A Catalyst for the
Join the Resurgence. Choose Allentown.
The Allentown Neighborhood Improvement Zone Development Authority (ANIZDA) oversees and manages the Neighborhood Improvement Zone (NIZ) – a special district created by state law that is being utilized to encourage development and revitalization in center city Allentown and along the western side of the Lehigh River.
The NIZ is a powerful economic development program that has spurred over $1 billion dollars in redevelopment activity utilizing a unique tax incentive and financing tool.
The Impact
The NIZ is a powerful economic development program that has spurred a billion dollars in redevelopment activity, including entertainment, commercial, retail, residential, hospitality, conference and exhibition projects of approved applicants. To date, projects funded through ANIZDA have generated:
$
0
B+
Total Investment ($)
0
Employees
0
M+
Real Estate Taxes
0
M+
Arena Visitors
0
M+
Square Feet
0
+
Apartment Units
What's New? All Articles
August 15, 2023
ANIZDA Seeks Proposals for Community Event at PPL Center
The lease between the operator of PPL Center and the Allentown Neighborhood Improvement Zone Development Authority (ANIZDA) provides for up...
June 16, 2023
Allentown Transportation Center Wins 2023 Award of Excellence from Urban Land Institute
ULI’s Philadelphia chapter recognizes the newly redesigned transit plaza in the award’s Open Space category. ALLENTOWN, Pa., June 16, 2023...
June 8, 2023
PPL Corporation to relocate headquarters to Two City Center, downtown Allentown
Company reaffirms strong commitment to Allentown with long-term lease agreement and initiates a process to sell current headquarters complex. ALLENTOWN,...