NorthPoint Development’s first warehouse for the Keystone Trade Center has received approval from the Falls Township Board of Supervisors.
Plans from Monday night’s Board meeting show the warehouse will be just over one million square feet. Standing at 49 feet high, it will sit at the north end of the 1800 acre plot.
Development Manager Matt Gaston laid out the proposal to the Board. He presented a timeline showing construction on this first warehouse wrapping up in February 2022.
With plenty of room to work with, the warehouse will have nearly 200 loading doors and 475 parking spaces.
The exterior of the warehouse will be similar to past NorthPoint projects.
NorthPoint officially purchased the 1800 acre site from US Steel last December. The price tag for the formerly named Keystone Industrial Port Complex came to $160 million.
The space has about 15 million square feet in development potential. Gaston said they plan to start 3 million square feet in Phase One this Spring.
These warehouse will provide space to Fortune 500 companies, potentially including Amazon and Walmart.
And with the warehouses will come work. NorthPoint expects the Keystone Trade Center will employ 5,000 to 10,000 people in Bucks.
NorthPoint representatives have previously called it “the largest e-commerce, logistics, and multi-model industrial project on the east coast.”