Cedar Rapids City Council to consider $109M FedEx warehouse and distribution center
BPC Staff Jun 21, 2021 | 3:46 pm
<1 min read time93 wordsAll Latest News, Iowa News, Manufacturing & Logistics, Transportation
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.