Jaindl Properties and Dunn Twiggar Company, together The Waterfront Development Company, commenced demolition today on pre-existing buildings located in Phase I of their $300 million project along the western banks of the Lehigh River in Allentown, Pennsylvania.
Demolition started with “Shop 2”, a former Lehigh Structural Steel Building, near the southern end of the site. Demolition on the remaining buildings in Phase I is expected to take approximately three months.
In addition to the demolition, The Waterfront partners unveiled renderings of 615 Waterfront Drive and the site’s signature River Walk. 615 Waterfront Drive, the eight story building slated to be the first constructed at The Waterfront, will be comprised of 150,000 square feet of Class A office and 20,000 square feet of street level retail and restaurants. The River Walk will extend along the half-mile of the project’s direct river frontage and will offer walking and running paths, programmable amphitheaters, and two floating docks.
The Waterfront proudly announced that Edward Jackowski will be joining their team as the Director of Construction. Mr. Jackowski has had recent experiences with large-scale projects, like the new PPL Center in Allentown’s center city, and will be overseeing construction of the infrastructure and buildings at The Waterfront.
Lastly The Waterfront Development Company announced today that they have expanded their site to include the adjacent Lehigh Valley Dairy Building on Furnace Street in Allentown. The new addition is not part of Allentown’s Neighborhood Improvement District, but will grow The Waterfront’s total land by approximately 7%. The addition can be used for parking or market- driven future growth.
“Today marks the first step toward the redevelopment of The Waterfront, and the entire transformation of Allentown Riverfront District.”
Mark Jaindl President
Mark W. Jaindl is an entrepreneur, developer, banker, and philanthropist. Mr. Jaindl started his career with his father in the family business, where he worked as Chief Financial Officer. In 1996, Mr. Jaindl founded American Bank., a $700 million commercial bank, where he continues to serve as President, CEO, and Chairman. In 2011, Mr. Jaindl co-founded Jaindl Enterprises, a vertically integrated portfolio of family-owned companies based in Allentown, PA.
In addition to his business ventures, Mr. Jaindl volunteers his time as a board member and leader of multiple nonprofits throughout eastern Pennsylvania, including Camelot For Children, America On Wheels, and Good Shepherd Rehabilitation.
Mr. Zachary J. Jaindl is a businessman and philanthropist responsible for establishing cross-company synergies and maximizing efficiencies through innovation. As Chief Operating Officer and Co-Founder of Jaindl Enterprises, Mr. Jaindl manages portfolio operations, real estate acquisitions, operations financing, project leasing, and general management of each division and their respective departments.
Since co-founding Jaindl Enterprises in 2011, Zachary has overseen each of the portfolio’s brands’ operational start-up, managed millions of dollars in real estate development and redevelopment efforts, and personally directs The Waterfront project: a $350 million lifestyle development along the Lehigh River’s western banks.