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NorthPoint Development to build West Chester Trade Center
The project is expected to generate as many as 1,000 new jobs in West Chester.

NorthPoint Development's West Chester Trade Center project, near the northwest corner of Union Centre Boulevard and State Route 747, is testament to a positive economic outlook and demand for flexible logistics and light industrial facilities in West Chester Township.


NorthPoint Development will build more than 1.8 million square feet of speculative commercial space in two separate project phases. Phase I will include construction of three buildings totaling approximately 1.2 million square feet while a second phase will include construction of three buildings totaling 631,000 square feet.


West Chester's 96.3% occupancy rate for industrial space, one of the lowest rates in the regional market, fuels confidence in the development of speculative properties.


The project is expected to generate as many as 1,000 new jobs in West Chester once the buildings are occupied, in addition to contributions in revenue as a result of increased property value with the new construction.


READ MORE: What's New in West Chester! (3Q-2018)


The project is being constructed within West Chester's SR 747 TIF (Tax Increment Financing) District and West Chester has partnered with NorthPoint Development to make public infrastructure improvements to support the project.


West Chester will invest up to $5,128,392 in SR 747 TIF funds (generated from commercial properties, not residential) toward public improvements to facilitate development of the site. West Chester's investment will be targeted to the development's site access points along Union Centre Boulevard and State Route 747.


"This is an excellent example of how TIF can be used as a valuable tool in economic development," said West Chester Community Development Director Aaron Wiegand. "This project will benefit West Chester's economy with new jobs and will generate added tax revenue for community services and Lakota Schools through increased property values."