Dream Lehigh Valley, which had its grand opening in Q2 of this year, is off to a remarkable start. The community features 200 one- to three-bedroom apartments, townhomes and cottages.
This property is living proof of what we know, and what our company stands for–that the workforce is in desperate need of housing that is affordable for the area workforce. Dream Lehigh Valley is currently 98% occupied. Major employers including St Luke’s Healthcare System, Aptiv Environmental LLC, and Sanofi Pasteur comprise 36% of leases to-date–showing that we did our homework, recognizing the need for a quality rental housing community for the workforce in that market. These numbers show the real demand–no rental discounts or concessions have been given in order to attract tenants.