PhilaPort acquires 29 acres in South Philadelphia for port expansion

The Philadelphia port buys 29 acres in South Philadelphia to support cargo handling and future expansion.

The Port of Philadelphia announced it has purchased 29 acres, the site of the former Philadelphia Produce and Seafood Terminal at Third Street and Pattison Avenue in South Philadelphia, for $10 million to support future port growth.

The land, acquired from the Philadelphia Industrial Development Corp. (PIDC), will be used to relocate warehouses that are currently on the dock at Packer Avenue Marine Terminal and will make room for more containerized cargoes arriving on ships. The acquisition is part of a $300 million investment by the Wolf administration to update port terminals, wharves, and cargo cranes.

“As we densify and increase container capacity at Packer Avenue Marine Terminal, we needed more land to grow,” said Jeff Theobald, CEO of the Philadelphia Regional Port Authority, renamed PhilaPort in May. Pennsylvania is landlord and owner of 15 piers and terminals on the Delaware River.

We encourage respectful comments but reserve the right to delete anything that doesn't contribute to an engaging dialogue
Help us moderate this thread by flagging comments that violate our guidelines

Comment policy:

Philly.com comments are intended to be civil, friendly conversations. Please treat other participants with respect and in a way that you would want to be treated. You are responsible for what you say. And please, stay on topic. If you see an objectionable post, please report it to us using the "Report Abuse" option.

Please note that comments are monitored by Philly.com staff. We reserve the right at all times to remove any information or materials that are unlawful, threatening, abusive, libelous, defamatory, obscene, vulgar, pornographic, profane, indecent or otherwise objectionable. Personal attacks, especially on other participants, are not permitted. We reserve the right to permanently block any user who violates these terms and conditions.

Additionally comments that are long, have multiple paragraph breaks, include code, or include hyperlinks may not be posted.

Load comments
Continue Reading