3948 Portland St, Coplay, PA 18037

$1,390,000

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List Price
$1,390,000
Days on Market
1
Status
ACTIVE
MLS#
PALH2016390
County
Lehigh
School District
Parkland

Property Description

TO BE BUILT - 3948 Portland St, Coplay PA 18037 • FULLY APPROVED 39-UNIT MULTIFAMILY DEVELOPMENT IN NORTH WHITEHALL TOWNSHIP - FINAL APPROVALS ARE IN PLACE - BUILDER IN PLACE • MYLAR IS READY TO BE RECORDED - NPDES PERMIT IS APPROVED. ACT 2 ENVIRONMENTAL CLEARANCE IS COMPLETE • DEMOLITION PERMIT CAN BE PULLED IMMEDIATELY. SHOVEL READY PROJECT • CURRENT MUNICIPAL INSPECTION ESCROW OF APPROXIMATELY $20,000 IS ALREADY ESTABLISHED FOR CONSTRUCTION • PP&L HAS AGREED TO RELOCATE THE POWER LINES AT NO COST TO THE PROJECT, ELIMINATING APPROXIMATELY $80,000 IN ANTICIPATED COSTS • CURRENT CONSTRUCTION BUDGET INCLUDES APPROXIMATELY $500,000 IN CONTINGENGY • ADDITIONAL VALUE ENGINEERING AND REBIDDING OPPORTUNITIES STILL EXIST WITHIN THE CONSTRUCTION BUDGET • LOCATED WITHIN THE LEHIGH VALLEY GROWTH CORRIDOR WITH CONVENIENT ACCESS TO ROUTE 22, ROUTE 309, AND I-78 • POSITIONED TO BENEFIT FROM THE NEW ELI LILLY MANUFACTURING CAMPUS IN UPPER MACUNGIE TOWNSHIP, A $3.5 BILLION INVESTMENT EXPECTED TO BRING APPROXIMATELY 850 PERMANENT JOBS AND THOUSANDS OF CONSTRUCTION JOBS TO THE REGION.

Additional Information

Area
Coplay Boro (12306)
Subdivision
Coplay Boro
School District
Parkland
Heating
Hot Water
Heating Fuel
Other
Cooling
Other
Water
Public
Sewer
Public Sewer
Basement
Yes

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Listing courtesy of Steel City Realty. Contact: 4848959005