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Cedar Rapids City Council to consider $109M FedEx warehouse and distribution center

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Cedar Rapids Gazette: The Cedar Rapids City Council is slated Tuesday to consider financial incentives for an immense FedEx warehouse and distribution facility proposed for the city — a $108.6 million investment that would create 434 mostly part-time jobs. The council will review a proposed term sheet outlining the scope of the project and tax reimbursements on the approximately 479,000-square-foot warehouse, which developer Scannell Properties is looking to build. “It’s very exciting, it’s a very large project — one of the largest projects in history in Cedar Rapids,” said City Manager Jeff Pomeranz.