A look at the plans approved on Monday.
Plans for the first warehouse, part of a $ 1.5 billion redevelopment of the former US steel facility in Falls Township, were approved Monday evening.
The Falls Township Board of Directors unanimously granted NorthPoint Development tentative and final land development approval to build a 1 million square foot warehouse on land near the entrance to the site. Matt Gaston, the site’s development manager, said the location for the first warehouse is the old tube mill on the 1,800-acre Keystone Trade Center property.
The company expects to start building the warehouse within a few months. A renter for the large building was not disclosed, Gaston said. NorthPoint Development builds warehouses on a speculative basis.
The first warehouse will be 49 feet high with a maximum of 194 loading dock doors, 475 parking spaces, including 18 disabled parking spaces. Trucks would enter the site primarily via Tyburn Road and Route 13. The structure will be made of concrete with external walls.
A representation of the outside of the large warehouse.
Northpoint Development expects to present plans for a further 2 million square meters of construction space in the spring.
Citing a suggestion from the Bucks County Planning Commission, Supervisor John Palmer asked about the use of green energy for the project.
NorthPoint Development’s Jeremey Michaels, a project manager, answered Palmer’s question.
“From a speculative point of view… it is difficult to get the financial data in line with the current electrical structure, but we have seen a lot of interest from various tenants. Many of them asked for solar energy and requested that the roof construction. I think there will be a lot of interest in this in the future and we will continue to evaluate that, ”he said.
Another NorthPoint Development employee said that most of the places on the west coast are where green energy like rooftop solar panels works best. The company official noted that these markets often have more than 250 days of sunshine.
The entrance to the Keystone Trade Center in January 2021.
Photo credit: Tom Sofield / LevittownNow.com
Kansas City officials at NorthPoint Development have advised the public in recent months that the Keystone Trade Center will create up to 15 million square feet of new warehouse space and 5,000-10,000 jobs with a total investment of $ 1.5 billion over the course of the year coming years. It is planned to develop the “largest industrial project for e-commerce, logistics and multi-model industry on the east coast” with space for up to 20 new buildings on a speculative basis.
All three tax authorities for the property – the Bucks County Commissioners, Falls Township, and the Pennsbury School District – agreed in December that the site would become an investment zone for Keystone Opportunity from January 1 through December 31, 2035. The naming will give the developer tax breaks to encourage growth.
In December, NorthPoint Development used the local unit NP Falls Township Industrial LLC to purchase the large property from US Steel for $ 160 million.
NorthPoint Development has agreed to provide updates to the infrastructure and landscaping on the property. The company also plans to invest $ 25 million in the remaining environmental remediation on the property.
Northpoint Development has signed an agreement with the Morrisville Municipal Authority for the construction of a new wastewater treatment plant.
Also during Monday evening’s meeting, regulators approved a smaller subdivision so that the Morrisville Municipal Authority, which, along with parts of Falls Township and Lower Makefield Township, serves about 40,000 customers in Morrisville Borough and Yardley Borough, can advance plans for the construction of a new 10 One million gallons per day wastewater treatment plant to replace the existing 60 year old facility along River Road in Morrisville.
A preliminary representation of the sewage treatment plant.
The Morrisville city council agreed to pay $ 4 million for the 54 acres on which the new facility will be built.
Jeff Dence, chairman of regulators, said the Township of Falls Authority will receive compensation through the project.
“This is a good thing for the people of Falls Township,” he said.
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