Falls Twp. OKs 2nd Phase Of NorthPoint Redevelopment Project

Levittown PA

28 February, 2022

2:21 PM

Description

FALLS TOWNSHIP, PA — Falls Township Supervisors voted unanimously to grant preliminary and final land development approval of the second phase of the NorthPoint Development project at a meeting on Wednesday, Feb. 23. The massive redevelopment of the former U.S. Steel site will continue as planned, with the construction of three additional warehouse buildings to be used by the property to take place in the near future. The first phase of construction, which was authorized by the Bard last year, saw the construction of the first three warehouse buildings. According to Falls Township Engineer Joseph Jones, the third building is still being built. Each new structure will be more than 1 million square feet, for a total of 3.1 million square feet in all. The new buildings will be constructed on 188 acres of land situated at the southeast corner of Old Bordentown Road and South Port Avenue in the Keystone Trade Center. Jeremy Michael, NorthPoint's Director of Development, said he hopes to have the first tenant occupying space by the end of the year. Michael anticipates breaking ground for the new warehouse this year. The project is expected to be completed by 2023. The overall development is expected to continue for another five or six years, according to Michael. Full-time jobs will be made available this year for those working on the project, and more "ramping up" of construction to take place next year. NorthPoint intends to construct up to 15 million square feet of warehousing. The endeavor is expected to create between 5,000 and 10,000 new jobs. It is expected that NorthPoint will spend an estimated $40 million to $45 million to finish the whole redevelopment.