California-based DrinkPAK has secured a significant deal to establish its flagship East Coast cannery at the redeveloped Philadelphia Energy Solutions refinery site in South Philly. The company, with contracts to can popular beverages like White Claw, Monster Energy, and Celsius, will invest $195 million in the new facility located near 26th Street and Penrose Avenue.
The 1.4 million-square-foot cannery is expected to create 174 jobs over the next three years, as per a grant of $2 million from the Pennsylvania Department of Community and Economic Development. DrinkPAK's spokesperson, Holly Schroeder, stated that one of their goals is to build a coast-to-coast production network, with Philadelphia serving as a key hub in the Northeast.
The facility will have the capacity to manufacture three billion cans per year and produce, can, package, and store beverages. The company aims to dedicate part of its capacity to emerging beverage brands in the region, given their founders' experience working on the brand side of the industry before founding DrinkPAK.
The site's proximity to Interstate 95 puts Philadelphia's 47 million consumers within a four-hour drive, making it an attractive location for partnerships with new brands. The deal is seen as a significant win for the Bellwether District, which is expected to become a stellar industrial park in Philadelphia.
This marks the first tenant to occupy one of the warehouses being built by HRP Group at the site. The redevelopment, valued at $4 billion, will create a 750-acre industrial logistics hub and a 250-acre campus geared toward life sciences companies. The entire site accounts for about 2% of Philadelphia's landmass.
While concerns have been raised about the site's redevelopment, including contamination issues and community benefits commitments, HRP Group has implemented measures to address these concerns. The company signed a 10-year commitment with 16 neighborhood organizations last year, pledging investments in local workforce development and minimizing the site's carbon footprint.
Mayor Cherelle Parker hailed the deal as proof that Philadelphia is a destination of choice for businesses, while HRP Group anticipates constructing over a dozen warehouses and other buildings at the Bellwether District over the coming decade.
The 1.4 million-square-foot cannery is expected to create 174 jobs over the next three years, as per a grant of $2 million from the Pennsylvania Department of Community and Economic Development. DrinkPAK's spokesperson, Holly Schroeder, stated that one of their goals is to build a coast-to-coast production network, with Philadelphia serving as a key hub in the Northeast.
The facility will have the capacity to manufacture three billion cans per year and produce, can, package, and store beverages. The company aims to dedicate part of its capacity to emerging beverage brands in the region, given their founders' experience working on the brand side of the industry before founding DrinkPAK.
The site's proximity to Interstate 95 puts Philadelphia's 47 million consumers within a four-hour drive, making it an attractive location for partnerships with new brands. The deal is seen as a significant win for the Bellwether District, which is expected to become a stellar industrial park in Philadelphia.
This marks the first tenant to occupy one of the warehouses being built by HRP Group at the site. The redevelopment, valued at $4 billion, will create a 750-acre industrial logistics hub and a 250-acre campus geared toward life sciences companies. The entire site accounts for about 2% of Philadelphia's landmass.
While concerns have been raised about the site's redevelopment, including contamination issues and community benefits commitments, HRP Group has implemented measures to address these concerns. The company signed a 10-year commitment with 16 neighborhood organizations last year, pledging investments in local workforce development and minimizing the site's carbon footprint.
Mayor Cherelle Parker hailed the deal as proof that Philadelphia is a destination of choice for businesses, while HRP Group anticipates constructing over a dozen warehouses and other buildings at the Bellwether District over the coming decade.