Business News

The combination of higher home prices and higher interest rates are making homes unaffordable for many — and putting a damper on the market.

$798,869 is set for a Turkey Hill Mini Market in Allentown off of I-78, Exit 57 and $727,420 is designated for a charging station at the Wawa off I-78 Exit 49 A-B

The Pennsylvania Liquor Control Board (PLCB) has unveiled plans to allocate expired restaurant licenses, marking the 12th auction since Act 39's implementation in August 2016.

Musikfest is “the tip of the spear” for Lehigh Valley’s tourism industry, drawing more than 1 million people to the region, ArtsQuest CEO Kassie Hilgert said.

Exchange 32 earned approval for its plans to keep parking two dozen tractor-trailers outside a vacant office building on South 12th Street.

Take a look at stories that ran throughout the week of which we are most proud, had a profound impact on readers or that you might want to look at again.

HangDog Outdoor Adventure opened its doors Friday, offering visitors plenty of adrenaline-rush inducing options throughout its massive 115-element obstacle center.

Dorney Park will soon build a new steel dive roller coaster at its park called Iron Menace, paying homage to the Lehigh Valley's industrial heritage.

The resort in Pocono Township, Monroe County, underwent a $125 million renovation and expansion — its biggest improvement project since opening 18 years ago.

A new Sheetz at 2901 Lehigh St. is set to open on Saturday, Aug. 12. On the following Monday, Aug. 14, the store will host a grand opening event where customers can get free coffee and have a chance to win prizes.

$2.5 million of renovations are completed for the Victory Firehouse in Southside Bethlehem as BSI Corporate Benefits' new headquarters. The renovations include modern office spaces, technology improvements, a new kitchen and re-adding firehouse-like garage doors.

Allentown officials and City Center representatives have said the new zoning regulations will lay the "framework" for the developer's ambitious plans.

Blackstone Structures’ Gary Newman said he considered refurbishing or moving the buildings in lieu of knocking them down, but those projects were too expensive and infeasible.

Another pediatric emergency room now is open in the Lehigh Valley. St. Luke’s University Health Network on Monday opened the Isaacman Family Children’s Emergency Room, after establishing a children’s hospital this past June.

The monthly report from the Greater Lehigh Valley Realtors shows home sales down 32 percent in September from September 2022. Low inventory and higher mortgage rates are to blame, officials say.

Pharmacy chain Rite Aid said late Sunday that it has filed for bankruptcy and now is focused on a restructuring plan that will close underperforming stores — including several in the Lehigh Valley.

Take a look at stories that ran throughout the week of which we are most proud, had a profound impact on readers or that you might want to look at again.

City planners voted 3-0 to approve land development plans for the hotel. The developer has a number of tasks to complete before receiving building permits.

Though Ideal Tower will have three fewer floors than the PPL Tower, it's set to stand 326 feet high — four feet taller than the iconic Allentown structure.

The Upper Macungie Planning Commission will discuss a plan for a manufacturing facility at 110 PA Route 100. A 150,000-square-foot warehouse has been proposed at the same site.

Western Lehigh Services, a commercial landscaping and snow management firm, is planning expansion into a new location in Lower Macungie Township.

The organization has supported children with cancer insuring they have an angel watching over them.