The Falls Township Board of Supervisors unanimously approved a shift in NorthPoint Development’s previously authorized plans for building 20 of the 1,800-acre U.S. Steel redevelopment project during their meeting earlier last week.
The board granted preliminary and final land development approval in November for the developer to construct a 267,000-square-foot building as part of the multi-phase Keystone Trade Center project. However, attorney Mike Meginnis said that talks with a potential tenant necessitated the construction of two buildings – a 126,000-square-foot warehousing building and a 125,000-square-foot manufacturing operation, said officials.
T
he 32.2-acre parcel where the buildings would be constructed is zoned materials processing and manufacturing and is located at 801 Dean Sievers Place.
As part of the mammoth NorthPoint redevelopment, the Supervisors had previously authorized construction of several million square feet of warehouse space. In all, NorthPoint intends to build 20 or more state-of-the-art industrial warehouse buildings totaling 10 million square feet, with the potential for 15 million square feet, according to the township. officials said.
Officials have said that once complete, the redevelopment will create as many as 14,000 new jobs.
The overall development is expected to continue for several more years, NorthPoint Development Director of Development Jeremy Michael said previously.
The developer will invest $1.5 billion in the transformation of the site. In all, NorthPoint will spend an estimated $40 million to $45 million to remediate the site, posted on Falls website.
Recent Comments