{"id":205441,"date":"2026-05-29T15:41:12","date_gmt":"2026-05-29T15:41:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-pa\/205441\/"},"modified":"2026-05-29T15:41:12","modified_gmt":"2026-05-29T15:41:12","slug":"capital-blue-cross-puts-downtown-allentown-building-up-for-sale","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-pa\/205441\/","title":{"rendered":"Capital Blue Cross puts downtown Allentown building up for sale"},"content":{"rendered":"<p>Capital Blue Cross has put its downtown Allentown building on the market, but it isn\u2019t planning to leave the city.<\/p>\n<p>The three-story building at 1221 Hamilton St. is listed for about $6 million. It is 42,684 square feet and was <a href=\"https:\/\/www.mcall.com\/2021\/12\/04\/capital-blue-cross-celebrates-4-million-renovation-to-regional-headquarters-in-allentown\/\" rel=\"nofollow noopener\" target=\"_blank\">renovated in 2021 for $4 million<\/a>.<\/p>\n<p>Michael Race, a spokesperson for Harrisburg-based Capital Blue Cross, said the insurance company is planning to remain in Allentown and is \u201cexploring options\u201d on how to use the space.<\/p>\n<p>\u201cOur goal is to fill the building to capacity with both Capital team members and other businesses, either through a potential sale with Capital leasing back a portion of the building or Capital maintaining ownership while leasing some of the space to other organizations,\u201d Race said.<\/p>\n<p>\u201cOur focus is on ensuring the building is fully utilized in a way that best supports our operations and contributes to economic activity in downtown Allentown.\u201d<\/p>\n<p>Included in the sale is a half-acre parking lot at 1401 Hamilton St.<\/p>\n<p>Tony Iannelli, president and CEO of the Greater Lehigh Valley Chamber of Commerce, said he was glad Capital Blue Cross is remaining in the city.<\/p>\n<p>\u201cThey may no longer be an owner of that facility, but their commitment to downtown hasn\u2019t changed in my conversation with them,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"Capital Blue Cross has put its downtown Allentown building on the market, but it isn\u2019t planning to leave&hellip;\n","protected":false},"author":2,"featured_media":816,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[119,153,155,154,60,433,157,182,28,1081,432],"class_list":["post-205441","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bethlehem","tag-allentown","tag-bethlehem","tag-bethlehem-headlines","tag-bethlehem-news","tag-business","tag-lehigh-county","tag-lehigh-valley","tag-local-news","tag-pennsylvania","tag-real-estate","tag-top-stories-tmc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/205441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/comments?post=205441"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/205441\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media\/816"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media?parent=205441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/categories?post=205441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/tags?post=205441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}