Amazon to open huge fulfillment center in Aurora, employ 1,000

By Inc. said today it will open a 1 million-square-foot fulfillment center in Aurora that will employ 1,000 people and help speed up the online retailer’s deliveries in the state.

The new facility will be built in the Prologis Park 70 — at the intersection of Interstate 70 and E-470. It will augment Amazon’s existing 452,000-square-foot “sortation” center in Aurora’s Majestic Commercenter, which was announced last year and is located at I-70 and Tower Road. The sortation facility employs several hundred workers. customers in Colorado will experience faster shipping speeds on more items once there’s a fulfillment center in state, too, the Seattle-based company (Nasdaq: AMZN) said Monday .

“This is their second building in Aurora -— they like Aurora and they like doing business in Aurora,” said Wendy Mitchell, president of the Aurora Economic Development Council. “What we heard from them is that this was one of the easiest deals they have put together from start to finish. And that is what we want to do in Aurora.”

What that meant on this deal is that Aurora needed to move quickly, said Yuriy Gorlov, vice president of the Aurora EDC. The city has an expedited permit process it offers for large companies. It assigns a project manager to coordinate the permitting process with at least five to eight offices within the city, he said.

“Amazon has a lot of projects going on nationwide and they try to time them all to work with each other within their network,” he said. “They wanted to be up and running when they needed to be and we said, ‘Yes, we will meet every deadline.'”

Mitchell declined to comment on any possible incentives the city offered to the company. She said all of the financial details will be presented to the City Council for final approval in about a month.

She added that the Amazon deal does not negatively affect other deals, including a deal with Wal-Mart Stores Inc., which bought 169 acres near Denver International Airport and could become the site of a major distribution center.

>> Read full article

Posted in: Apartment Investing

Comments are closed.