{"id":1004116694,"date":"2015-04-01T07:52:36","date_gmt":"2015-04-01T15:52:36","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=338090"},"modified":"2020-04-08T07:01:18","modified_gmt":"2020-04-08T15:01:18","slug":"52-million-fedex-distribution-center-coming-to-upper-merion-2","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/52-million-fedex-distribution-center-coming-to-upper-merion-2\/","title":{"rendered":"$52 Million FedEx Distribution Center Coming to Upper Merion"},"content":{"rendered":"<p><em>By Veronica Grecu, Associate Editor<\/em><\/p>\n<p>A new FedEx ground distribution center was approved for development in Montgomery County.<\/p>\n<p><em><a href=\"https:\/\/www.timesherald.com\/general-news\/20150326\/upper-merion-board-of-supervisors-approves-52m-fedex-building-plan\" target=\"_blank\" rel=\"nofollow\">The Times Herald<\/a><\/em> 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.<\/p>\n<div id=\"attachment_338091\" class=\"wp-caption alignright\" style=\"width: 310px\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/04\/FedEx-Locations-in-Pennsylvania.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-338091\" title=\"Map of FedEx locations in Pennsylvania\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/04\/FedEx-Locations-in-Pennsylvania.jpg\" alt=\"Map of FedEx locations in Pennsylvania\" width=\"300\" height=\"172\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">Map of FedEx locations in Pennsylvania<\/p>\n<\/div>\n<p>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 <a href=\"https:\/\/www.propertyshark.com\/mason\/OnePageReports\/report.html?propkey=26567194&amp;newwindow=true\" target=\"_blank\" rel=\"nofollow\">PropertyShark<\/a>, 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.<\/p>\n<p>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.<\/p>\n<p>Currently, FedEx has 20 locations in Pennsylvania.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new FedEx ground distribution center was approved for development in Montgomery County.<\/p>\n","protected":false},"author":258,"featured_media":1004507235,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1494],"tags":[],"class_list":["post-1004116694","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-philadelphia"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>$52 Million FedEx Distribution Center Coming to Upper Merion - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/52-million-fedex-distribution-center-coming-to-upper-merion-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"$52 Million FedEx Distribution Center Coming to Upper Merion\" \/>\n<meta property=\"og:description\" content=\"A new FedEx ground distribution center was approved for development in Montgomery County.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/52-million-fedex-distribution-center-coming-to-upper-merion-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-04-01T15:52:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-08T15:01:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/FedEx-Locations-in-Pennsylvania.jpg?w=1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Veronica Grecu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@VeraGrecu\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/52-million-fedex-distribution-center-coming-to-upper-merion-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/52-million-fedex-distribution-center-coming-to-upper-merion-2\\\/\"},\"author\":{\"name\":\"Veronica Grecu\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/e8362e8641769829162f16fe58091f62\"},\"headline\":\"$52 Million FedEx Distribution Center Coming to Upper Merion\",\"datePublished\":\"2015-04-01T15:52:36+00:00\",\"dateModified\":\"2020-04-08T15:01:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/52-million-fedex-distribution-center-coming-to-upper-merion-2\\\/\"},\"wordCount\":221,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/52-million-fedex-distribution-center-coming-to-upper-merion-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/FedEx-Locations-in-Pennsylvania.jpg\",\"articleSection\":[\"News\",\"Philadelphia\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/52-million-fedex-distribution-center-coming-to-upper-merion-2\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/52-million-fedex-distribution-center-coming-to-upper-merion-2\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/52-million-fedex-distribution-center-coming-to-upper-merion-2\\\/\",\"name\":\"$52 Million FedEx Distribution Center Coming to Upper Merion - 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