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Talen staying in Allentown, sources say By Matt Assad of The Morning Call PPL spinoff Talen picks Allentown over New Jersey for headquarters August 25, 2015, 10:30 PM Talen Energy, the PPL Corp. spinoff that has spent the past year searching for a spot to put its new headquarters, has decided to remain in Allentown, according to multiple sources.. Talen officials are expected to announce as early as next week that the company will be keeping its 500 employees in Allentown's Neighborhood Improvement Zone, after deciding against a multimillion-dollar package of annual tax incentives to move to New Jersey, the sources said. It remains unclear precisely where the company will land, but sources say the company has narrowed its options to the proposed $200 million Five City Center complex downtown and the proposed $325 million Waterfront development along the Lehigh River. Click here to view the full article
Talen staying in Allentown, sources say By Matt Assad of The Morning Call
PPL spinoff Talen picks Allentown over New Jersey for headquarters August 25, 2015, 10:30 PM
Talen Energy, the PPL Corp. spinoff that has spent the past year searching for a spot to put its new headquarters, has decided to remain in Allentown, according to multiple sources..
Talen officials are expected to announce as early as next week that the company will be keeping its 500 employees in Allentown's Neighborhood Improvement Zone, after deciding against a multimillion-dollar package of annual tax incentives to move to New Jersey, the sources said.
It remains unclear precisely where the company will land, but sources say the company has narrowed its options to the proposed $200 million Five City Center complex downtown and the proposed $325 million Waterfront development along the Lehigh River.
Click here to view the full article