Friday, April 20, 2012
J.B. Reilly Courting Cigars Internatonal For NIZ?
Although I've been unable to get confirmation from Craig Reynolds at Cigars International, very reliable sources tell me that Neighborhood Improvement Zone (NIZ) developer J.B. Reilly is courting this company to move into the NIZ.
Its state tax revenue makes it a very attractive tenant.
Cigars International is currently operating at a 115,000 square feet facility within Lehigh Valley Industrial Park VII, which is part of Bethlehem's 1600-acre brownfield.
Can you justify poaching a business that pays taxes from a brownfield in Bethlehem to a subsidized site in Allentown, where it will pay none?