Amazon Makes Greenwood Project Official

(rendering courtesy of Amazon/City of Greenwood)

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The city of Greenwood has confirmed Amazon.com Inc. (Nasdaq: AMZN) is moving forward with plans to establish a major distribution center in the city. The company will invest more than $80 million in the project, which is expected to create more than 1,250 full-time jobs.

In a statement released Tuesday evening, Mayor Mark Myers says Amazon will also invest $2 million in public infrastructure improvements. He says the new jobs will also pay more than double the current minimum wage in Indiana.

"Greenwood is pleased to welcome Amazon to the community," said Myers. "It’s a win-win for all involved, and we look forward to a promising future."

The 615,000-square-foot facility, described by Amazon as a "receive center." According to documents filed with the city, the facility will package incoming products for shipment to Amazon fulfillment centers.

The facility will be constructed on the site of what was originally proposed to be a FedEx Corp. (NYSE: FDX) distribution center before the company pulled those plans. The Greenwood City Council approved last month $7 million in tax abatements for the project.

Amazon has not provided an estimated timeline for construction of the facility.