On May 6, officials representing the City of Hazelwood, U.S. Congressman William Lacy Clay’s St. Louis Office, Missouri Department of Economic Development, St. Louis Regional Commerce, and other local Chambers of Commerce joined NorthPoint Development in celebrating a Ribbon-Cutting ceremony in Building 2, located at 4806 Trade Access Blvd.
NorthPoint Development based in Kansas City, MO, is the developer. The Ribbon-Cutting event marked the completion of the first two warehouse buildings of this new Class A industrial business park, featuring 36-foot ceilings. The company intends to construct a total of 8 warehouse buildings with the potential of
supporting up to 4 million square feet of new commercial space. Leasing activity has been strong. HTP-Building II consists of 252,000 sq. ft. of space and is 70% leased. It has already created 170 new jobs. HTP-Building III consists of 493,675 sq. ft. of space and is 25% leased. This building has created about 60 new jobs.
By the time this park is completed, NorthPoint predicts that TradePort will produce over 3,000 jobs with more than $250 million in capital investments. All buildings and roads will be elevated above the 500-year flood plain.
“NorthPoint has continued to invest in the City of Hazelwood due to its strategic location, workforce, and the City’s vision for the future. We have developed a great partnership with the City that will culminate into over $200 million of new capital investment
and thousands of jobs for the community. We love to invest in this community and know our future is bright with Hazelwood TradePort, said Brent Miles, NorthPoint’s chief marketing officer.
NorthPoint began its partnership with the City of Hazelwood when the company acquired Hazelwood Logistics Center (HLC) back in 2015. A total of seven additional warehouse buildings were added within a three-year period. Currently, HLC is at 100% capacity with the addition of 2 million square feet of industrial space, creation of more than 1,800 jobs, and capital investments totaling $109 million. In 2018, the St. Louis Business Journal editorial staff selected HLC as a Building St. Louis award recipient.