Lower Makefield will deposit an additional $11 million into a trust managed by PNC Financial Services Group and consisting of net proceeds from the township s $53 million sale of its sewer system to Aqua Pennsylvania.
The investigative arm of the state Ethics Commission released a final adjudication online this week that included allegations that Rajput ran afoul of state ethics laws after using a Lower Bucks Join…
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.
Developer finalizes $160M purchase of U.S. Steel site in Falls
Closing on its reported $160 million purchase of more than 1,800 acres of the U.S. Steel site in Falls puts NorthPoint Development a step closer to its planned $1.5 billion transformation of the property.
Northpoint plans to build 10 million square feet, and possibly more, of state-of-the-art warehousing on the property in phases over the next several years. Possible tenants include Amazon, Walmart, Chewy and others.
Officials from the developer could not be reached for comment, but Falls supervisors Chairman Jeff Dence said he s looking forward to watching the redevelopment take shape now that the purchase went to settlement.