Amazon set to build 2.3 million-square-foot Jacksonville center

Miami /
Jul.July 30, 2016 11:00 AM

An affiliate of online retail giant Amazon paid $15 million for 155 acres in Jacksonville, where the company plans to build a major distribution and fulfillment center.

The development will bring  1,500 Amazon jobs to the Northside area of Jacksonville, culminating years of quiet negotiations to convince the online retailer to build the distribution center in Jacksonville.

The city government, which code-named the Amazon campaign “Project Rex,” offered $13.4 million to attract the distribution center, mostly $10 million of property tax rebates over 12 years.

Amazon’s distribution center will measure 2.4 million square feet, Jerry Mallot, executive vice president of JAX Chamber, told the St. Augustine Record.

Mallot also told the newspaper that contractors have started preparing the site of the distribution center for construction and may finish it by late 2017.

He said the effort to attract the jumbo-sized Amazon fulfillment center spanned seven years and included officials of the chamber, city and state.

USAA Real Estate, which builds and manages fulfillment centers for Amazon, bought the 155-acre site for the Jacksonville distribution center.

USAA Real Estate also paid $700,000 to SunTrust Bank for another 20 acres. [St. Augustine Record] — Mike Seemuth


Related Articles

arrow_forward_ios
Rockpoint's Bill Walton and Keith Gelb with the Shops at Mary Brickell Village (left), 1221 Brickell (middle), and 911 Southwest First Avenue (right) (Rockpoint, Google Maps, Twitter)
Rockpoint’s Brickell bonanza: Firm reaps riches in booming neighborhood
Rockpoint’s Brickell bonanza: Firm reaps riches in booming neighborhood
rendering of the Nautilus 220 condo project with Developers Daniel Kodsi of Royal Palm Companies and Peter Baytarian, managing partner at Forest Development (LinkedIn, Forest Development, VS Studios)
Forest Development, Royal Palm nab $269M condo construction loan
Forest Development, Royal Palm nab $269M condo construction loan
From left: Oak Row Equities' David Weitz and Erik Rutter with Edgewater
Oak Row Equities plans 400-unit apartment, office tower in Edgewater
Oak Row Equities plans 400-unit apartment, office tower in Edgewater
Hollywood Locations' Christopher Ursitti and 1400 Northwest 31st Avenue (Hollywood Locations, Google Maps)
Movie studio complex may rise on former incinerator site in Fort Lauderdale
Movie studio complex may rise on former incinerator site in Fort Lauderdale
LCOR's Anthony Barsanti and Anthony Tortora with 1775 Biscayne Boulevard (LCOR, Zillow) Arts & Entertainment District
Developer pays $49M for Arts & Entertainment District dev site with plans for 540-unit rental tower
Developer pays $49M for Arts & Entertainment District dev site with plans for 540-unit rental tower
McDowell wants to build 201 apartments near Homestead, puts land under contract
McDowell wants to build 201 apartments near Homestead, puts land under contract
McDowell wants to build 201 apartments near Homestead, puts land under contract
Renderings of Venus with Erik Rutter and David Weitz (ImageFiction)
Carpe secures approval for North Miami Beach mixed-use apartment project
Carpe secures approval for North Miami Beach mixed-use apartment project
From left: Damien Barr and Ned Grace of NDT Development; Joe Furst of Place Projects; a rendering of the planned redevelopment of the Nora District in downtown West Palm Beach (ArquitectonicaGEO, Place Projects, NDT Development)
West Palm developers secure capital partner for Nora District projects
West Palm developers secure capital partner for Nora District projects
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...