Next Step in Port of Philadelphia Development Announced

Business & Finance

Governor Tom Wolf announced yesterday that the Philadelphia Regional Port Authority (PRPA) has developed a shortlist of potential developers for the Southport Marine Terminal Complex at the Port of Philadelphia.

“This announcement represents a vital step in our plan to ensure a timely and responsible development of the Southport Marine Terminal,Governor Wolf said.

My administration is committed to working with the Philadelphia Regional Port Authority to invest in our infrastructure, bring key jobs to the region, and keep Pennsylvania’s economy competitive on a global scale.”

Governor Wolf said that the development of the Southport Terminal is one of his main goals for the Port of Philadelphia.

The 196-acre riverfront property is owned by PRPA, located immediately west of the Packer Avenue Marine Terminal. It currently remains idle and undeveloped, but the goal is to enable the market-driven development of Southport Terminal in 2017, creating up to 3,700 new jobs.

The shortlisted respondents for the Southport Marine Terminal (Site 1) are:

  • CenterPoint Properties Trust;
  • Liberty Consortium;
  • Philadelphia Energy Solutions, LLC;
  • Southport Development Partners.

The shortlisted respondents for the Southport West Terminal (Site 2) are:

  • CenterPoint Properties Trust;
  • Liberty Property Trust;
  • Philadelphia Energy Solutions, LLC;
  • Southport Development Partners;
  • USD Group, LLC.

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