Amazon land deal in Ruskin is signed.
A massive warehouse for online retailer Amazon in south Hillsborough County is a go.
A company that works with Amazon on developing distribution centers closed on the acquisition of land in Ruskin Wednesday, confirmed Hillsborough County Commissioner Al Higginbotham.
USAA Real Estate Co., which works with Amazon in developing its distribution centers, bought the land, and Amazon (NASDAQ: AMZN) signed a long-term lease, Higginbotham said. Construction will begin immediately. The project calls for a $200 million capital investment, with 1,000 permanent jobs and as many as 1,000 additional jobs during peak season.
As of early Thursday, no deed has been recorded in Hillsborough County. The site in the South Shore Corporate Park has been owned by Ryan Cos. of Minnesota, which is under a confidentiality agreement and cannot discuss the deal.
The Hillsborough County Commission began considering incentives for the project in June. Higginbotham said the incentives would not kick in until the project meets benchmarks.
“This is evidence that the organizational work we did as a community – the city and county working together – paid off and shows the fruits of our labor,” Higginbotham said.
- ~ Margie Manning and Mark Holan
Tampa Bay Business Journal Oct 10, 2013, 10:24am EDT
- http://www.bizjournals.com/tampabay/news/2013/10/10/sources-amazon-land-deal-in-ruskin-is.html?ana=e_tbay_bn
