As a business person, you are looking for a location where you can hire and retain top talent, network, collaborate and build relationships—a place to be inspired by your surroundings.
Of course, you are also seeking a location with a favorable cost of doing business. Look no further. Allentown, the third largest city in Pennsylvania and among the fastest growing in the country has harnessed the power of the NIZ to create a walkable, sustainable vibrant urban environment. The NIZ is comprised of approximately 128 acres in center city Allentown and along the western side of the Lehigh River where certain state and local tax revenues generated by new and existing businesses within the NIZ can be used to pay debt service on bonds and loans issued for qualifying capital improvements.
ANIZDA assists businesses making location decisions. If you are considering leasing space, ANIZDA staff can provide information and introduce you to developers who have available spaces in completed or planned projects within the NIZ. If you are considering developing your own project, ANIZDA staff is available to consult on site selection, marketing and the process of obtaining financing through the authority. ANIZDA’s Financing Guidelines can be downloaded below, as well as the Business Information Packet containing a list of applicable state and local taxes. Businesses within the NIZ do not incur any additional taxes as a result of the NIZ nor does it affect employees.
JOIN THE RESURGENCE
Allentown is in in the midst of an unprecedented resurgence – and the NIZ is an ideal location to grow your business.
The Center of it All
Just 90 minutes from New York City and 1 hour from Philadelphia, but with a lower cost of doing business.
A Skilled Workforce
This region of over 650,000 residents is home to 10 colleges and universities.
A Lifestyle That Retains Talent
Host to arts and cultural attractions, festivals, public parks and spectator sports all contributing to a quality of life that attracts and retains top talent.
Corporate Neighbors
Home to offices of respected corporations including PPL, ADP, Lehigh Valley Health Network, Truist and Morgan Stanley.