The Falls Township Board of Supervisors is holding a special meeting next Monday night for a developer planning to invest $1.5 billion into the Keystone Industrial Port Complex.
NorthPoint Development is under contract to purchase about 1,800 acres at the KIPC from US Steel. Company representatives say the deal should close this month.
The industrial developer, based in Missouri, laid out its plans for the land at a Falls Township Planning Commission in late October. NorthPoint plans to begin Phase One in Spring 2021, which includes environmental cleanup and demolition of some existing structures.
Their plan is to use the acreage to start with 1.5 million square feet of construction consisting of warehouse space for tenants. These tenants could potentially include Fortune 500 companies like Walmart and Amazon.
Northpoint says the redevelopment will bring 5,000 to 10,000 jobs to Bucks County. Chief Strategy Officer Jed Momot called it “the largest e-commerce, logistics, and multi-model industrial project on the east coast.”
This upcoming special meeting is set to begin at 7 p.m. on Monday, December 7. Several items are on the agenda related to the US Steel site.
First, the Board is set to give consideration to a sketch plan presentation from Northpoint along with a “Master Plan Approval Agreement.”
Other items related to the properties include:
“consideration of a Resolution recognizing the Morrisville Municipal Authority as the owner and operator of the United States Steel Corporation potable water, raw water, industrial wastewater, and sanitary sewer facilities, the developer of the Wastewater Treatment Facilities on and serving the Properties, and the provider of all water and sanitary sewer related utilities serving the Properties; consideration of aan Agreement between Falls Township and AGH Enterprises for trash cleanup on or near Township-owned roadways…”
Members of the public will be able to dial into the teleconference meeting starting at 6:45 p.m. Anyone with questions or comments can send them in advance to Township Manager Matthew Takita at email@example.com.