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LVEDC andNorthampton County
DON CUNNINGHAMPRESIDENT & CEO
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LVEDC Mission
The mission of the Lehigh Valley
Economic Development Corporationis to market the economic assetsof the Lehigh Valley and to serve as
a regional shared services andresource center to help businesses tocome, grow, and start here.
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Lehigh Valley at a Glance
$35.4 Billion GDP
Larger than the entire state of Vermontand 94 other countries in the world
Site Selectionmagazine
–
March 2015The Lehigh Valley was ranked the top-
performing region for economicdevelopment in the Northeastern United
States
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Lehigh Valley at a Glance
9 of 19 projects in 2015 were international
I2R Nanowave (Canada)
Lower Macungie, Manufacturing
Malmedie (Germany)
Upper Macungie, Manufacturing
Nihon Koden (Japan) South Whitehall, Bio-Tech
SunOpta (Canada)
Upper Macungie, Food & Beverage
Inditex (Spain)
Forks, Clothing Distribution
MBD – Safran (France)
Lower Nazareth, Aerospace
Primark Stores (Ireland)
Bethlehem, Clothing Distribution
Ricoh (Japan)
Hanover (NC), Electronics
Norac (France)
Forks, Food & Beverage
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Economic Snapshot
Economic base is diversified
$5.24$5.01 $4.95 $4.84
$2.22
$1.61 $1.53 $1.36
$0
$1
$2
$3
$4
$5
$6
FINANCE & REALESTATE
BUSINESS SERVICES MANUFACTURING EDUCATION &HEALTH CARE
RETAIL TRADE TRANSPORTATION& WAREHOUSING
INFORMATION ARTS &ENTERTAINMENT
B i l l i o n s
Lehigh Valley GDP by sector
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LVEDC Business Recruitment &
Marketing Outreach: 2015-2016
Site Selectors Guild Conference, Spring/Fall
Area Development Foreign DirectInvestment Forum
Industrial Asset Management CouncilSpring Professional Forum
I-95 Corridor Coalition Freight Academy
European Foreign Direct Investment Visits
Area Development Consultants Forum
Bio International Convention
CoreNet Global Summit
NAIOP Commercial Real EstateConference
National Brownfields Conference
Site Selectors Guild Spring
IEDC Executive Leadership Roundtable
IAMC Spring & Fall Professional Forum
World Forum for Foreign Direct Investment
NAIOP Industrial Conference
IEDC Annual Conference
CoreNet Global Summit
SelectUSA Investment Summit
Regional Brownfields Conference
SIOR 2016 Fall Conference
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Major Deliveries & Deals
- Industrial
1185 Feather Way
179,000 SF
10 Emery St
880,000 SF
Primark 2485 Commerce Center Blvd
677,000 SF
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Major Deliveries & Deals
- Industrial
SAFRAN MBD50 New Jobs
50,000 SFREEB Millwork267 Jobs Retained
175,000 SFTYBER MEDICAL25 New Jobs
40,000 SF
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Major Business Expansion
MANUFACTURINGFLEXICON
91,000 SF
C&S Wholesale Grocers500 New Jobs
579,000 SF
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Redevelopment in
Northampton CountySimon Silk Mill, EastonLVLRI Funds: $175,000Delivery: 2016 (Phase I)
Easton Public MarketLVLRI Funds: $3,000Delivery: 2016
GKEDC Industrial Park II, WindGap
LVLRI Funds: $148,000Delivery: 2017
LVLRI dedicated$150,000 of assessmentdollars in NC in 2015.
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2016 Pipeline
INDUSTRIALFedEx Ground Hub –
Largest in system
1 million+ SF
FOOD/BEVERAGENORAC
79,160 SF62 jobs
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Source: ChrinCommerceCentre.com
2016 Pipeline
Chrin Commerce Center 800 acres along Rt. 33 in Northampton County
Duke Realty
1.1 million SF – delivered Q1 2016
1 million SF
630,000 SF
DCT Industrial
425,000 SF – leased to FedEx and Inditex
Remainder to be manufacturing, office, retail,hotel, and medical
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2016 Pipeline
Bethlehem Commerce Center LVIP VII
1000 Acres on former Steel lands
Majestic Bethlehem Center
Five additional buildings are planned
Building #3 2,000,000 SF, Building #3 is fully entitled, shovel ready
and available for lease.
Intermodal
First retail project recently announced
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Northampton County
Sub-regional marketing campaign
One-minute video
highlighting assets ofeach area
Brochures with overviewinfo about each area
High-quality photos touse on websites and inmarketing brochures
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Northampton County
Sub-regional marketing campaign
Website with video, photos,
assets, demographics, andcurrent opportunities
SelectNorthamptonCounty.
com
https://www.youtube.com/u
ser/LVEDC
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LVEDC and NorthamptonCounty
DON CUNNINGHAM
PRESIDENT & CEO
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