Could an Amazon Distribution Center be Headed to Jax?

There is a lot of speculation regarding a project being referred to as “Project Rex”, which is seeking $18.4M in state and city incentives to locate a business in the area. The company promises to bring 1,500 jobs to the area, and estimates the payroll to be upwards of $51M. The development cost is estimated at $200 million.

Here are some of the facts leading to people to speculate that Project Rex is Amazon:

  • The developer who is named in documents related to the project has completed two projects for Amazon in the past, in Richmond, VA and Nashville, TN
  • The project is described as a “state-of-the-art fulfillment center”
  • It would be located on a 171 acre site near the Jacksonville Int’l Airport
  • The summary of the project describes the un-named company as having more than 20 years of experience in retail and e-commerce, with over 200,000 employees worldwide- this description matches the description on Amazon’s website

David Chapman and Karen Brune Mathis with the Daily Record covered the story.

About Ernie Saltmarsh

Ernie works for Colliers International in the Northeast Florida Investment Services Group. The team includes Robert Selton, Scott Rogers, Ernie Saltmarsh and Adrienne Miller. Ernie works with buyers who are looking to invest in commercial real estate and sellers who are looking to dispose of investment assets. Ernie's background in research, marketing and finance provide the vital skills necessary to serve his clients.

Posted on April 15, 2016, in Development, General CRE News/Reports, JAX Daily Record, JAX Market Info, Jobs/JAX Economy, Shopping Centers/Retailers, Warehouses/Industrial and tagged , . Bookmark the permalink. Leave a comment.

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