Allentown
43° F
Clear
Clear

N.J. company makes offer to city for land near Hill to Hill Bridge

By Len Righi, WFMZ.com Reporter
Published On: Apr 02 2013 10:33:07 PM CDT
Updated On: Apr 03 2013 06:37:36 AM CDT
BETHLEHEM, Pa. -

A deal is in the works for an odd-shaped city-owned tract of land near the Hill to Hill Bridge in Bethlehem.

An announcement was made at city council's meeting Tuesday night that Triple Net Investments XXXI, of Asbury, N.J., is offering $45,000 for the land along West 3rd Street near the Perkins restaurant.

The company plans to build a 24,000 square foot, three-story office building on the land, according to a proposed agreement of sale presented to council.

"It's the only corner in that area without a building," said Mayor John Callahan.

The land will be consolidated into an existing parcel owned by Triple Net, Callahan added.

Members of Callahan's administration will explain details of the proposed sale at the next meeting of council's Parks and Public Property committee, council president Eric Evans said.

The committee will make a recommendation to council on whether the land should be sold, Evans said.