NorthPoint Development recently held a groundbreaking ceremony for its Tradeport 164, a state-of-the-art logistics center in Luzerne County
The facility will be located in parts of Nanticoke, Newport Township, and Hanover Township, and is expected to create 1,748 jobs in the South Valley and leverage more than $124.2 million in private investment.
Buildings 8 and 9 will total 1.7 million square feet and are expected to produce nearly $1.1 million in annual tax revenue once fully operational.
“NorthPoint Development, with private investments soaring past the billion dollar mark and the job creation numbers climbing past 6,000 new jobs, is helping us do more than change the economic trajectory of Luzerne County — it is transforming the lives of thousands of young families looking to build their future right here where they grew up in northeastern Pennsylvania,” State Sen. John Yudichak (I–Luzerne/Carbon), who attended the ceremony, said.
NorthPoint had brought a diverse group of national companies to the South Valley including Adidas, Chewy.com, Patagonia, Spreetail, Thrive Market, and True Value.
A public-private partnership formed by the state, Luzerne County, Hanover Township, Newport Township, Nanticoke City, Nanticoke Area High School, Hanover Area High School, the Earth Conservancy, and NorthPoint Development has brought economic development to the area.