3/30/2012

City Center Investment Corp. has secured $135 million in loans from the city of Allentown, Pa., to push forward with a $200 million development project that would include three office complexes and a 175- to 225-room hotel. The complex would complement a $158 million hockey arena planned for the area, expected to open by 2013. City Center hopes to follow up the construction with a second phase that would add another hotel, retail spaces and more office buildings to bring the total investment to $500 million.

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