Atlanta developer Portman Holdings bought 169 acres in Exton at the site of Happy Days Farm and is planning to build a massive 1.9 million-square-foot industrial complex. The site, at 1130 Pottstown Pike in Uwchlan Township, sits between Route 100 and I-476. The purchase price of the land and the expected cost of the planned development is a combined $330 million. Portman plans to build three warehouse distribution buildings in two phases. Site work on the first phase is already underway. Construction of Phase 1 is set to begin in the fall and will include a 636,000-square-foot building. An estimated completion date is summer 2024.
Source: Philadelphia Business Journal; 8/28/2023