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MEDIA RELEASE

Alvin H. Butz, Inc. Breaks Ground on Office Building in Allentown, its Third Redevelopment Project Since 2006

Allentown, PA, July 14, 2015 . . . Alvin H. Butz, Inc. marked the celebration of another redevelopment project in downtown Allentown today with a groundbreaking ceremony for Phase III of the Butz Corporate Center located at Ninth and Hamilton Streets. The firm has been headquartered in Allentown since 2006, when it moved its offices from South Whitehall Township to the struggling downtown with hopes of encouraging additional developers to do the same. In 2013, it expanded the original Butz Corporate Center and has successfully leased 95% of the building with only 5,000 square feet of retail space available on the first floor.

Phase III will include 60,000 square feet of class-A office space on seven floors and one level of parking with 43 parking spaces. United Fiber and Data's Regional Sales Headquarters will move its offices from the current Butz Corporate Center to Phase III, occupying one floor. The remaining 52,000 square feet of office space is available for lease. Nancy Unangst with Keller Williams is the leasing agent.

"Our firm and the Butz family are overwhelmed with the progress and revitalization taking place in downtown Allentown thanks to the Neighborhood Improvement Zone and investment from other private developers like City Center and The Waterfront," says Greg L. Butz, president and CEO of Alvin H. Butz, Inc. "We never dreamed there would be this much progress in Allentown when we moved our headquarters here 10 years ago; it has been an amazing adventure and we're so proud to play a part in its continued growth."

Designed by Roberson Butz Architects, the building features a black façade juxtaposed against the steely glass backdrop of the Butz Corporate Center Phase I and II building. Alvin H. Butz, Inc. will be the construction manager on the project, which is expected to be completed in Spring 2016.

"We are pleased to have the commitment of our first tenant, United Fiber and Data, who we formed a partnership with in 2013. UFD, Think Loud Development and the band members of +LIVE+ share in our passion and philosophy for redevelopment. They are one of the reasons we can move forward with this expansion," says Butz.

The project is expected to bring another 175 jobs into the urban core.

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ABOUT ALVIN H. BUTZ, INC. AND THE BUTZ FAMILY OF COMPANIES: The Butz Family of Companies, Alvin H. Butz, Inc., Shoemaker Construction Co. and Alexander Building Construction Co., provides exceptional, comprehensive construction management and design/build services, led by strong values and complete satisfaction with special attention to safety, quality and value. The firm possesses significant experience in the construction of healthcare facilities, colleges/universities, corporate office buildings, hi-tech manufacturing facilities, sports and entertainment venues, government buildings, K-12 schools and retail buildings serving Pennsylvania, New Jersey and northern Delaware.


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840 W. Hamilton Street, Suite 600, P.O. Box 509, Allentown, PA, 18105-0509 • Phone: (610) 395-6871 Fax: (610) 395-3363
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