YCIDA: Harley campus deal could create 650 jobs
The buyer, NorthPoint Development is planning a $40 million project to develop a 750,000 square foot industrial building on the property.
The York County Industrial Development Authority has sold the Harley-Davidson West Campus to a Kansas City-based developer, which plans to build a 750,000 square foot industrial building on the property, according to an authority press release.
NorthPoint Development purchased the property for $4.5 million, according to authority chairman Jack Kay, and submitted its $40 million development project to Springettsbury Township.
It's hoped the project will create more than 650 jobs, according to the authority.
The authority purchased the 58-acre property at 1445 Eden Road in 2012 as part of the state's strategy to keep Harley-Davidson in Pennsylvania and administered improvements to the land, which was left unoccupied when the company built its new facility, according to Kay.
Kay did not immediately know how much the authority paid to purchase the property or how much it spent on improvements.
Since purchasing the property, Kay said a few other companies have agreed to buy property from the authority, but those deals all fell through for one reason or another. The authority has also turned away some potential developers in favor of a search for the best option for York.
The purchase is NorthPoint's first financial venture in the York area, Kay said.
"NorthPoint's investment in York County was premised on the strong transportation and logistics network, along with a strong skilled workforce in the area," Larry Lapinski, NorthPoint's vice president of development, said in the release. "From the beginning, we were impressed with the work of the YCIDA and their ability to make this transaction happen. As an organization we believe that capital goes where it is welcome, and we felt welcomed by the YCIDA and all the other governmental entities in the area. We look forward to a successful project that will provide positive economic development for the community."
Reach David Weissman at email@example.com.