Hilco Redevelopment Partners (HRP) is well into decommissioning a former refinery site in South Philadelphia and expects to break ground on the first vertical construction in second quarter 2022.
HRP acquired the site of the 150-year-old PES refinery in June 2020 and has embarked on a 13- to 15-year project that will transform the location into an environmentally conscious, state-of-the-art economic engine for the region.
According to HRP, the site will feature ecommerce, light manufacturing, life sciences, warehousing and distribution, retail, commercial, rail and marine facilities.
“We are exceedingly proud of the progress we have made in the past year on transforming the former refinery into an employment hub that will provide an estimated 19,000 jobs for the community,” said Roberto Perez, CEO of HRP. “We consider the community to be important stakeholders in this process and plan to continue providing regular updates through meetings, site visits, new
