A massive redevelopment project in Falls moved forward as officials approved plans from NorthPoint Development for a 1-million-square-foot warehouse at a former U.S. Steel property.
Supervisors unanimously granted preliminary and final land development plan approval that will kick off what will ultimately be to 15 million square-feet of development on the 1,800-acre site bringing potentially 5,000 to 10,000 new jobs to Bucks County.
NorthPoint plans to carry out the multiple phase warehouse project with 20 or more state-of-the-art industrial warehouse buildings for various Fortune 500 companies.
Possible tenants include GM, Amazon, Chewy, Walmart, UPS, FedEx and more.
Supervisors approved a master plan for the site in December, but the new Keystone Trade Center project is spread across multiple plots requiring NorthPoint return to the township for individual plan approvals.
If the project does expand to 15 million-square feet over the next decade, it would be the largest e-commerce, logistics and multi-model industrial project in the country’s Northeast region. The company closed on the reported $160 million purchase of the site in January, and is expected to invest some $1.5 billion in its transformation.
The warehouse is part of the first phase of construction at 100 acres of the property on eastern side of River Road, south of Biles Creek on the eastern portion of the development, a news release from the township states.