{"id":212393,"date":"2026-06-06T11:28:08","date_gmt":"2026-06-06T11:28:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-pa\/212393\/"},"modified":"2026-06-06T11:28:08","modified_gmt":"2026-06-06T11:28:08","slug":"eastons-newest-apartment-complex-could-provide-boost-housing-at-all-income-levels","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-pa\/212393\/","title":{"rendered":"Easton&#8217;s newest apartment complex could provide boost housing at all income levels"},"content":{"rendered":"<p>For Easton officials and residents, there was plenty of hope Thursday afternoon as they cut the ribbon on The Confluence, <a href=\"https:\/\/www.mcall.com\/2026\/02\/17\/take-an-early-look-inside-the-lehigh-valleys-next-soon-to-be-completed-apartment-complex\/\" rel=\"nofollow noopener\" target=\"_blank\">the latest downtown apartment complex<\/a>.<\/p>\n<p>The site at the corner of Third Street and Larry Holmes Drive was once a symbol of what was wrong with the downtown, they said. A former Days Inn there \u2014 dubbed the \u201cDays Out\u201d by Mayor Sal Panto \u2014 was a den of drugs and crime.<\/p>\n<p>That\u2019s long gone. The hotel was demolished in 2018 after the city acquired the property and gave the greenlight to Peron Development to build on the three-acre tract after a bid to relocate the Da Vinci Science Center from Allentown fell through.<\/p>\n<p>The $70 million project \u2014 the largest residential undertaking in the city\u2019s history \u2014 is projected to not only enhance the downtown, but act as a catalyst for housing at all economic levels across the city.<\/p>\n<p>\u201cWhat I\u2019ve always admired from the outside looking in is sort of how organic the growth in Easton has been, and that they\u2019ve done it really the hard way, block by block, storefront by storefront,\u201d said John Callahan, Peron\u2019s director of business development<\/p>\n<p>Peron teamed up with City Center Group to build the 291,261-square-foot, six-story building with 274 apartments and retail space. There are one- and two-bedroom offerings, along with studios. Rents start at $1,450 per month.<\/p>\n<p>The Confluence complements its sister complex, The Marquis, that City Center opened last year just up Third Street. Between them in the future will be <a href=\"https:\/\/www.mcall.com\/2026\/02\/13\/a-lehigh-valley-developer-is-switching-things-up-by-offering-condos-for-sale-instead-of-apartments-to-rent\/\" rel=\"nofollow noopener\" target=\"_blank\">the Residences at The Lynden<\/a>. When completed in 2027, the seven-story building at 101 S. Third will feature 73 luxury condominiums ranging in size from one-bedroom to penthouse.<\/p>\n<p>\u201cUrban development is always complicated and risky, right?\u201d said state Sen. Lisa Boscola, D-Northampton. \u201cBut these projects are worth it, because they pay real dividends. Projects like The Confluence are the engines that drive regional growth.\u201d<\/p>\n<p>Panto said projects such as The Confluence will only add to the city\u2019s coffers, bringing in about $1 million annually in local tax revenue that goes toward funding infrastructure, schools and safety while keeping property taxes stable.<\/p>\n<p>\u201cThere\u2019s 25% of people who hate development in downtown and all these big buildings,\u201d Panto said. \u201cBut they don\u2019t hate the fact that their property taxes haven\u2019t gone up in 19 years. They like that.\u201d<\/p>\n<p>The Lehigh Valley <a href=\"https:\/\/www.mcall.com\/2026\/04\/22\/lehigh-valley-housing-shortage-chamber\/\" rel=\"nofollow noopener\" target=\"_blank\">is facing a housing shortage<\/a> of about 9,000 units, according to the Lehigh Valley Planning Commission, and while The Confluence does put a dent in that, <a href=\"https:\/\/www.mcall.com\/2025\/07\/09\/easton-workforce-housing-law\/\" rel=\"nofollow noopener\" target=\"_blank\">there were questions about affordable housing<\/a> and how market-rate buildings can also have a positive impact.<\/p>\n<p>City Councilman Frank Pintabone, who was among the speakers, said that developers who receive tax breaks for their projects are required to set aside 10% for workforce housing or a $10,000 per-unit fee to be put in an affordable housing fund.<\/p>\n<p>Legislation was introduced in Easton City Council last week to increase that set-aside to 25%.<\/p>\n<p>\u201cI created a bill that passed last year where all developers [of] properties like this that have received any concession \u2014 grant, a tax break, anything \u2014 have to allocate 25% of their units to workforce housing,\u201d Pintabone said. \u201cAnd if not, they have to pay a fee to the city, and we\u2019ll use it to create those units.\u201d<\/p>\n<p>He said the affordable housing fund has helped build new units in Easton, including an eight-townhome development on the South Side sold to moderate-income, first-time homebuyers. Panto said that the fund is being used in at least 20 other projects around the city.<\/p>\n<p>Callahan cited a study by the Federal Bank of Philadelphia that said luxury spaces often help with affordability as residents moving into them free up more affordable housing units down the ladder, creating an upward mobility chain.<\/p>\n<p>\u201cThe biggest issue with affordable housing right now in the Lehigh Valley is there\u2019s not enough supply,\u201d said Callahan, a former Bethlehem mayor. \u201cThat\u2019s driving up demand, therefore driving up the cost. So anything at any end of the spectrum that adds to the supply, should help the demand and make things more affordable.\u201d<\/p>\n<p>Morning Call reporter Evan Jones can be reached at ejones@mcall.com.<\/p>\n","protected":false},"excerpt":{"rendered":"For Easton officials and residents, there was plenty of hope Thursday afternoon as they cut the ribbon on&hellip;\n","protected":false},"author":2,"featured_media":212394,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[75803,153,155,154,2181,6290,157,182,139,434,28,432],"class_list":["post-212393","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bethlehem","tag-affordable-housing-crisis-room-for-more","tag-bethlehem","tag-bethlehem-headlines","tag-bethlehem-news","tag-easton","tag-easton-area","tag-lehigh-valley","tag-local-news","tag-news","tag-northampton-county","tag-pennsylvania","tag-top-stories-tmc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/212393","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=212393"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/212393\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media\/212394"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media?parent=212393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/categories?post=212393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/tags?post=212393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}