Three 1 Million-Square-Foot Buildings Proposed For Keystone Trade Center

The development of the massive Keystone Trade Center project is moving forward.

The Falls Township Planning Commission in mid-November approved plans for three 1 million-square-foot warehouses on the 1,800-acre property and some reworking on site infrastructure. The three buildings would mark Phase II of the massive multi-phase project.

The three buildings still need approval from the Falls Township Board of Supervisors.

Excavation has begun on Phase I, which includes a 1 million-square-foot warehouse with 49-foot-high walls and close to 500 parking spaces, said Jeremy Michael, a project manager for property owner NorthPoint Development.

At the November Falls Township Board of Supervisors meeting, the body unanimously approved a minor subdivision for NorthPoint Development for a 63.5-acre parcel in the Keystone Trade Center.

“This is to transition us to the Phase II of our development,” said Michael Meginniss, an attorney representing NorthPoint Development. “This is an important component.”

NorthPoint Development recently purchased the former Gamesa wind turbine plant facility, which takes up about 90 acres in the center of the 1,800 site. The purchase and planned realignment of South Port Road led to the company seeking a subdivision.

Gamesa opened more than a decade ago at the site and once employed several hundred people. However, the headcount decreased as the Spanish company faced struggles. In 2011, then-President Barack Obama spoke about energy independence at the site.

NorthPoint Development bought the former U.S. Steel property at the end of 2020 for $160 million for the roughly 1,800 acres.

Northpoint Development plans to bring more land development proposals before the supervisors as the project moves forward.

Michael said there have been numerous companies interesting in the site. He also stated there have been conversations on adding public transit to the site.

Officials from NorthPoint Development, of Kansas City, have told the public that the Keystone Trade Center is designed to add as much as 15 million square feet of new warehouse space and 5,000 to 10,000 jobs with a total investment of $1.5 billion over the coming years. The plan is to develop the “largest e-commerce, logistics, and multi-model industrial project on the East Coast” with room for as many as 20 new buildings constructed on speculative basis.

All three taxing bodies for the property – the Bucks County Commissioners, Falls Township, and the Pennsbury School District – agreed in December to allow the site to become a Keystone Opportunity Investment Zone from January 1 and ending on December 31, 2035. The designation will give the developer tax breaks to encourage growth.

Previous reporting on the project:

• Keystone Trade Center Site Gets Subdivision Approval
• Municipal Authority Closes On Keystone Trade Center Property
• Construction To Get Underway By July On Massive Keystone Trade Center
• 1 Million-Square-Foot Warehouse For Keystone Trade Center Approved
• First Warehouse Proposed For Keystone Trade Center Project To Come Before Public
• Keystone Trade Center Project Allows Water Authority To Build New Treatment Plant
• Large U.S. Steel Site In Falls Twp. Sold For $160 Million
• County Commissioners Approve Tax Break For Massive Keystone Trade Center Plan
• Tax Breaks Could Help Development At Proposed Keystone Trade Center
• Keystone Trade Center Project Moves Forward
• Ground On Billion-Dollar Keystone Trade Center Could Be Broken By Spring
• Falls Twp. Holding Special Meeting On Proposed U.S. Steel Site Redevelopment
• Plans For U.S. Steel Site Show New Billion-Dollar Development, Potential For Thousands Of Jobs
• EXCLUSIVE: Large U.S. Steel Site To Be Sold To Developer
• U.S. Steel Seeking To Sell Fairless Works Site

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