Amazon plans to invest another $250M in Central Ohio for fourth distribution center

New Albany City Council approved a resolution authorizing the execution of a community reinvestment area (CRA) agreement with Inc. for a planned $250 million fulfillment center, The Columbus Dispatch reports. New Albany “is offering a 15-year, 100% real-property-tax abatement” for the project, according to the article. Columbus Business First reports that Amazon “plans to create 1,000 new jobs by the end of 2024” with a “minimum estimated aggregate payroll of $31.2 million.” The distribution center would be Amazon’s fourth in the Central Ohio area, joining facilities in Obetz, Etna and West Jeffferson. For more, read the full Columbus Dispatch and Columbus Business First articles. 

Economic Development, Financial Incentives, State Updates