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 taxing 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 more than a half-billion dollars in redevelopment activity utilizing a unique tax incentive and financing tool.
Building in the NIZ?
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Explore Our Progress
PPL Center
The PPL Center is a state-of-the-art multipurpose arena in downtown Allentown, PA managed by Spectra and home of the Lehigh Valley Phantoms....
Strata East
This mixed-use urban infill project is 98,000 square feet on 5 floors, including 67 apartments, 9 retail bays, a dog park, game room and movie...
530-532 Hamilton
This property is 11,593 square feet, containing office space and the restaurant Tacos Y Tequila. The office space is currently leased to Velocity IA, LLC, which provides...
Three City Center
This mixed-use, mid-rise brick and limestone office/retail building is 166,606 square feet on 7 floors and includes first-floor retail, underground parking and is adjacent to government...
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:
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What's New? All Articles
May 19, 2023
PPL Center Event Brings $4.37 Million in Economic Impact to the Lehigh Valley
The 2023 NCAA Men’s Division 1 Ice Hockey Allentown Regionals hosted by PPL Center, held March 24 and 26 in...
December 21, 2022
2022 Year in Review
Development activity in Allentown’s Neighborhood Improvement Zone (NIZ) remained strong during 2022. It was a year that saw significant investments...
December 14, 2022
ANIZDA and Da Vinci Close on $17.45 Million in Financing to Fund Science Center
The Allentown Neighborhood Improvement Zone Development Authority (ANIZDA) has issued its $5,500,000 NIZ Term Loan Note, Series 2022 and $11,950,000...