The warehouse centers that have been sprouting along Route 33 will be joined by another, huge “spec” warehouse in Palmer Township.
Clearing the way for a new warehouse, the township supervisors approved a conditional use permit to DCT Industrial Trust, an industrial real estate company specializing in the acquisition, development, leasing and management of bulk distribution and light industrial properties in high volume distribution markets in the U.S. and Mexico.
Thomas J. Meehan, the regional vice president, presented the company’s plans to build a 425,000- square-foot warehouse at Van Burden and Hollo roads, at a cost of more than $25 million, to the supervisors at their meeting Tuesday night.
Meehan’s presentation came before the supervisors approved the company’s request to grant a conditional use permit that will convert the property from rural agricultural to light industrial.
Meehan said the company does not have tenants lined up but expects there will be three or four “users.” Each prospective tenant will be required to obtain zoning and occupancy permits from the township before they move in. Meehan declined to comment on when construction may start.
DCT’s Website says the company targets properties for acquisition or development based on their convenient access to major transportation arteries, proximity to densely populated markets and quality design standards that allow our customers’ efficient use and operation.
The Palmer Township property would fit that bill because of its proximity to Route 33, which links traffic to Interstate 80 to the north and Interstate 78 to the south.
The company has an agreement to buy the property from Charles Chrin Co.