Written by The Business Journal Staff
Golden State FC LLC, a subsidiary of Amazon that builds and operates fulfillment centers in California, is proposing to spend more than $100 million to build the facility at Orange and Central avenues in Fresno. It would span about 855,000 square feet, with an initial workforce of 2,000 jobs, and possibly up to 3,000.
The incentive package would be based on property tax increment and use tax rebates, based on the number of full-time and part-time employees hired. The city anticipates a gross overall benefit of $19.2 million over the 30-year incentive period.
Also over the 30-year term of the agreement, the project would generate more than $2.8 billion in salaries, according to a report from Larry Westerlund, director of the Economic Development Department.
A month ago, the city council approved an $18 million incentive package to lure an Ulta Beauty e-commerce fulfillment center in Fresno, along with an estimated 1,200 jobs.