Tonight, the Kannapolis City Council approved an incentive grant for an Amazon Distribution Center which will be located off N.C. 73 and Kannapolis Parkway.
“We are very excited to welcome one of the nation’s largest companies to Kannapolis. Their role as a world leader in commerce continues to evolve and we look forward to being a part of their innovation in the distribution of good and services,” commented Kannapolis Mayor Darrell Hinnant. “The City is pleased to provide incentives that will result in over 600 jobs for people in Kannapolis and throughout the region.”
Amazon’s new facility will be an $85 million, one million square foot industrial building at 6501 Macedonia Church Road. The company anticipates creating a minimum of 600 full-time jobs with benefits.
The City’s incentive grant will be spread out over three years and will be $562,275 or 85% of the personal property taxes paid by the company during that timeframe.
The effort to bring the firm to Kannapolis has been a joint partnership with Cabarrus County, Cabarrus County Economic Development Corporation and NCDOT.
Cabarrus County Commissioners will consider incentives for the company at its meeting on August 21.
“The incentives offered by both the City and County were crucial in recruiting Amazon to our City. This economic development tool allowed us to succeed in this highly competitive environment and bring this firm to Kannapolis,” said Kannapolis City Manager Mike Legg.
Robert Carney, Executive Director of Cabarrus Economic Development, commented, “We are excited about the opportunity to bring such a transformational company to Kannapolis. Amazon is on the cutting edge of e-commerce innovation; this mirrors the efforts of Kannapolis and Cabarrus to continue to innovate for the benefit of its citizens.”
Amazon’s new home in Kannapolis is expected to open in 2019.