ACR development is constructing a classic car restoration facility at the Klein Building...
Constructed in 1913, the original complex housed the former Neuweiler & Son Brewery until its eventual closing in 1968. Today the site is on the National Register of Historic Places, sits on 4.25 acres of valuable NIZ real-estate, and is poised to once again become an inconic landmark for the City of Allentown.
2.0 acres of NIZ for new construction
Situated on the northeast corner, this NIZ real-estate is perfectly suited for an innovative project complimenting the overall vision for the development. Contact us today for more information.
BUILDING F : 4 FLOORS (44,345 SQ FT)
Currently four open floor plates perfectly suited for office tenancy, Building F features exquisite brick and steel construction connects with the magnificent six-story brewhouse, creating an environment that is truly unique..
BUILDING J : 3 FLOORS (41,821 SQ FT)
The previous home to the Neuweiler and Son’s bottling plant,, Building J is currently three open floorplates of architectural excellence. It’s beautiful brick construction and elegant copper awning have been an iconic part of the waterfront for nearly 100 years - offering an experience unlike anything currently in the market.
Created by a state law in 2011, the Neighborhood Improvement Zone (NIZ) is a special taxing district that encourages development and revitalization in Allentown. The NIZ consists of approximately 128 acres in the center city of Allentown and along the western side of the Lehigh River, referred to as the Waterfront.
NIZ Benefits to TENANTS
Rent for Tenants subsidized by as much as 70% below market.
NIZ Benefits to DeveloperS
Taxes generated by Tenants are may be refunded to the developer, creating a competitive advantage in rental rates and the ability to revitalize a valuable historic treasure.