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Ashley Development Corporation logo

Ashley Development Corporation

Bethlehem, PA 11–50 employees 7 principals

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Last updated 1w ago

About Ashley Development Corporation

Ashley Development Corporation is a real estate operator headquartered in Bethlehem, PA. Ashley Development Corporation operates in Allentown-Bethlehem-Easton, Pennsylvania-New Jersey. Its investment focus is on Affordable Housing, Condominiums and Historic Tax Credits.

Ashley Development Corporation is a real estate investment and development firm headquartered in Bethlehem, Pennsylvania. Founded in 1989, the privately held company has completed 37 years of continuous operation under the leadership of President Lou Pektor and Vice President Chris Pektor. The enterprise focuses on both the residential and commercial real estate sectors, specializing in complex urban revitalization, historical rehabilitation, and adaptive reuse projects. Its geographical pipeline concentrates heavily on the Lehigh Valley region of Pennsylvania. The firm's residential track record encompasses developments valued at over 200 million dollars, including single-family homes, townhomes, condominiums, and multi-family communities. Notable commercial and mixed-use achievements include the 45 million dollar historical transformation of the former Bethlehem Steel Johnson Machinery Shop into the 4.5-acre Riverport complex, which features 171 condominium units alongside dining and fitness facilities.

Principals at Ashley Development Corporation

Principal details are a Pro feature

7 principals on file

Names, titles, verified emails, phone numbers, and LinkedIn for every decision-maker at this firm — unlocked with a Pro membership.

Recent activity at Ashley Development Corporation

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Ashley Development Corporation's project portfolio

7 projects on file · Residential (general) (4), Multifamily (2), Commercial (general) (1)

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Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.

Markets and themes

Markets Ashley Development Corporation operates in

  • Allentown-Bethlehem-Easton, Pennsylvania-New Jersey

Investment themes at Ashley Development Corporation

  • Affordable Housing
  • Condominiums
  • Historic Tax Credits
  • Medical Office & Healthcare
  • Multifamily - Ground-up
  • Multifamily - Value-Add
  • Senior Housing
  • Single-Family Homes
  • Standalone Retail
  • Suburban Office
  • Urban Office
  • Workforce Housing

Capabilities

  • Assemblage
  • Construction Management
  • Custom Homes
  • Economic Development
  • Public-private partnerships
  • Site Development
  • Urban infill

Operators similar to Ashley Development Corporation

  • Saunders Construction
    Established tierSenior HousingHistoric Tax Credits+9 more themes
  • Ellicott Development Company
    Established tierHistoric Tax CreditsWorkforce Housing+8 more themes
  • Buligo Capital
    Established tierSenior HousingWorkforce Housing+7 more themes
  • The Daimler Group
    Established tierSenior HousingWorkforce Housing+7 more themes
  • Republic Family of Companies
    Established tierWorkforce HousingStandalone Retail+7 more themes
  • Adderstone Group
    Established tierHistoric Tax CreditsWorkforce Housing+7 more themes
  • City Realty Group
    Established tierWorkforce HousingStandalone Retail+7 more themes
  • Prado Group
    Established tierSenior HousingWorkforce Housing+7 more themes
  • Edge Realty Partners
    Established tierWorkforce HousingStandalone Retail+6 more themes
  • ABS Partners
    Established tierStandalone RetailUrban Office+6 more themes

Frequently asked questions about Ashley Development Corporation

What does Ashley Development Corporation do?
Ashley Development Corporation is a real estate investment and development firm headquartered in Bethlehem, Pennsylvania.
Where is Ashley Development Corporation based?
Ashley Development Corporation is headquartered in Bethlehem, PA.
What markets does Ashley Development Corporation operate in?
Ashley Development Corporation is active in Allentown-Bethlehem-Easton, Pennsylvania-New Jersey.
How many employees does Ashley Development Corporation have?
Ashley Development Corporation has 11–50 employees.
Ashley Development Corporation cover image

Ashley Development Corporation at a glance

Tier
Established
Operator type
Developer, Owner
Headcount
11–50
Units owned
1,000-5,000
Units managed
1,000-5,000
Property mgmt
Self-Managed
Markets
1
Principals
7

Contact Ashley Development Corporation

510 Main St, Bethlehem, PA 18018, USA
ashleydevelopment.com/about-us