Publix Eyes New $400 Million Distribution Facility
GREENSBORO, NC – Publix Super Markets may be expanding its distribution capacity in an effort to continue the company’s northward expansion. The Greensboro-based News & Record reported this week that the retailer is considering a $400 million regional distribution center.
“We are currently evaluating several potential sites, including a site in Greensboro,” Publix told the news source in a written statement. “As with all potential sites, we are in the process of conducting our due diligence, which does include pursuing available incentives.”
The proposed 1.8 million-square-foot facility would sit on roughly 350 acres in eastern Greensboro, North Carolina, and would be one of the largest distribution centers in the Piedmont Triad.
Publix has reportedly requested $17.7 million in incentives and $3 million in infrastructure spending to accommodate the new facility. And the News & Record reported that the city council will hold a public hearing to entertain the request on March 20th.
The News & Record also noted that the company intends to petition to annex the property involved into the Greensboro city limits. When completed, the expansion could bring as many as 1,000 jobs to the Greensboro-area and be a significant economic boon to the city.
“When it’s annexed, it will be in District 1,” Mayor Nancy Vaughan told the News & Record. “These are high-quality jobs that will pay above the median income,” she said. “I can’t remember the last time we talked about an incentive for 1,000 jobs.”
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