All Entries Tagged With: "Express Scripts"
Airport & Express Scripts green-light new NoCo development
Under construction at Evans and Hanley in the NorthPark development, this building will house Express Scripts' new distribution facility.
It has been a very good month for commercial real estate development in North County. First, Express Scripts ended a cross-country battle for its proposed distribution facility by deciding that NoCo, not suburban Philadelphia, would be the site of its new plant. Then today, Lambert Airport announced that it will soon sign a deal with Maryland-based AeroTerm LLC to build 76 acres of new cargo centers just north of the runways.
The new Express Scripts facility will employ 300 workers and process up to 110,000 prescriptions every day. It’s expected to open in the spring. The new cargo buildings will amount to at least $40 million in local investment, and hopefully play a key role in Lambert’s plan to attract Chinese air freight carriers to the airport area.
Paul McKee, whose company McEagle is co-developing NorthPark, the 550-acre business park at Hanley Road and Hwy 70 where the new Express Scripts plant is being built, has said that luring Chinese cargo business to Lambert is vital to the success of his project, as well as the economic future of North County.
