Walmart is doubling down on its East Coast distribution, spearheaded by one particular land purchase. Walmart now plans to purchase 271 acres for its refrigerated warehouse for a Central Florida facility, rather than its initial plans for 130 acres.
Walmart first unveiled its intentions for a new distribution center in Cocoa, FL, in the fall of last year. Walmart has now agreed to purchase the larger set of land for $5.75 million, after talking with the Port Canaveral Commissioners who own the land, according to Florida Today.
Walmart has not stated whether this increase in land will change its proposed plans for the 600,000-square-foot facility. Previously, the Orlando Business Journal stated that the plans would feature one main facility to store both cold and dry produce, along with freezer items and other perishables.
Additionally, Walmart had planned for accompanying facilities to the main operations, which includes a shipping and receiving dock, parking lot, fuel facility, guardhouse, truck maintenance garage, and more.
This purchase and new facility addition will benefit the operations of Walmart Store East. The new land deal was unanimously approved by the Commissioners earlier this morning.
Walmart has already received approval for economic incentives in regards to the facility from both the city of Cocoa and Brevard County. The site will be located near State Road 524 and Interstate 95.
Will this land expansion make for distribution center expansions as well? Deli Market News will keep you updated.