Amazon is continuing its trajectory upward, this time having been revealed as the incoming tenant for an Elkton, Maryland, property that is said to be a massive distribution center in the making.
On the agenda for the local council last night, Jan. 17, the city was to vote on a $120,000 forgivable county loan to support the development, according to local news source Cecil Daily.
If approved, and the plan were to move forward, the property would become a new 1 million plus square-foot distribution center with as much as 700 full-time jobs for the region by 2020.
Amazon is expected to invest $90 million in capital improvements to the site, which would make for its second distribution center in the state.
The vote is reported to also serve as a $1.2 million conditional loan’s endorsement, which would be from the Maryland Economic Development Assistance and Authority Fund (MEDAAF).
There seemed to be strong support according to the source, mainly due to the need for jobs the project would bring; local representatives like Cecil County Executive Alan McCarthy and County Councilwoman Jackie Gregory both expressed favorable opinions about the deal.
This news comes just after Amazon’s announcement of looking to significantly boost its workforce with the intent to hire upwards of 100,000 full-time employees in less than two years.
Deli Market News will continue to report on the story as further details develop.