSTRUCTION BUDGET LOCATED WITHIN THE LEHIGH VALLEY GROWTH CORRIDOR WITH CONVENIENT ACCESS TO ROUTE 22, ROUTE 309, AND I-78 POSITIONED TO BENEFIT FROM THE NEW ELI LILLY MANUFACTURING CAMPUS IN UPPER MACUNGIE TOWNSHIP, A $3.5 BILLION INVESTMENT EXPECTED TO BRING APPROXIMATELY 850 PERMANENT JOBS AND THOUSANDS OF CONSTRUCTION JOBS TO THE REGION.