REOC San Antonio
Commercial Real Estate Since 1974   
Kim Gatley
enior Vice President & Director of Research at REOC San Antonio

Got a Commercial Real Estate Need or Question?

Ask One of Our Trusted Advisors

City Council to consider incentives for $150 million distribution center

fb_icon_sliceNext week, the San Antonio City Council will consider incentives for a proposed 1.5 million-square-foot distribution facility for retailer T.J. Maxx.

The facility would be the company’s sixth center nationwide and its largest. San Antonio is competing against other sites in Texas and in Louisiana. TJK, the brand’s parent company, is eyeing a 200-acre site on FM 1937 — South Flores Road — south of I-410 and east of Highway 281.

The City Council is considering the approval of several ordinances for the project, including a 15-year industrial district non annexation agreement and nomination of the site as a state enterprise zone double jumbo project. In order to qualify as a double jumbo project, T.J. Maxx must employ at least 500 people at the site. TJX has agreed to create at least 1,000 new full-time jobs.

Click here to read the original article: City Council to consider incentives for $150 million distribution center San Antonio Business Journal 05-11-2017


Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>