By Caitlin Schmidt for Arizona Daily Star
Tucson is a finalist to become the site of HomeGoods’ new $80M West Coast distribution center.
If selected, the project would initially create about 400 new jobs and almost 900 in the next 15 years.
HomeGoods is a home accessories store and a division of TJX Companies Inc., along with Marshall’s and T.J. Maxx.
The details were released Friday in agendas for the Pima County Board of Supervisors meeting Jan. 6, during which incentive packages will be discussed.
Aside from Tucson, HomeGoods is considering sites in New Mexico, California and Nevada to build the new warehouse, which will serve as the distribution center to all HomeGoods stores west of Denver.
“The rail line works in our favor,” Snell said. “But the available workforce here is the top driver.”
The Board of Supervisors will vote Jan. 13 on tax incentives. County officials propose to designate the property as a Foreign Trade Zone. That would reduce the property tax from 19 percent to 5 percent for a total of 15 years.
The center would be fully operational in 2017.
Because HomeGoods hasn’t finalized the land purchase or formally announced a selection of Tucson, the city hasn’t offered any incentives yet.
However, a spokesman from the city manager’s office said the mayor and City Council will consider offering the “primary jobs incentive” at its Feb. 18 meeting.
Read more at Arizona Daily Star