The Allentown Planning Commission gave developer J.B. Reilly permission Tuesday to raze half a dozen downtown buildings to make way for the $20 million upscale apartment complex known as Strata II.
Situated at the southwest corner of Sixth and Linden streets, the mostly two-bedroom luxury apartments are being marketed to baby-boom empty-nesters and millennials looking for urban housing alternatives, according to Reilly, CEO of Center City Investment Corp. He called Strata II the conduit between the city’s arts and PPL Center arena districts.
The apartments are expected to fetch monthly rentals between $1,000 to $1,500.
The project will measure five stories with ground level retail space, a courtyard, a green rooftop to aid drainage efforts and a walkway connecting Miller Symphony Hall across the street to the remainder of the downtown arts district.