Red Lion Road

Red Lion Road

11:55 26 August in Industrial

 

Major Logistics Development in NE Philadelphia

Project Overview: In March 2018, CDC announced the purchase of a 138-acre underutilized and environmentally-impacted industrial site in northeast Philadelphia. Past site uses included WW2 airplane manufacturing, local airport, and golf course.

CDC purchased the site from TEVA Pharmaceutical Industries Ltd., who had once selected this site as an expansion location. After environmental preparations, monitoring, and site grading, CDC repositioned the site for reuse.

Today CDC is building a 1.1 million sq/ft distribution center for a major logistics firm, to break ground 2021.

2018: CDC acquires distressed industrial site
2021: 1.1 million sq/ft distribution center for a major logistics firm