South Philadelphia refinery buyer has a track record of redeveloping defunct industrial sites

The planned buyer of the shuttered Philadelphia Energy Solutions refinery site has a long track record of redeveloping defunct industrial sites, taking a leading role in massive projects spanning from Boston to Baltimore.

Hilco Redevelopment Partners, a subsidiary of Chicago-based Hilco Global, emerged as the leading bidder to acquire the 1,300-acre South Philadelphia site for $240 million. Shuttered for seven months, the plant was the largest oil refinery on the East Coast. Philadelphia Energy…

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