[CPEO-BIF] Majestic Center, Bethlehem, Pennsylvania

[Lenny Siegel <lennysiegel@gmail.com>]

5,000 new jobs in store at last Bethlehem Steel tract
$500 million Majestic center would lease to national companies

By Nicole Radzievich and Matt Assad
Allentown Morning Call (PA)
May 13, 2008

More than a dozen years after Bethlehem Steel's blast furnaces shut 
down, billionaire developer Ed Roski Jr. promised Monday that he will 
bring up to 5,000 jobs to the Lehigh Valley as he redevelops the final 
441-acre chunk of Steel land over the next six years.

His proposed $500 million Majestic Bethlehem Center includes massive 
buildings -- up to a million square feet each -- that would be leased to 
national companies as early as next year. It would launch the Northeast 
division of Roski's Majestic Realty Co., based in California, and house 
a regional office.

...

During that time, Majestic had to figure out how it would make the 
project work on a brownfield site -- soil contaminated after a century 
of steelmaking -- while litigating a federal lawsuit, in part, over 
environmental cleanup.

...

For the entire article, see
http://www.mcall.com/news/local/all-a1_4majesticbox.6403915may13,0,3662087.story

--


Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org



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