For five years, the Lehigh Valley has seen a sharp shift in the types of development.
The market is migrating from single-family detached residential construction, the primary development type for more than 50 years, to assisted living and apartment communities and warehouse, logistics and commercial box-manufacturing buildings.
These trends are expected to continue in 2016, though the length of the growth in greenfield freight-based facilities is anticipated to level off around 2020, as key locations around critical highway and freight rail lines will be developed.
This will cause densification of freight facilities and open redevelopment opportunities around highway interchanges and along primary and secondary rail-freight corridors throughout the region.
(via LVB.com)