Online retailer Amazon will build two large distribution centers in New Jersey, the New York Times reported. Construction is slated to begin next year, but the locations of these buildings have not yet been determined.
Each warehouse will measure about one million square feet. These centers will create a projected 1,500 full-time jobs and would enable the state of New Jersey to collect roughly $30 to $40 million in tax revenue. New Jersey will begin collecting 7 percent in sales tax on July 1 of next year.
Amazon said it would seek tax incentives from New Jersey to build the warehouses, but the specific amount was not stated. As reported today, CookiesKids.com, an online children’s clothing retailer, is asking the city to provide over $3 million in subsidies in order for it to move to the Bronx, which follows the trend of Fresh Direct. [NYT]