REAL ESTATE

Report: Amazon eyes site north of Boston for distribution center

BY Dan Berthiaume

Amazon reportedly would like to turn a former manufacturing facility in Massachusetts into a new supply chain hub.

According to the Lawrence Eagle-Tribune, Amazon wants to build a distribution center at the site of a facility in North Andover, Mass. that was previously used to manufacture materials for companies including AT&T, Western Electric, and Lucent. Dallas-based real estate developer Hillwood Development Co. plans to purchase 110 acres of the 168-acre site and build the new center, which it would lease to Amazon.

North Andover is approximately 35 miles north of Boston and has exits on the Route 93 and 495 interstate highways. Amazon currently operates a Massachusetts fulfillment center in Fall River, Mass., located about 50 miles south of Boston.

The center would stand five stories (105 feet) high and employ approximately 1,500 workers. The project requires approval at a June 18 Town Meeting. Although it is estimated Amazon would pay the town between $3.3 million and $4.4 million in annual real estate taxes, possible sticking points include a necessary sewer extension estimated to cost between $6.7 million and $7 million, with the town paying one-third, and increased traffic.

To read the full article click here.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Do you expect your business to be challenged by the ongoing escalation of the the heightened U.S.-China trade dispute?