BETHLEHEM, PA. — Development has commenced for The Plaza on 8th, a 9.5-acre retail and office complex located at the corner of Eighth and Eaton avenues in Bethlehem. The project will be built on the site of the former offices of Bethlehem Steel Corp., which have been demolished to make way for the new construction. Phase I will include the demolition, site improvements and traffic flow improvements. In addition, a commercial building, a retail strip center, a future restaurant, and pad sites for CVS/pharmacy and PNC Bank will be built. Phase I construction costs are estimated to total $19.5 million. Phase II will include the construction of a multi-story, Class A office building. PNC and CVS will break ground for their buildings this summer. The developer of The Plaza on 8th is locally based DB3 LLC. Allentown, Pa.-based Summit Management & Realty Co is serving as project manager, listing agent and property manager.
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