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LEHIGH VALLEY WEATHER

Former bank project receives $1 million investment

Main Street Matters program to help revitalize property for mixed use

State Sen. Nick Miller, D-14th, has announced Northampton Borough will receive $1 million via a district development grant from the Main Street Matters program to revitalize the former Cement Bank building on Main Street into a mixed-use site.

“Revitalizing vacant and underutilized buildings is essential to better serve residents, strengthen our communities and address the need for housing in the Lehigh Valley. Transforming the vacant Cement Bank property is exactly the type of revitalization that Main Street Matters was designed to champion,” Miller said. “The additional housing and retail space will further add to the welcoming core of Northampton’s Main Street.”

“This grant is a tremendous, exciting boost to the borough of Northampton. With such a storied, anchor structure as the Cement National Bank, we’re excited to start the revitalization this historic building deserves,” Northampton Mayor Tony Pristash said. “We thank Governor (Josh) Shapiro, PADCED (Pennsylvania Department of Community and Economic Development), our state legislators, Sen. Nick Miller and Rep. Zach Mako, and the Northampton Borough Council for investing in Northampton’s Main Street and those considering Northampton for their business.

“We look forward to working with the PADCED and the developer to execute this most appreciated award, as we continue to build a stronger, healthier business community here in Northampton,” Pristash added.

With this $1 million investment, Northampton Borough’s former Cement Bank building will be renovated and restored into a mixed-use development, featuring affordable housing with 12 apartments on the upper two stories — including Americans With Disabilities Act-accessible units — and a 7,000-square-foot first-floor commercial space.

“This transformative investment in Northampton Borough will provide a substantial economic boost to the borough,” Miller said. “Thanks to Governor Shapiro’s Main Street Matters program, we will continue to enhance our region’s Main Streets, support local businesses and attract more local tourism.”