Thursday, November 13, 2008

In the news....

Two interesting stories in the news to report today. The first is an outstanding story about giving back to the community. Alvin H. Butz, Inc., is donating $250,000 to Valley Vision 2015, the urban revitalization effort by the Greater Lehigh Valley Chamber of Commerce. In this economic climate, that is an incredibly difficult thing to do and Butz should be commended for their commitment to the community. It is too easy for construction companies and developers to ignore cities in the name of making the quick and easy profit, but Butz is proof that you can redevelop urban cores and still be extremely successful.

The second is more good news about our local economy, at least in the short-term. As reported in the Express Times, for the first time in years, gas prices have fallen below $2.00 in some New Jersey gas stations. If this trend continues, Lehigh Valley gas may soon see the same decline. This makes for an interesting question - what will the effect of this gas decline be on our urban cores?

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