$52 Million FedEx Distribution Center Coming to Upper Merion
- Apr 01, 2015
A new FedEx ground distribution center was approved for development in Montgomery County.
The Times Herald reported that Charlotte, NC-based SunCap Property Group LLC is set to break ground on the $52 million construction project in May, following a favorable decision by the Upper Merion planning commission and board of supervisors.
The new FedEx distribution facility will be built at 600 River Road near the Blue Route and Schuylkill Expressway, on a vacant, 65-acre property currently owned by Keystone Coke Co. According to data provided by PropertyShark, Keystone acquired the industrial property in 1978 for $857,000, and the site is now valued at $2,520,360. SunCap entered an agreement to purchase the site from Keystone. The commercial developer also agreed to buy 32 EDUs (equivalent dwelling units for sewage effluent) at $6,800 per unit for a total of $217,600. Additionally, SunCap will pay a fee of $522,734 to the Upper Merion Township Transportation Authority and another $63,180 to the township as an in-lieu fee.
Scheduled for completion in November 2016, the one-story facility will have 305,733 square feet of space. The development project also includes three adjacent buildings that will total 10,164 square feet, as well as 601 parking spaces. Approximately 200 FedEx employees will work at the Upper Merion location.
Currently, FedEx has 20 locations in Pennsylvania.