Northeast Times

Teva drops plans for big distribution center in NE Philly

The in­ter­na­tion­al drug maker said it had de­cided to cease de­vel­op­ment plans for the site on Red Li­on Road. The 136-acre prop­erty had been home to the former Is­land Green golf course.

An in­ter­na­tion­al phar­ma­ceut­ic­al com­pany has said it isn’t go­ing to build an eight-story dis­tri­bu­tion cen­ter in North­east Phil­adelphia any­time soon.

Teva, the Is­raeli-based drug­maker that is a large pro­du­cer of the gen­er­ic drugs sold in Amer­ica, is re­as­sess­ing its busi­ness strategy un­der new man­age­ment that took the reins in May.

“We have made the de­cision to cease de­vel­op­ment plans for the pro­posed dis­tri­bu­tion cen­ter on Red Li­on Road,” spokes­wo­man Den­ise Brad­ley stated today. “At this time, we can­not elab­or­ate fur­ther about plans for this prop­erty.”

In 2010, Teva along with many pub­lic of­fi­cials an­nounced the com­pany’s plans to build its North Amer­ic­an dis­tri­bu­tion cen­ter at 1 Red Li­on Road. Hun­dred of con­struc­tion jobs and hun­dreds of per­man­ent jobs were pro­jec­ted for the Somer­ton site. Also, 250 trucks a day were pre­dicted to enter and leave the site, a fig­ure that didn’t sit well with area res­id­ents.

Teva bought the 136-acre prop­erty, the site of the old Is­land Green golf course, in Au­gust 2011. A ground­break­ing ce­re­mony was held in fall of that year, but noth­ing ever happened.

Brad­ley said Teva re­mains com­mit­ted to main­tain­ing the prop­erty and to live up to its com­mit­ments to im­prove Red Li­on Road.

She said there are no plans to build a fa­cil­ity else­where and the com­pany’s Amer­ic­an headquar­ters will re­main in North Wales, Pa. Teva pro­duces one out of six gen­er­ic drugs sold in Amer­ica.

Con­tact John Loftus at 215-354-3110 or jloftus@bsmphilly.com

You can reach at jloftus@bsmphilly.com.

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City
Philadelphia
Company
Teva
Continent
America
Person
Denise Bradley
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Pennsylvania