City officials on Tuesday night unveiled plans to build a 1,000-space parking deck and bus station on Third Street near the former Bethlehem Steel Co. property, but probably won’t go ahead with plans until more of the site is developed, according to this story in The Express Times.
The parking will probably not be needed until the former Steel General Office building is rehabilitated and converted into a residential complex. However, city officials said there is a more pressing need for a new SouthSide bus depot for TransBridge and Bieber Tourways, since the current station is dilapidated.
The city is currently sitting on a three-year-old $495,000 federal grant to design the facility, which must be used soon, according to city Community and Economic Development Director Joseph Kelly.
Construction is expected to cost between $17 million and $25 million and would be financed by the Tax Increment Financing district. The plans were presented at a special public meeting hosted at the